Biden administration

Global stocks rise on improved Chinese services data

Global stock markets and Wall Street futures advanced yesterday after the downturn in China's service industries eased and news reports said the Biden administration might lift U.S. tariffs on some Chinese imports.

London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices gained to stay close to $120 per barrel.

The United States prepares for a new move - the most powerful weapon so far

The U.S. administration intends to do that by sending advanced, long-range missile systems, which are now the main request of Ukrainian officials, several unnamed officials said.
The administration is considering sending the system as part of a larger package of military and security aid to Ukraine, which could be revealed next week, CNN reported.

Key lawmakers signal allowing Turkey’s purchase of F-16s: US media

If Turkey "plays its cards right," it can convince the U.S. Congress to allow a roughly $6 billion purchase of 40 Block 70 F-16 fighter jets and approximately 80 modernization kits from Lockheed Martin to upgrade its existing fleet, the Defense News reported referring to comments by Congress members.

The US gave Ukraine the Coordinates of the now Destroyed Russian Cruiser “Moskva”

The United States has exchanged intelligence with Ukraine on the location of the Russian missile cruiser "Moskva" (Moscow) before the strike that sank the warship, the Associated Press reported.

A US official said yesterday that Ukraine itself had decided to shoot and sink the flagship of the Russian Black Sea Fleet using its own anti-ship missiles.

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