|

Ukraine crisis, 46 days in and Russia warns of 'direct military confrontation with US'

Russian Ambassador to the US, Anatoly Antonov, earlier told Newsweek the West is provoking Russia. 

"We warn that such actions are dangerous," the envoy said. "They can lead the US and the Russian Federation onto the path of direct military confrontation."

Meanwhile, the White House national security adviser Jake Sullivan said Sunday that Ukrainian forces are pushing back Russian troops so successfully that the invaders have been forced to regroup, refit and refocus, 

"Russia has changed its behaviour in this war," Sullivan said on CBS News' Face The Nation. "They have retreated. They have pulled back from substantial territory in northern and northeastern Ukraine. Chiefly the reason they made those adjustments is that they were beaten by the Ukrainians."

The invasion of Ukraine is into its 46th day, and there is no sign of de-escalation or prospects of a cease-fire at the negotiation table. Markets are questioning if US policy could change regarding providing weapons for Ukraine and how many more atrocities will it take to move the US from the sidelines?

According to officials, in related news, The Times reports that Russia has made a “massive strategic blunder” as Finland and Sweden look poised to join Nato as early as the summer.

''Washington is banking on the move that will stretch Russia’s military and enlarge the western alliance from 30 to 32 members as a direct consequence of President Putin’s invasion of Ukraine."

US officials said Nato membership for both Nordic countries was “a topic of conversation and multiple sessions” during talks between the alliance’s foreign ministers last week attended by Sweden and Finland. “How can this be anything but a massive strategic blunder for Putin?” one senior American official said.

"Finland’s application is expected in June, with Sweden expected to follow.''

Poland is meanwhile holding its breath and gathering at the borders, ramping up training sessions to protect NATO territory. Poland will take its defence budget up by $6 billion. 

Author

Ross J Burland

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

More from Ross J Burland
Share:

Editor's Picks

AUD/USD bulls regain control above 0.6950 amid USD retreat

AUD/USD regains traction and extends the previous day's bounce from the weekly low, aiming for 0.7000 in Asia on Friday. The overnight pullback in US bond yields keeps the US Dollar below an 18-month high, which in turn offers some support to the pair. Meanwhile, hawkish RBA expectations also keep the major underpinned.

USD/JPY holds gains near 158.00 after Japan's weak Household Spending data

USD/JPY clings to gains around 158.00 after data showed on Friday that Japan's Household Spending fell for the ninth straight month, undermining the Japanese Yen. Meanwhile, the US Dollar remains depressed as the overnight fall in US bond yields counters a hawkish Fed and geopolitical uncertainties, could cap any downside in the pair.

Gold retakes $4,200 amid pre-US CPI repositioning

Gold holds firm, revisiting $4,200 on Friday, extending recovery from two-month lows. US Dollar eases in tandem with Oil prices and Treasury yields, awaiting US sentiment data. The tide seems to be turning in favor of Gold, but the daily RSI is still bearish.


Starknet rally tests key breakout amid proposed Layer-1 transition
Starknet (STRK) is up 16% so far on Friday, advancing its steady recovery of nearly 200% since mid-August. The rally aligns with the rising demand for financial anonymity in the cryptocurrency market and the CEO of StarkWare, Eli Ben-Sasson’s proposed transition of Starknet to Layer-1 to achieve quantum security by 2027.
The inflation illusion: How government formulas shape the data
Every month, the government releases a barrage of economic statistics. Employment, inflation, consumer spending, economic growth, and countless other measurements are presented as objective facts that policymakers, investors, and the public can use to understand the economy. But what happens when the methodology used to produce those numbers changes?
The UK 30-year gilt just hit a 1998 high. Is that good or bad for the British Pound?
The yield on the UK's 30-year government bond, or gilt, went through 6% on October 1 for the first time since early 1998, and on Monday the Pound was at its strongest against the Euro since June 2025. The gilt market's 28-year high is mostly someone else's. Since early May, the 30-year gilt yield has risen about 0.15 of a percentage point and the US 30-year about 0.7.