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UK Pension Reform May Drive Billions to Riskier Assets, FT Says
UK Pension Reform May Drive Billions to Riskier Assets, FT Says
Highly-anticipated reforms of UK pensions could channel billions of pounds into fast-growing companies and boost investments in riskier
1970-01-01 08:00
Pakistan to Raise Taxes in Final Attempt to Secure IMF Loan
Pakistan to Raise Taxes in Final Attempt to Secure IMF Loan
Pakistan will make changes to its budget for the next fiscal year to appease the International Monetary Fund’s
1970-01-01 08:00
One Year After Dobbs, Getting an Abortion Is Now Much More Expensive
One Year After Dobbs, Getting an Abortion Is Now Much More Expensive
While the long-term consequences of the end of Roe v. Wade could take years to tally, one outcome
1970-01-01 08:00
Nurses Have Had Enough, Threatening Big Gaps in US Health Care
Nurses Have Had Enough, Threatening Big Gaps in US Health Care
A large swath of American nurses want out of the profession, raising the threat of a mass exodus
1970-01-01 08:00
Ukraine commanders say they will exploit ‘military coup’ in Russia to re-take territory
Ukraine commanders say they will exploit ‘military coup’ in Russia to re-take territory
Ukrainian forces are advancing in East Ukraine and have vowed to take advantage of an unfolding “civil war” in Russia, as Vladimir Putin faces an armed insurrection by the country’s most powerful mercenary group. In a direct threat to Putin’s authority, Yevgeny Prigozhin, the leader of Wagner, accused Moscow’s military of bombing his men and seized control of a key Russian city on Saturday morning. The outspoken leader of the world’s most infamous private army promised to march on the capital to get his revenge. In an unprecedented speech, Mr Putin called the act “treason” and said those who “took the part of blackmail and terrorist method will suffer inevitable punishment”. Ukrainian President Zelensky broke his silence to say it was another example of “Russia’s full-scale weakness”. Watching eagerly from across the frontlines, Ukrainian commanders, defence ministry officials and soldiers, told The Independent the country was “maximising” the extraordinary implosion of military leadership in Russia to push forward with their much-anticipated counter-offensive. Soldiers on the ground, speaking on the condition of anonymity, said overnight they had already advanced on the battle-ravaged Bakhmut in the eastern region of Donbas. Wagner forces have largely spearheaded Russia’s advance on the city which has been locked in a bloody stalemate that it earned the moniker of “meat grinder”. “Without a doubt, we will take advantage of this, as you will see in the near future,” Serhiy Cherevaty, spokesperson for the Ukrainian Armed Forces in the east, told The Independent, adding that Ukraine had long waited for Russia’s “irregular”’ reliance on mercenaries to backfire. “We predicted this would happen sooner or later and would lead to a larger escalation,” he continued. “Prigozhin is a media mogul, he has a powerful troll factory, a network of telegram channels, and has bought military journalists. All this is seen by [Russia’s] military personnel, and it demoralises them. “We will definitely take advantage of the enemy's confusion.” Yuriy Sak, a top advisor to Ukraine's defence minister, told The Independent that the Ukrainian leadership was closely watching a “real military coup”. “We have been saying for a long time that Russia is on the path to civil war and now we are seeing this unfold in real-time.” “But we are still focused on the frontlines,” he added. “We maximise every moment and every opportunity. This one is no exception." Soldiers on the ground told The Independent they had managed to take some streets in the east of the country and were pressing ahead Saturday afternoon. They spoke on the condition of anonymity as they are not authorised to comment to the media. “We are advancing in the Bakhmut direction, we have managed to take some streets and prisoners. And we will keep going,” said one infantryman in the east. “We had a productive night,” said another. “We can only take advantage of their confusion and seize certain parts of the front faster,” a third soldier wrote. Russian President Vladimir Putin vowed to crush what he called an "armed mutiny" after Prigozhin and his private army seized control of Rostov-on–Don Saturday early morning. The city, which is home to more than a million people, is close to the border with Ukraine and a key logistical hub for Russia’s invasion forces. Prigozhin, who has frequently lashed out Russia’s generals, vehemently denied “betraying” his country. In multiple audio messages shared online, he vowed to oust the country’s military leadership that he accused of bombing his men, rampant corruption and “lying” to Putin and to the country about their motivations behind launching a war in Ukraine. The former food vendor turned mercenary chief said he had captured the headquarters of Russia's Southern Military District after leading