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The Daily Brief: Allies Attempt to Fortify Ukraine Against Threat of Russian Aggression

US troops ready to be sent to Ukraine when needed.

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Summary:

  • Russia has deployed nearly 100,000 troops near its shared border with Ukraine.
  • In response, US President Biden is conferring with European counterparts on how to protect Ukraine from a Russian incursion.
  • The U.S. has placed 8.500 troops on high alert in case tensions rise betweens Ukraine and Russia.
  • NATO has similarly put forces on alert and is sending military aircraft closer to Eastern Europe.
  • Although Russia denied any intent to invade, its military strategy to surround Ukraine on the north, east and south seems to indicate otherwise.
  • Interested in staying ahead of the game, both England and the United States have recalled their diplomatic representatives in Kyiv.
  • NATO Secretary General Jens Stoltenberg has reaffirmed NATO’s pledge to protect its allies at all costs.

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Other Headlines:

Military Rule Overtakes Burkina Faso

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The Gek, CC BY-SA 4.0, via Wikimedia Commons
  • The once democratic nation of Burkina Faso has fallen to military rule according to several reports from the African continent.
  • The location of democratically elected president Roch Kabore is unknown, amidst speculation that he is being detailed by the military.
  • The country is under curfew and its border are temporarily closed as the military attempts to maintain law and order.
  • Burkina Faso is the third country in West Africa in the last 18 months to fall to military coup.

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Stocks See High Drops, Followed by Rebounds

Stockmarket
AhmadArdity, CC0, via Wikimedia Commons
  • Alongside ongoing fears of inflation, stocks saw a massive drop before rebounding. 
  • The Dow Jones Industrial Average saw a 1,000 point decrease before gaining 100 earlier. Nasdaq rose 0.6% after seeing a loss of 5%. S&P 500 increased 0.3% after dropping around 4% earlier in the day. 
  • The Federal Reserve is most likely the reason for the cycle, which allegedly will be halting growth in order to leash inflation, a move which officials fear will stifle economic growth. 

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5.3 Magnitude Earthquake in Haiti Kills 2

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  • A 5.3 magnitude earthquake hit Haiti this Monday, killing two and injuring dozens of others. 
  • Rescue teams deployed to sights reported building damage of over 600 homes and 50 individuals currently receiving help for injuries. 
  • The disaster comes just months after a 7.2 magnitude earthquake hit the country, which destroyed thousands of homes and caused over 300 deaths. 

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Ireland Foreign Minister States Russia Naval Exercises are “Not Welcome”

Simon Coveney%2C Minister of Defence
Irish Defence Forces, CC BY-SA 2.5, via Wikimedia Commons
  • Ireland’s Foreign Minister stated Russia’s naval exercises planning to be held soon off the Irish coast are “not welcome”. 
  • Simon Coveney states that the drills cannot be prevented as they are occurring on “international waters” but also on the “exclusive economic zone of Ireland”.
  • The news comes “In light of the current political and security environment in Europe” as tensions between Russia and Ukraine increase with officials suspecting an invasion by Moscow to occur soon.  

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All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

Daily Brief

China Threatens Consequences if Pelosi Visits Taiwan

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  • US House of Representatives Speaker Nancy Pelosi has landed inTaiwan. Prior to the visit, China’s Foreign Ministry has voiced their disapproval, stating that “China will take resolute responses and strong countermeasures to defend its sovereignty and territorial integrity.”
  • US Secretary of State Antony Blinken emphasized in response  that “The speaker will make her own decisions about whether or not to visit Taiwan,” and that the US is looking to Beijing to “act responsibly and not to engage in any escalation going forward.”
  • The US has made it clear that members of Congress routinely visit Taiwan and that this trip is non-threatening and has precedent. Even so, some officials have expressed concern that China may invade Taiwan’s air defense zone or send missiles near Taiwan in retaliation.
  • Pelosi has criticized China’s leadership and vocalized support for Taiwan in the past. She is currently on her tour of Asia, with scheduled visits to Singapore, Malaysia, South Korea and Japan.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

First Grain Ship Departs Ukraine After Six Months of Russian Blockade

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  • The first shipment of grain departed the port of Odesa on Monday after Russia’s blockade of Ukrainian ports for the last six months trapped around 20 million metric tons of wheat and corn.
  • Russia recently made a deal with Ukraine, brokered by the UN and Turkey, allowing grain exports to resume, appeasing fears of a global food supply crisis and rising prices.
  • Ukrainian Foreign Minister Dmytro Kuleba celebrated the shipment, calling it a “day of relief for the world, especially for our friends in the Middle East, Asia, and Africa.”
  • Ukrainian President Volodymyr Zelensky was more hesitant to celebrate the shipment, stating “it is too early to draw any conclusions and make any forecasts” and he wants to “see how the agreement works and whether security will be really guaranteed.”

