Quick Glance: Explosions Over Moscow: Drone Attacks Continue
- Moscow experienced a second consecutive night of explosions caused by armed kamikaze drones and air defense systems.
- According to reports, at least three different Ukrainian-made drones have been used in attacks inside Russia, including Moscow.
- Russian officials, Moscow media, and pro-Russian Telegram channels confirmed the deployment of three drones against the city.
- According to a Russian Telegram channel, readers' reactions to the drone attacks have changed.
Quick Glance: Clients are migrating supply chains away from China, according to Citigroup CEO.
- Citi is bullish on China, but a rebalancing of global supply chains that has been happening since the COVID-19 pandemic has intensified as a result of the conflict in Ukraine, according to Livingstone in an interview with Bloomberg Television.
- The growing trade war between the United States and China is forcing a rethinking of the electronics industry's decades-old supply structures.
- Supply chain price pressures have subsided, but their impact on inflation remains.
- The United States and three Asian partners met to discuss the chip supply chain, according to reports.
Just published: front page of the Financial Times, international edition, Friday 26 August https://on.ft.com/3AmhYUA
Quick Glance: Vladimir Putin wants a reassessment of the Ukrainian grain export arrangement.
- President Vladimir Putin said on Wednesday that a UN-brokered Ukrainian grain export pact had "cheated" Russia and the poor world, threatening to amend its terms to limit the countries that might receive shipments.
- "Almost all the grain exported from Ukraine is sent not to the poorest developing countries, but to European Union countries," Putin said at an economic summit in the eastern city of Vladivostok on Wednesday.
- 1:14According to Lavrov, "corrections" to the Ukraine grain transaction will be based on UN statistics.
- "Many of these elements of restrictions remain," Putin stated.
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Citigroup Inc. will close its commercial and banking businesses in Russia.
Chris Jones brings you the report ... Show more wionews.com/videos
Citigroup will close its consumer and commercial banking businesses in Russia starting this quarter. The closure will affect about 2,300 of Citi's 3 ... Show more wionews.com/videos
Russia has set out strict rules for foreigners seeking permits to buy and sell Russian securities and real estate, a client memo by Citigroup showed ... https://reut.rs/3MYx5co