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2025-01-26
In many ways, President Vladimir Putin seems to be winning. Russian forces are pushing ahead in Ukraine. President-elect Donald Trump is returning to the White House. War fatigue is spreading across Europe. North Korean troops have boosted the ranks of his army. And yet on Thursday, Putin appeared weary, threatened and newly aggrieved as he took his bellicose threats against his Western adversaries to a new level. Even with the prospect of a friendlier American administration around the corner, he has found himself struggling anew to confront perhaps the biggest failure of his war: Russia’s inability to deter the West from providing colossal amounts of military aid to Ukraine. As a result, Putin is bringing Russia closer to a direct conflict with the United States than at any point in decades. He announced Thursday evening that Russia had struck Ukraine with a new intermediate-range missile, one with nuclear capabilities, using a televised speech to cast the West as an aggressor that left Moscow with no choice but to respond. On Friday, Putin told a meeting of military leaders that Russia would continue using and begin regular production of the new missile. Two months from now, Trump’s second presidency could give Putin the chance to strike a peace deal with Ukraine that he could portray as a victory. But until then, people who study the Kremlin say, Putin is intent on driving home the chilling message that America risks nuclear war as it expands its support for Kyiv. “The Russian side has clearly demonstrated its capabilities,” Dmitry Peskov, the Kremlin’s spokesperson, said on Friday. “The contours of further retaliatory actions, if our concerns are not taken into account, have also been quite clearly outlined.” Capturing the mood, one of Russia’s most influential security hawks, Sergey Karaganov, a political scientist, published an article on Thursday warning that Russia risked “ripping defeat from the jaws of victory.” To prevail over the West, he argued, the Kremlin needed to step up the threat of nuclear weapons being used. “Russia has started to win in the fight against Western aggression in Ukraine,” Karaganov wrote. “But it’s early and dangerous to relax. The fight is only beginning.” Ever since he launched his invasion in February 2022, Putin has mostly been careful to avoid direct military conflict with NATO, even as Western countries poured modern weaponry into Ukraine that killed tens of thousands of Russian soldiers. But on Thursday, he said in the most explicit terms yet that he was ready for such an escalation: Russia was “entitled,” he said, to strike the military facilities of countries “that allow their weapons to be used against our facilities.” The main reason for that shift appears clear: President Joe Biden’s recent decision to allow Ukraine to strike deep into Russian territory with U.S.-provided missiles that have a range of 190 miles. That was followed by a similar decision by the British government. While Ukraine’s present stock of Western missiles is not sufficient to change the course of the war, Putin appears to fear that the West could provide Ukraine with more powerful, longer-range missiles in the future. “From that point onward,” Putin said Thursday, referring to Ukraine’s missile attacks this week, “the regional conflict in Ukraine provoked by the West has assumed elements of a global nature.” But some analysts see a second reason Putin may feel prepared to take bigger risks now: Trump’s looming return to the White House. After all, Putin’s threats about a “global” war dovetail with Trump’s rhetoric about Biden risking World War III. So Putin — who quickly praised Trump after he won the election — may believe that taking more aggressive steps now could help him strike a favorable deal once Trump is inaugurated. “I don’t see him being concerned about ruining his chances for a deal with Trump — rather, quite the opposite,” said Tatiana Stanovaya, a senior fellow at the Carnegie Russia Eurasia Center. “Trump took the position that Biden’s policies are leading to World War III, and what Putin is doing confirms this.” Biden long resisted allowing Ukraine to strike deep into Russia with U.S. missiles, to Ukraine’s great frustration, amid concern about Putin’s response. In September, Putin said that such a move would put his country “at war” with NATO, for the first time defining a specific “red line” that he was warning the West not to cross. This week, the Biden administration crossed it, citing Putin’s own escalation of the war this fall by bringing thousands of North Korean troops into the fight. Biden administration officials calculate that the risk of escalation by Putin diminished with the election of Trump. But in Moscow, some question that notion. A former senior Russian official who remains close to the Kremlin said “no one knows” if a deal with Trump is really possible. But “a threat after Biden’s decision has already