UKRAINE UPDATE: 31 MAY 2022: Biden says no to long-range weapons as part of military aid; EU wrangles over Russian oil ban

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UKRAINE UPDATE: 31 MAY 2022: Biden says no to long-range weapons as part of military aid; EU wrangles over Russian oil ban
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President Joe Biden said the US would not send Ukraine ‘rocket systems that can strike into Russia’, seemingly quashing reports that the administration would consider long-range weapons in a new aid package. Ukraine has repeatedly called for more ...

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The comment seemed to contradict previous reports that the US would consider offering Ukraine the systems – some of which have a range of 300km – as part of a new military aid package expected to be announced within days.After cutting gas supplies to Poland, Bulgaria and Finland, Russia has now warned it will halt pipeline shipments to a Dutch energy firm.

“Politics is so that one day you’re in power and the next day, you’re not – so I can’t be sure of that,” Kallas told. A government collapse would leave the Baltic nation potentially rudderless at a time of heightened security risks and record inflation.“There is no compromise at this moment at all,” the Hungarian prime minister said on arrival at the EU summit in Brussels. “There is no agreement at all.

Moscow also appears to be mobilising Soviet-era T-62 battle tanks from storage, which are likely to be vulnerable to anti-tank weapons. That shows its shortage of modern combat equipment, the official said.The operator of Russia’s Sakhalin-2 liquefied natural gas plant stopped supplying the fuel to a former Gazprom trading unit seized by Germany, according to people with knowledge of the matter.

Pimco’s Income Fund already had almost $1-billion of bets on Russia via credit-default swaps coming into the year, and added a net $106-million in the first quarter, according to documents filed this month with the Securities and Exchange Commission. The bulk of the new swaps was sold in January, with some added in February before the war began, according to a person with direct knowledge of the matter.

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