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Concerns Rise As US Teeters on the Brink of Recession

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  • The US economy declines for the second quarter in a row, causing, what other countries would consider, an economic recession. 
  • The prices for groceries, gas, and other basics are rising at the fastest pace since 1981. The US Central Bank is quickly trying to raise borrowing costs in order to cool the economy and ease the prices on goods, but with the contraction, at the annual rate of 0.9% in the 3 months to July, many are still getting concerned. 
  • President Biden struggles to convince the public that the economy is sound, with the unemployment rate at a low 3.6%. But with inflation in the US hitting 9.1% in June, the fastest price appreciation in 4 months, consumer spending has slowed at an annual rate of 1%. 
  • Many other countries, such as China and the UK, have been hit harder by the surge in energy prices and the War in Ukraine, causing risks from abroad. Other countries are facing much more serious problems and once they’re hit, their problems can spill over and affect the US. 

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

North Korea Could Possibly Be Preparing another Nuclear Test

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  • North Korea could be preparing a seventh nuclear test, especially after Mr. Kim announced that the country is fully ready for any military confrontation with the US at a Korean War Anniversary event. 
  • A US special representative in North Korea states that Jong-Un has tested an unprecedented number of missiles this year—31 to 25. Jong-Un also stated that threats from the US required North Korea to achieve the urgent historical task of strengthening its self-defense. 
  • Jong-un also stated that South Korea is reviving a plan to counter North Korea’s threat by mounting precautionary strikes; in June alone, South Korea launched 8 missiles of its own.
  • The North Korean regime is especially angry with South Korea’s new president Yoon Suk-yeol and his so-called Kill Chain strategy. This strategy allows South Korea to launch ballistic missiles and air strikes on North Korean targets if it ever feels threatened. 
  • North Korea has also not been getting as much engagement with Washington ever since Biden replaced Trump, and could be hinting at some sort of deliberate escalation by the North, and preparations have been underway at the Punggye Ri test site since March.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Russia Limits Gas Supply to Germany

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Black Sea port of Theodosiya panoramio
  • Gazprom, a major Russian energy provider, has stated it will reduce the supply of gas to Germany by half via the Nord Stream 1 pipeline due to repair work. 
  • Germany has said that they see no technical reason for the decrease in gas supply. The European Union continues to accuse Russia of weaponizing energy, with Ukrainian President Volodymyr Zelensky stating, “This is an open gas war that Russia is waging against a united Europe.”
  • Ukraine and Russia signed an agreement to allow the export of grain via the Black Sea after Russia continued to block millions of tonnes from being exported. The next day, Russia struck missiles at the port, some of which hit the infrastructure of the port.
  • The US and Ukraine are optimistic that the agreement will still be implemented, with the US State Department stating, “Despite these attacks, we do understand that the parties are continuing preparations to open Ukraine’s Black Sea ports for food and fertilizer exports…we also continue to expect that the Black Sea agreement will be implemented.”

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Pope Francis Apologizes for Indigenous Abuse in Canadian Residential Schools

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  • Pope Francis traveled to the grounds of a former residential school near Alberta, Canada and formally apologized for the Church’s role in the abuse of indigenous people and erasure of indigenous culture.
  • The majority of the schools were run by members of the Roman Catholic Church in the late 1800s and 1900s. Around 150,000 indigenous children were sent to the schools and more than 3,000 are estimated to have died.
  • In his speech, the Pope asked for forgiveness and highlighted the Church’s role in the schools system, stating, “I ask forgiveness, in particular, for the ways in which many members of the Church and of religious communities cooperated… in projects of cultural destruction and forced assimilation promoted by the governments of that time, which culminated in the system of residential schools.”
  • Indigenous chiefs, survivors of the residential schools, and Prime Minister Justin Trudeau were some of the few in attendance for the Pope’s remarks.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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