emerged,” he added, “so we have to respond.” He spoke on condition of anonymity to discuss sensitive Kremlin deliberations. American officials “are overestimating both themselves and the significance of their agenda for others,” said Dmitry Trenin, a hawkish specialist on security policy at Moscow’s Higher School of Economics, suggesting Putin is not so concerned about who holds power in Washington. “Putin has his schedule and his strategy, and he will follow them.” Still, Putin has repeatedly signaled that he is interested in a negotiated settlement, as long as he is able to keep the land Russia has captured in Ukraine and to extract political concessions, like a guarantee that the country won’t join NATO. He has often pointed to a draft treaty that Ukrainian and Russian negotiators hammered out in the first months of the invasion in 2022, in which Ukraine would have declared itself “permanently neutral” and accepted limits on the size of its army. Russia may be “quite cynical and skeptical” about the prospects for a deal after Trump takes office, said Samuel Charap, a senior political scientist at the Rand Corp. “But they still recognize that they need a deal eventually.” Ukrainian and Western officials contend that Putin is simply looking for a deal only on his terms, tantamount to capitulation. The 2022 negotiations between Russia and Ukraine fell apart amid disputes over how the West could protect Ukraine from another Russian invasion in the future. That issue — the shape of “security guarantees” for Ukraine — is likely to loom as the most complicated factor in any renewed talks after Trump returns to the White House, more important than how much Ukrainian territory Russia is allowed to keep control over. Until then, conditions appear ripe for further escalation — because Russia and Ukraine are jockeying for better negotiating positions before Trump takes office, and because Putin appears determined to deter a further expansion of Western aid to Ukraine that could bring the fighting deeper into Russian territory. “We’re in an escalatory spiral,” Charap said. Separate from any preparation for future negotiations, he added, that spiral “is a sort of dynamic of its own.” This article originally appeared in The New York Times . © 2024 The New York Times Companyfortune gems 3 hack download

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PETALING JAYA: The oil and gas (O&G) sector, weighed down by geopolitical uncertainties, is likely to experience a market correction rather than a prolonged downcycle, according to BIMB Securities Research. “The geopolitical conundrum has dragged the sentiment over a potential slowdown in offshore activity. Notwithstanding, we see it as a market correction rather than a full-blown downcycle, given our oil price scenario outlook remains intact,” the research house said in its latest report on the sector. The research firm maintained its oil price assumption of US$75 per barrel for 2025, anticipating that it will support ongoing investments in offshore projects despite current headwinds. The research house said the sector’s outlook is clouded by unresolved geopolitical issues, including a conflict between Petroleum Sarawak Bhd and Petroliam Nasional Bhd (PETRONAS) over the role of sole gas aggregator in Sarawak, as well as potential incentives from the United States to boost shale drilling “may weigh on oil prices”. “While there may be some slowing in the near term, we see it as a correction rather than a full-blown downcycle – the offshore service rate will cool to allow for a more sustainable pipeline of projects,” it said. Despite current challenges, BIMB Securities Research sees the recent weakness in oil and gas stock prices as a buying opportunity. “We think the recent stock price weakness is an opportunity to accumulate at a lower level,” the research house said. Key factors that could drive a re-rating of the sector include fresh contract awards, order book replenishments and increased dividend payouts, it added. The research house has maintained its “overweight” stance on the sector, particularly for upstream players. For the third quarter ended Sept 30, (3Q24), BIMB Research said the financial performance of companies under its coverage were largely within expectation. “ Dayang Enterprise Holdings Bhd and Velesto Energy Bhd outperformed while MISC Bhd and Hibiscus Petroleum Bhd lagged our earnings estimates, though the latter are expected to make a strong come back in 4Q24,” it noted It said both Dayang and Velesto’s earnings beat its full-year estimates thanks to better-than-expected profit margins amid stronger daily charter rates for offshore rigs and vessels. “ Sapura Energy Bhd also staged a greater showing but the sustainability is at risk given that the outperformance is likely to be aided by reversal of contingency cost provisions. Similarly, Petronas Dagangan Bhd also temporarily benefited from favourable jet fuel prices that lagged lower product costs,” it noted.

