Markets Lurch on European War Risks:

Markets Lurch on European War Risks:

European markets lurched after Ukraine used long-range US missiles to attack deep inside Russia for the first time and the Kremlin announced an updated nuclear-weapons doctrine. Polish stocks and the zloty currency led a wider transatlantic selloff as investors used the Eastern European country’s assets as a proxy for escalating risk. Traditional haven assets including…

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Kremlin brings up nuclear doctrine day after Biden's arms decision on Ukraine

Kremlin brings up nuclear doctrine day after Biden’s arms decision on Ukraine

Russian President Vladimir Putin chairs a meeting with members of the Security Council via video link at the Constantine Palace in Strelna on the outskirts of Saint Petersburg, Russia September 20, 2024.  Alexander Kazakov | Via Reuters Changes to Russia’s nuclear doctrine have been drawn up and will be formalized as necessary, the Kremlin said on Tuesday, signaling again…

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Russian officials say Biden decision to let Ukraine fire missiles deep into Russia could lead to world war

Russian officials say Biden decision to let Ukraine fire missiles deep into Russia could lead to world war

President Biden’s decision to allow Ukraine to fire U.S.-made and supplied missiles deeper into Russia — a major policy shift announced over the weekend after months of intense lobbying by Kyiv — has drawn a furious response from Moscow. While there was no immediate reaction directly from the man who launched the nearly three-year war…

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Joe Biden allows Ukraine to use long-range US-supplied ATACMS missiles on targets in Russia

Joe Biden allows Ukraine to use long-range US-supplied ATACMS missiles on targets in Russia

President Joe Biden has permitted Ukraine to use long-range missiles supplied by the US to strike targets inside Russia, in a major foreign-policy about-face being reported by multiple American media outlets. Previously, the US had insisted the weapons it supplied Kyiv could only be used to attack Russian military assets occupying Ukrainian territory, with one…

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Scholz call with Putin opens a ‘Pandora’s box,’ Ukraine’s Zelenskyy complains – POLITICO

Scholz call with Putin opens a ‘Pandora’s box,’ Ukraine’s Zelenskyy complains – POLITICO

In the telephone call on Friday, Scholz exhorted Putin to “end” his war on Ukraine and to “withdraw troops.” The conversation lasted for about an hour and was the first direct exchange between the two leaders in nearly two years, German media reported. “The Federal Chancellor urged Russia to be prepared to negotiate with Ukraine with the aim…

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