his forces into Russia from Ukraine. Russian officials announced an immediate state of emergency across swathes of the country and shut down roads from the south to the capital. But unverified videos later posted to Wagner’s telegram groups allegedly showed their forces already en route to Voronezh city, which lies on the main road to Moscow. They claimed Russian servicemen “lay down their arms” in Wagner's wake. Other videos shared to Telegram groups associated with Russia’s security apparatus appeared to show multiple explosions in the Voronezh region, including an oil depot on fire. “Regarding the betrayal of the motherland - [President Putin] was deeply mistaken,” Prizhochin said in his latest audio clip shared online. “We are patriots of our country, we fought and are fighting. No one is going to turn themselves in at the request of the president, the [intelligence] or anyone else,” he vowed. President Zelensky meanwhile said that “Russia’s weakness is obvious”, in comments posted to Twitter. “Everyone who chooses the path of evil destroys himself," he continued. “The longer Russia keeps its troops and mercenaries on our land, the more chaos, pain, and problems it will have for itself later.” British defence officials said that Russia was facing “the greatest challenge in recent times” Prime Minister Rishi Sunak said on Saturday urged all parties in Russia to protect civilians. Read More Rishi Sunak ‘in touch with allies’ about Wagner group rebellion in Russia Who is Yevgeny Prigozhin? The Wagner mercenary chief urging a ‘civil war’ against Putin Russia-Ukraine war live: Furious Putin calls Wagner mutiny ‘treason’ and ‘mortal blow’ to troops The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
1970-01-01 08:00
Watch live view of Moscow city centre as Putin vows to crush Wagner Group’s ‘armed mutiny’
Watch live view of Moscow city centre as Putin vows to crush Wagner Group’s ‘armed mutiny’
Watch a live view of Moscow city centre after Vladimir Putin has vowed to crush an “armed mutiny” from the Wagner mercenary group. The rebellion marks “the most significant challenge to the Russian state” in recent times, according to UK defence officials. Mr Putin, the president of Russia, called the actions of the private military company a “betrayal” after its chief Yevgeny Prigozhin vowed to topple Moscow’s military leadership. “Over the coming hours, the loyalty of Russia’s security forces, and especially the Russian National Guard, will be key to how the crisis plays out. This represents the most significant challenge to the Russian state in recent times,” the UK’s Ministry of Defence tweeted. Mr Putin, meanwhile, has promised to “defend the people” and Russia. He addressed the nation on Saturday morning after Mr Prigozhin claimed that his forces now control military facilities in Russia’s southern city Rostov-on-Don. Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
1970-01-01 08:00
Russia-Ukraine war live: Wagner armed rebellion moves closer to Moscow as Putin threatens revenge
Russia-Ukraine war live: Wagner armed rebellion moves closer to Moscow as Putin threatens revenge
Wagner’s armed rebellion is said to be moving closer to Moscow after the mercenary group’s vehicles were seen driving past a second Russian city. A Reuters witness said they saw they saw a column of Wagner’s vehicles in the Russian city of Voronezh on Saturday afternoon. One of the vehicles was a flatbed truck carrying a tank. It comes after Wagner group chief Yevgeny Prigozhin called for an armed rebellion overnight and warned in a video that he and his troops had taken control of the military headquarters in key Russian city, Rostov-on-Don. Vladimir Putin said an “armed mutiny” by Yevgeny Prigozhin was treason and a “mortal blow” to Russia’s troops. In an emergency televised address, the Russian president said anyone who had taken up arms against his military would be punished. Putin said he would do everything to protect Russia, and that “decisive action” would be taken. Prigozhin demanded Mr Shoigu and Russia’s top general Valery Gerasimov meet him in Rostov-on-Don, otherwise threatening to “blockade the city of Rostov and head for Moscow.” Read More Who is Yevgeny Prigozhin? The Wagner mercenary chief urging a ‘civil war’ against Putin Furious Putin calls Wagner coup ‘treason’: ‘This is a stab in the back to everyone in Russia’ Military vehicles on streets of Rostov-on-Don as Wagner chief claims control of HQ Who are Yevgeny Prigozhin and the Wagner mercenary group
1970-01-01 08:00
Eskom Allowed to Sidestep Pollution Reduction Rules at Key Plant
Eskom Allowed to Sidestep Pollution Reduction Rules at Key Plant
Eskom Holdings SOC Ltd., the world’s biggest sulfur dioxide emitter, has been given permission to bypass pollution abatement
1970-01-01 08:00
How Carlo Ancelotti plans to use Jude Bellingham at Real Madrid
How Carlo Ancelotti plans to use Jude Bellingham at Real Madrid
Real Madrid manager Carlo Ancelotti is planning on a tactical shakeup to accommodate Jude Bellingham into his starting lineup next season.