South Korea's President Yoon Suk Yeol, embattled conservativeAP Sports SummaryBrief at 4:46 p.m. ESTFAIRFIELD (2-4) Smith 0-1 0-0 0, Bergens 1-3 2-4 5, Johnson 3-4 0-0 6, Perry 1-4 3-4 5, Bleechmore 3-10 4-5 11, Munkadi 0-0 3-4 3, Riek 5-11 1-2 13, Sparks 2-6 2-2 7, Best 4-6 4-4 13, Rogan 1-1 0-0 3, Seck 0-1 0-0 0, Curtis 0-3 0-0 0. Totals 20-50 19-25 66. YALE (4-3) Townsend 7-13 2-2 16, Aletan 5-9 5-6 15, Gharram 2-5 0-0 5, Mbeng 2-5 3-4 7, Poulakidas 7-8 2-2 22, Celiscar 4-4 2-2 10, Simmons 0-2 2-2 2, Mullin 0-1 2-2 2, Molloy 4-5 0-0 8, Brathwaite 1-2 0-0 2, Arlington 0-0 0-0 0, Fox 0-0 0-0 0, Rice 1-1 0-0 2. Totals 33-55 18-20 91. Halftime_Yale 46-26. 3-Point Goals_Fairfield 7-22 (Riek 2-6, Best 1-1, Rogan 1-1, Bergens 1-2, Sparks 1-3, Bleechmore 1-6, Perry 0-1, Curtis 0-2), Yale 7-16 (Poulakidas 6-7, Gharram 1-2, Brathwaite 0-1, Mullin 0-1, Simmons 0-1, Mbeng 0-2, Townsend 0-2). Rebounds_Fairfield 20 (Bleechmore, Munkadi 4), Yale 31 (Townsend 7). Assists_Fairfield 6 (Riek, Sparks 2), Yale 23 (Mbeng 11). Total Fouls_Fairfield 20, Yale 21. A_2,100 (9,323).

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Andy Murray and Novak Djokovic’s magnificent seven grand slam finalsAndy Murray is to take over as coach for his old rival Novak Djokovic at the Australian Open. Here, the PA news agency looks at the seven Grand Slam finals contested by the pair. Murray turned in a poor performance in Melbourne, failing at the third attempt to win a set in a Grand Slam final as Djokovic broke serve seven times and hit six aces to claim a comprehensive win 6-4 6-2 6-3. “You had an unbelievable tournament and deserved to win,” the Scot said in reference to his opponent. “I look forward to playing against you in the future.” It took five sets for Murray to claim his first Grand Slam title, becoming the first British man to achieve the feat since Fred Perry in 1936. The final clocked in at four hours and 54 minutes as Murray prevailed 7-6 (10) 7-5 2-6 3-6 6-2 to end a wait of 287 tournaments in British male tennis for a victory. “I want to congratulate Andy on his first grand slam, he thoroughly deserves it,” said Djokovic. “I really tried my best. I gave it my all. It was a tremendous match.” Congrats @DjokerNole . Incredible athlete. Perfect gentleman. #ausopen — judy murray (@JudyMurray) January 27, 2013 Murray was dogged by injury in Melbourne with a heavily strapped right foot and a tight hamstring as Djokovic fought back from a set down to land a third consecutive Australian Open title, 6-7 (2) 7-6 (3) 6-3 6-2. “His record here is incredible,” said Murray. ”Very few people have managed to do what he has done, a deserved champion.” Murray ended a 77-year wait for a British men’s victory at Wimbledon by defeating his old foe 6-4, 7-5, 6-4 in SW19, serving emphatically with nine aces and only two double faults to throw off the weight of history. The Scot had been 4-1 down in the second set as the match threatened to slip away from him and with it the chance to cement his place in tennis folklore, but having wasted three championship points he finally sealed the deal when Djokovic drove into the net with his final shot. A post shared by Novak Djokovic (@djokernole) Djokovic triumphed 7-6 (5) 6-7 (4) 6-3 6-0 and after the 24 matches and five grand slam finals the pair had played against each other across nine years, the Serb had established a 16-8 overall lead and 3-2 in slam finals. “Success is being happy,” said Murray. “It’s not about winning every single tournament you play, because that isn’t possible.” What a journey. Really grateful for everything. I'll keep working hard. Love is the key! pic.twitter.com/CrT7TYRL3O — Novak Djokovic (@DjokerNole) January 31, 2016 The Serb landed a fourth win over Murray in Australian Open finals and his 11th in 12 matches to land his 11th major title, whilst the Scot made it five consecutive final losses in Melbourne, a new record in the Open era. “I feel like I’ve been here before,” said Murray after a 6-1 7-5 7-6 (3) loss. “Congratulations Novak, six Australian Opens, an incredible feat, and incredible consistency the last year.” "This is something that’s so rare in tennis... it’s gonna take a long time for it to happen again" Andy to Novak ❤️ pic.twitter.com/LN7dW8ZJED — Roland-Garros (@rolandgarros) June 5, 2016 This was Murray’s first final at Roland Garros but it brought a familiar conclusion as Djokovic triumphed against him for the fifth time in seven Grand Slam finals. The 3-6 6-1 6-2 6-4 success was a first win for the Serb in Paris and saw him hold all four slams simultaneously. Murray went on to win Wimbledon the following month and was voted BBC Sports Personality of the Year but, addressing Djokovic in Paris, said: “This is his day today. What he’s achieved the last 12 months is phenomenal, winning all four of the grand slams in one year is an amazing achievement.”

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