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Putin labels United States as Russia’s biggest rival

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Vladimir Putin has labelled the United States as his nation’s biggest rival, as Russia celebrates Navy Day

Putin signed a new naval doctrine, setting out Moscow’s global maritime ambitions for crucial areas including the Arctic and Black Seas.

President Vladimir Putin signed a new naval doctrine on Sunday (July 31) which cast the United States as Russia’s main rival.

Inspecting the country’s fleet, the leader set out Russia’s global maritime ambitions for crucial areas like the Arctic and in the Black Sea.

Putin was speaking on the nation’s Navy Day in the former imperial capital of St Petersburg – a city founded by Tsar Peter the Great.

The president praised Peter for making Russia a great sea power and increasing the global standing of the Russian state.

Shortly before, Putin signed a new 55-page doctrine, setting out the navy’s strategic aims and its ambition as a “great maritime power” extending over the entire world.

It says the main threat to Russia is “the strategic policy of the USA to dominate the world’s oceans”, as well as the NATO military alliance moving closer towards its borders.

If soft powers like diplomatic and economic tools have been exhausted, the doctrine claims Russia may use appropriate military force.

Putin did not mention the conflict in Ukraine during his speech.

But the military doctrine envisages “strengthening Russia’s geopolitical position” in the Black and Azov seas – and set out the Arctic Ocean as being of particular importance.

The U.S. has repeatedly said Russia is trying to militarize the area.

Putin added that delivery of Russia’s “unique” Zircon hypersonic cruise missiles would begin within months.

Emphasizing his ambition to be able to respond to threats to Russia’s sovereignty with “lightning speed”.

Hypersonic weapons can travel at nine times the speed of sound.

Over the past year, Russia has conducted test-launches of the Zircon missiles from warships and submarines.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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World

Texas man breaks ice off trampoline net

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Texas cold snap sees temperatures plummet

 
How’s this for cold?

Twitter user Brett Hillier has shared a video from his property in Texas, showing ice on the net of his trampoline cracking.

The Dallas-Fort Worth area has been blanketed with snow, with hazardous conditions expected to continue until at least Thursday.

Authorities have responded to hundreds of accident-related calls, with the ice storm wreaking havoc on roads.

The freezing conditions are making making roads slick, sending cars sliding as residents are told to stay home.

Schools across Mississippi and Tennessee have also been shut. #trending #featured

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World

Kamala Harris demands Congress pass George Floyd Act

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U.S. vice President Kamala Harris has implored Congress to pass the George Floyd Justice and Policing Act

While at the funeral of Tyre Nichols, who was beaten and died at the hands of five Memphis police officers – Harris implored for the right thing to be done.

“As vice-president of the United States, we demand that Congress pass the George Floyd Justice and Policing Act. Joe Biden will sign it,” Harris made the call to action while at the congregation in Memphis.

The Memphis Police Department fired five of the officers involved in the attack, who also are Black.

Prosecutors then charged them last week with second-degree murder, assault, kidnapping, official misconduct and oppression.

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Business

Meta stocks soar in ‘Year of Efficiency’

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Meta Platforms has announced a better-than-expected sales quarter, as well as a USD$40 billion stock buyback.

The parent of Instagram and Facebook cut its cost outlook for 2023 by $5 billion, and projected first-quarter sales that could beat Wall Street estimates.

Meta stock surged nearly 19% in after-hours trade.

Chief Executive Mark Zuckerberg described the focus on efficiency as part of the natural evolution of the company, calling it a “phase change” for an organisation that once lived by the motto “move fast and break things.”

“We just grew so quickly for like the first 18 years,” Zuckerberg said in a conference call. “It’s very hard to really crank on efficiency while you’re growing that quickly. I just think we’re in a different environment now.”

The cost cuts reflect Meta’s updated plans for lower data centre construction expenses this year.

In November, the company cut more than 11,000 jobs in response, a precursor to the tens of thousands of layoffs in the tech industry that followed.

“Our management theme for 2023 is the ‘Year of Efficiency’ and we are focused on becoming a stronger and more nimble organisation,” Zuckerberg said in a statement.

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