1970-01-01 08:00
Public Worker Pay Rises May Be Next Victim of Stubborn UK Inflation
Public Worker Pay Rises May Be Next Victim of Stubborn UK Inflation
UK inflation is running so high that the government is considering blocking pay rises for millions of public
1970-01-01 08:00
SNB Will Probably Have to Hike Rates Again, Jordan Tells SRF
SNB Will Probably Have to Hike Rates Again, Jordan Tells SRF
The Swiss National Bank will probably have to raise borrowing costs again to tame consumer-price growth, according to
1970-01-01 08:00
Infighting among Putin’s lieutenants reveals signs of ‘deep dysfunction’
Infighting among Putin’s lieutenants reveals signs of ‘deep dysfunction’
The video was shocking — not just for what it showed but also for what was said. Yevgeny Prigozhin, the outspoken millionaire head of the private military contractor Wagner, stood in front of the bloodied bodies of his slain troops in Ukraine and yelled expletive-riddled insults at Russian military leaders, blaming them for the carnage. “They came here as volunteers and they died to let you lounge in your red wood offices,” Prigozhin shouted. “You are sitting in your expensive clubs, your children are enjoying good living and filming videos on YouTube. Those who don’t give us ammunition will be eaten alive in hell!” It was a disquieting display for Russians used to more than two decades of rigidly controlled rule by President Vladimir Putin — years with little sign of infighting among his top lieutenants. Prigozhin's video in May and his other rants against the military leadership have been met with silence from Putin, as well as the brass. Some see Putin's failure to squelch the infighting as a sign of potential shifts in Russia’s political scene that set the stage for more internal battles. Prigozhin's rift with the military has been ignored by state-controlled TV, where most Russians get their news, although it is followed closely by the politically active, ultrapatriotic readers and viewers on social media networks, which share his contempt for military leaders. While there are no indications that Putin is losing influence, “there are growing signs of deep dysfunction, anxiety, worry about the war and real problems in marshaling the resources necessary to fight it effectively,” said Nigel Gould-Davies, a senior fellow for Russia and Eurasia at the International Institute for Strategic Studies and the editor of its Strategic Survey. Prigozhin’s feud with military leaders goes back years, and it spilled into the open amid the fighting for the eastern Ukrainian city of Bakhmut that was spearheaded by his mercenaries. It has pushed the 62-year-old Wagner owner, dubbed “Putin's chef” for his lucrative Kremlin catering contracts, to the forefront of Russian politics and signaled his growing ambitions. He scathingly criticized Defense Minister Sergei Shoigu and the chief of the General Staff Gen. Valery Gerasimov, as weak and incompetent in mocking statements full of vulgar language. At one point, he even alleged the army planted mines on the route his fighters planned to use and opened fire at them. With his crude remarks, Prigozhin ventured into territory where only Putin had gone before: Over the years, the Russian leader occasionally broke decorum with an earthy remark or off-color joke, while top officials used carefully worded language. In a later video, Prigozhin made a statement that some have interpreted as a thinly veiled attack on Putin himself. He declared that while his men were dying due to the Defense Ministry’s failure to supply ammunition, a “happy granddad is thinking he’s doing well,” and then referred to that “granddad” with an obscenity. The blunt comment caused a social media uproar, where it was broadly seen as a reference to Putin. Prigozhin later said he was talking about Gerasimov. “Prigozhin is now sailing much closer to the wind than he ever has,” Gould-Davies told The Associated Press. Sergei Markov, a pro-Kremlin political commentator, described Prigozhin as “the second-most popular man after Putin” and a “symbol of Russia’s military victory for millions of people.” Putin needs Prigozhin's mercenaries at a time when the regular military is still recovering from setbacks earlier in the invasion. The Wagner chief's position was bolstered after the private army captured Bakhmut last month in the war’s longest and bloodiest battle, relying on tens of thousands of convicts who were promised pardons if they survived six months of fighting. “Putin dominates the system, but he still sort of depends upon a small number of big people to implement his will, to provide him with resources to carry out his orders, including fighting the war,” Gould-Davies told AP. While Putin may adhere to keeping various factions divided and then intervening to “decide who wins and who loses, and who’s up and