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Belarus rescues Putin from Moscow insurrection

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Heavily armed Russian mercenaries who advanced most of the way to Moscow began turning back, de-escalating a major challenge to President Vladimir Putin’s grip on power.

Yevgeny Prigozhin, a former Putin ally and founder of the Wagner army, said his men reached within 125 miles (200 km) of the capital.

In response, Moscow deployed soldiers in preparation for their arrival and told residents to avoid going out.

The Wagner fighters captured the city of Rostov hundreds of miles to the south before racing in convoy through the country, transporting tanks and armoured trucks and smashing through barricades set up to stop them, video showed.

Wagner fighters loaded tanks on trailers and began withdrawing from the Rostov military headquarters they had seized, a Reuters witness said.

Earlier

Russian military helicopters opened fire on a convoy of rebel mercenaries already more than halfway toward Moscow.

President Vladimir Putin vowed to crush an armed mutiny he compared to Russia’s Civil War a century ago.

Fighters from Yevgeny Prigozhin’s private Wagner militia were in control of Rostov-on-Don, a city of more than a million people close to the border with Ukraine, and were rapidly advancing northwards through western Russia.

A Reuters journalist saw army helicopters open fire at an armed Wagner column that was advancing past the city of Voronezh with troop carriers and at least one tank on a flatbed truck. The city is more than halfway along the 1,100-km (680-mile) highway from Rostov to Moscow.

President Putin’s plane was spotted leaving Moscow

Prigozhin, whose private army fought the bloodiest battles in Ukraine even as he feuded for months with the top brass, said he had captured the headquarters of Russia’s Southern Military District in Rostov after leading his forces into Russia from Ukraine.

In Rostov, which serves as the main rear logistical hub for Russia’s entire invasion force, residents milled about, filming on mobile phones, as Wagner fighters in armoured vehicles and battle tanks took up positions.

Russian support

One tank was wedged between stucco buildings with posters advertising the circus. Another had “Siberia” daubed in red paint across the front, a clear statement of intent to sweep across the breadth of Russia.

In Moscow, there was an increased security presence on the streets. Red Square was blocked off by metal barriers.

“Excessive ambitions and vested interests have led to treason,” Putin said in a televised address, comparing the insurrection at a time of war abroad to Russia’s revolution and civil war unleashed during World War One.

“All those who deliberately stepped on the path of betrayal, who prepared an armed insurrection, who took the path of blackmail and terrorist methods, will suffer inevitable punishment, will answer both to the law and to our people.”

A defiant Prigozhin swiftly replied that he and his men had no intention of turning themselves in.

https://twitter.com/ChristopherJM/status/1672578245772947456?s=20

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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