Bloomberg Daybreak Europe: Ukraine's Audacious Strike
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Ukraine staged a dramatic series of strikes across Russia, deploying drones hidden in trucks deep inside the country to hit strategic airfields as far away as eastern Siberia. (2) The UK will create an 'always on' munitions production capacity to allow it to scale-up its defense industry when needed, as it increasingly shifts to a war footing with Russia's assault on Ukraine showing little sign of ending. (3) A nationalist candidate backed by Donald Trump won Poland's presidential election, defeating the centrist mayor of Warsaw in a blow to the country's pro-European Union government. (4) Six people were injured in an attack on an event in Boulder, Colorado, held in support of Israeli hostages, police and FBI officials said, sparking renewed concern about threats of antisemitic violence in the US. The FBI says the suspect was heard to yell 'Free Palestine' while using a makeshift flamethrower. (5) China accused the US of violating their recent trade deal and vowed to take measures to defend its interests, dimming the prospect of an immediate leadership call that Donald Trump wants to have to further bilateral talks.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fox News
12 minutes ago
- Fox News
Evening Edition: Ukraine's Drone Attack A Serious Blow To Russia's Arsenal
Ukraine launching an audacious drone attack thousands of miles into Russia, stunning the world and showing the strategic importance of drone warfare. As many as 41 Russian bombers across the country were damaged and analysts say it could be a serious setback for Moscow's war on Ukraine. Many of those bombers were used by the Kremlin to launch attacks on civilian populations in Ukraine. FOX's John Saucier speaks with Dr. Rebecca Grant, Vice President of the Lexington Institute and national security analyst, who says the unprecedented attack has really hampered Russia's strategic bombing force. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit
Wall Street Journal
13 minutes ago
- Wall Street Journal
Ukraine's Drone Strike Is a Warning—for the U.S.
By now Americans know about Ukraine's remarkable drone strike on Sunday that damaged as many as 40 aircraft deep inside Russia as strategic bombers sat like ducks in a row on military bases. One urgent lesson beyond that conflict is that the U.S. homeland is far more vulnerable than most Americans realize. The details about Ukraine's daring operation are few, but Kyiv managed to sneak cheap drones across the border and use them to destroy costly Russian military assets. The bang for Ukraine's buck was considerable. You don't have to be a fan of thrillers to imagine a similar scenario in the United States.
Yahoo
14 minutes ago
- Yahoo
Citigroup reverses firearms policy after pressure from Trump administration on big banks
A month after the 2018 mass school shooting in Parkland, Florida, Citigroup enacted restrictions for its clients that sold firearms — the first major bank on Wall Street to do so. On Tuesday, the bank rolled back that policy. 'We also will no longer have a specific policy as it relates to firearms,' the company said in a statement Tuesday. 'The policy was intended to promote the adoption of best sales practices as prudent risk management and didn't address the manufacturing of firearms.' The decision comes as the Trump administration alleges that Wall Street is biased against conservatives — a right-wing talking point since more than a dozen state auditors accused Bank of America of 'politicized de-banking' in an open letter last year (de-banking is when a bank closes an account for a customer it deems high risk). At the time, Bank of America said it has 'no political litmus test.' On Tuesday, Citi said it was 'following regulatory developments, recent Executive Orders and federal legislation.' In 2018, Citi said it would ban banking services to businesses that sold firearms to those under 21, those who didn't pass a background check, or sold bump stocks (used by the gunman in the 2017 mass shooting in Las Vegas) or high-capacity magazines. The policy applied to small businesses, commercial and institutional clients, and credit card partners, but did not restrict how individual customers used their cards. Big banks have recently caught the ire of the president as well as the crypto industry. In January at the annual World Economic Forum, President Donald Trump scolded Brian Moynihan, the CEO of Bank of America. 'You've done a fantastic job, but I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank,' Trump said. 'You and Jamie and everybody… What you're doing is wrong,' referring to JPMorgan Chase head Jamie Dimon. Citigroup also announced on Tuesday that it will update its employee Code of Conduct and its external Global Financial Access Policy 'to clearly state that we do not discriminate on the basis of political affiliation in the same way we are clear that we do not discriminate on the basis of other traits such as race and religion.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