who’s down,” the process erodes the government's authority in wartime, Gould-Davies said. “That may be a way of keeping the political system going, but it’s certainly not the way to fight the war, because if your military forces are divided and if they’re not fighting together effectively, then your military operations will suffer accordingly and that’s exactly what’s happening here,” he said. Mark Galeotti, a London-based expert on Russian politics and security, noted the infighting was continuing even as Ukraine is in the early stages of its long-expected counteroffensive — "a point when really everyone should have one single common goal.” In a recent podcast, he speculated that Putin’s failure to resolve political disputes could be rooted in a lack of interest, a focus on other issues or, more likely, a reluctance to take sides. “It also raises questions about his overall capacity to do his job,” Galeotti said. “This is the one thing, the one job he can’t really outsource, and he’s not even trying.” The lack of response from military leaders to Prigozhin’s insults appeared to indicate they weren’t sure if Putin was on their side. St. Petersburg regional Gov. Alexander Beglov was another recent Prigozhin target, following their long-standing conflict rooted in Beglov’s reluctance to award lucrative contracts to Prigozhin’s companies. Just like the military leaders, Beglov has not responded. Prigozhin has allied with other hawkish officials, reportedly including Tula Gov. Alexei Dyumin, a former Putin bodyguard seen by many as a potential successor. The Wagner head also gravitated for some time toward Ramzan Kadyrov, the Moscow-backed regional leader of Chechnya. While denouncing most senior military leaders, Prigozhin spoke approvingly about Gen. Sergei Surovikin, who led Russian forces in Ukraine for several months before Putin appointed Gerasimov to oversee the operations. But some of those alliances have been shaky. While Kadyrov initially praised Prigozhin and backed some of his criticism of the military leaders, he later shifted course and criticized him for sounding defeatist. Kadyrov’s lieutenants went further, blasting Wagner's efforts in Bakhmut after Prigozhin made dismissive comments about Chechen fighters in Ukraine. Kadyrov’s right-hand man, Magomed Daudov, bluntly said Prigozhin would have been executed for such statements during World War II. Prigozhin quickly backed off, saying he was only expressing concern about Russian operations. Prigozhin has dodged questions about his ambitions, but in a move that reflected his desire to gain political clout, he recently toured Russia, continuing a barrage of blustery comments. “There are signs that he seeks some sort of political future,” Gould-Davies observed. Even though Prigozhin owes his position and wealth to Putin, he's playing the role of outsider with his criticism of some leaders and by trying to appeal to the masses amid setbacks in Ukraine, said Andrei Kolesnikov of the Carnegie Endowment. “He is posturing as an enemy of the elites, even though he is a product of Putin’s system, the embodiment of his regime and state contracts,” Kolesnikov said. “Prigozhin is playing an independent politician, raising the stakes and testing the system’s limits. But it’s only technically and physically possible for as long as Putin finds him useful and is amused by his escapades.” In a show of support for the military, Putin backed the Defense Ministry’s demand for all private companies to sign contracts with it — something Prigozhin has refused to do. And in another sign Putin's administration may finally be cutting Prigozhin down to size, messaging app channels connected to the Kremlin carried photos of his partying children, including a daughter in Dubai, in apparent retaliation for Prigozhin’s attacks on the defense minister’s daughter. Prigozhin has urged all-out war with Ukraine, including a total nationwide mobilization and the introduction of martial law in Russia — calls welcomed by some hawks. But Kolesnikov notes that the vast majority of Russians who are mostly apathetic or unwilling to make larger sacrifices could be frightened and appalled by that message. He cautions against overestimating Prigozhin’s clout and political prospects, and underestimating Putin's authority. "It’s enough for the commander-in-chief to move his finger to make the Wagner chief disappear,” Kolesnikov said. ___ Associated Press writer Danica Kirka in London contributed. ___ Follow AP's coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine-war Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Live Updates | Armed rebellion by Russian mercenary chief Furious Putin calls Wagner mutiny ‘treason’ and ‘mortal blow’ to troops –live Mapped: Inside Russian Wagner group’s road towards Moscow
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