Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

U.S. drone strike order came from “highest levels of the Kremlin”

Published

on

Fuel was dumped on the drone before the collision

 
U.S. officials familiar with the Russian drone strike say the order to act came from the “highest levels of the Kremlin.”

The U.S. military believes the incident happened on Tuesday morning and the confrontation lasted around 30 to 40 minutes.

Russia reportedly dumped fuel on the drone several times before the collision.

Moscow now says it is trying to retrieve the remnants of the U.S. drone that crashed into the Black Sea.

The MQ-9 Reaper drone plunged into the water after a Russian jet clipped its propeller.

Moscow is continuing to deny these claims.

Russia’s security council secretary confirmed the nation is now attempting to find the aircraft.

He also says the drone’s presence in the Black Sea is “confirmation” the U.S. is supporting Ukraine in the war.

In Washington, John Kirby says the U.S. is also searching for the aircraft, but stressed if Russia beats them to it, “their ability to exploit useful intelligence will be highly minimised”.

“We took steps to protect information and any efforts to exploit the drone,” Kirby added.

U.S. military officials believe the incident happened on Tuesday morning and the confrontation lasted around 30 to 40 minutes.

Russia reportedly dumped fuel on the drone several times before the collision.

When it comes to retaliation, General Mark Milley says, clearly, the U.S. “does not seek armed conflict with Russia.”

“We should continue to investigate the incident and move on from there,” Milley outlined.

When it comes to future operations, Defence Secretary Lloyd Austin says Washington will continue to fly its aircraft where international law allows.

“The United States will continue to fly and operate wherever international law allows,” Austin pointed out.

“It is incumbent upon Russia to operate in a safe and professional manner.”

Continue Reading

News

Rate cuts ahead? US stocks bounce as inflation cools

Published

on

Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action.

Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay.

Meanwhile, in the US, softer inflation data has lifted hopes that the Federal Reserve could cut rates later this year. That news helped spark a sharp turnaround in US equities, with the so-called “sell America” trade now unwinding as buyers return to Wall Street.

Continue Reading

News

Trump’s $600B Middle East Deal: What It Means for Global Stability

Published

on

 

President Donald Trump’s four-day Middle East tour during his second term has sparked global attention, locking in a monumental $600 billion investment from Saudi Arabia. From AI to defence, space to energy—this economic pact is reshaping U.S. foreign policy.

In an unprecedented move, Trump also lifted long-standing U.S. sanctions on Syria after meeting its new president, raising eyebrows among traditional allies.

Ticker News anchor Veronica Dudo speaks with Erbil “Bill” Gunasti, former Turkish PM Press Officer and Republican strategist, to break down the implications for national security, global diplomacy, and the path to peace in Ukraine.

Continue Reading

News

Trump’s AI deals raise concerns over China ties

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

Published

on

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

In Short:
Trump’s AI deals with Saudi Arabia and the UAE are causing internal conflicts in his administration over US national security. Officials are concerned that American technology supplied to the Gulf could ultimately benefit China, leading to calls for enhanced legal protections.

President Donald Trump’s recent AI deals in Saudi Arabia and the UAE are causing internal conflicts within his administration.

Concerns are rising among officials, particularly China hawks, about the implications for US national security and economic interests.

Agreements include shipments of vast quantities of semiconductors from Nvidia and AMD to the Gulf states, prompting fears that American technology could ultimately benefit China, given the region’s ties with Beijing.

While the accords include clauses to limit Chinese access to the chips, some officials argue that further legal protections are necessary.

Critics, including Vice President JD Vance, have suggested that maintaining US dominance in AI is crucial, and shipping chips abroad might undermine that goal.

Supporters of the deals, including AI Adviser David Sacks, argue the need for American technology in the Gulf to deter reliance on Chinese alternatives.

Despite this, internal discussions are underway to potentially slow down or reassess the agreements due to ongoing national security concerns.

Conversations have also included proposals for a significant chip manufacturing facility in the UAE, which many officials deem risky due to China’s influence.

Additionally, worries persist about G42, an AI firm in Abu Dhabi, which has historical ties to Huawei.

The agreements with Gulf countries promise to enhance their technological capabilities while necessitating careful oversight to address US security priorities.

 

Continue Reading

Trending Now