Bloomberg: US urges G7 to consider sanctioning Russian palladium and titanium  

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Bloomberg reported on 23, citing a source who refused be named, that the United States had urged its G7 partners to consider sanctions against Russian palladium or titanium.
Officials from the administration of U.S. president Joe Biden raised the possibility that these sanctions could be imposed during a G7 meeting of deputy finance ministers on October 22 in Washington D.C.
According to the source, the U.S. proposed to initiate discussions to further weaken Russia’s economy.
Palladium is necessary for the production of computer chips and automobile catalysts, whereas titanium is crucial for the manufacture of airplanes and medical implant.
The European Union’s dependence on these metals is a major challenge. Germany, France, Italy, and the other G7 members would need to have the support of all 24 members of the European Union in order to impose sanctions.
Washington has already blacklisted Russian Titanium, but these metals play a vital role in global supply chains and Western governments are concerned about possible market disruptions.
The West has struggled for a long time to determine how to sanction Russian metals. Palladium prices rose by 12% in December amid speculation about future sanctions following London’s restrictions on certain Russian Metals.
In the beginning of this year, both the U.S.A. and U.K.imposed sanctions against Russian aluminum, nickel, and copper.
The bill to end daylight saving time was passed by the Ukrainian Parliament on July 16. The Ukrainians will set their clocks one hour back for the last time in October 2024. They will not return to summer time in the spring of 2025.
The French media La Lettre reported that Auchan, a French chain still operating in Russia is in final talks to sell its Russian subsidiary.
South Korean law prohibits exporting weapons to active conflict areas, but Seoul has hinted repeatedly that this could be changed in light of the deepening military co-operation between Russia and North Korea.
An RSF source told Reuters that the aircraft was an Il-74 transport jet used to deliver weapons, ammunition, and supplies to the city Fashir, Sudan, where the Sudanese Army is trying to repel RSF attacks.
Eight and three males were injured. Oleh Simiehubov, the of the region, said that a 73-year old woman died from severe injuries.
The General Staff announced on October 24 that Ukrainian military, lawmakers and experts discussed creating a separate branch within Ukraine’s Armed Forces to be dedicated to cyberspace activities.
Lin Jian, a spokesperson for the Beijing Foreign Ministry, made the statement in spite of the fact that the U.S.A., Seoul and Kyiv have all confirmed their presence over the past few days.
Michael R. Turner is a long-serving Republican Party member and his comments are by far the strongest from any U.S. politician.
The Air Force reported that Ukrainian forces shot down 40 of 50 and unidentified drones that Russia launched overnight. The Air Force reported that seven more drones had been “lost” and two others were flying toward Russia and .
During the full-scale invasion there were many reports of Russian soldiers executing Ukrainian POWs, but the number of such incidents has increased dramatically in the last year.
Alexander Lukashenko, the Belarusian dictator, said in an interview to BBC that he knew Putin’s character and that he would never try to convince another country to send its army to… Ukraine.
Politico reported that anonymous officials said that Belgium, Slovenia, Spain, and other countries are hesitant to invite Ukraine to join NATO.
John Kirby, the spokesperson for the U.S. National Security Council, also revealed details about U.S. intelligence assessment. Washington believes that North Korea “moved a minimum of 3000 soldiers into Eastern Russia.”
This includes 1,240 casualties that Russian forces have suffered in the last day.
On Oct. 21, the Basmanny district of Moscow sentenced Ukrainian filmmaker Alexander Rodnyansky to 8 and half years in absence for “spreading false information” about Russian Army.
German magazine Wirtschaftswoche reported that German Finance Minister Christian Lindner proposed reevaluating legal status for Ukrainian refugees.
“Kremniy EL”, one of the largest microelectronics factories in Russia, produces components that are widely used in Russian defence production. These include Pantsir air- systems and Iskander rocket systems.
, Deputy Foreign Ministry, wrote to cabinet ministers in a letter dated Oct. 23, warning that the European Union had informed Ukraine that the next tranche (4 billion euros) of the EU’s Ukraine Facility could be delayed until the following year if the expected aspects of the corruption reforms were not completed by the end this month.
Ukrainska Pravda, citing the Ukrainian Defense Ministry, reported on October 23 that Roman Hladkyi was dismissed just months after he was appointed to his controversial position in August 2024.
Belarus’ Central Electoral Commission, which announced the date on October 23, has set its next presidential elections for 26, 2025. The incumbent Belarusian dictator Alexander Lukashenko, who is currently in power, is widely expected to remain in power following the results of the election.
Daleep Singh is the White House’s deputy national security advisor for international economics. He said that Joe Biden intends to divide the funds between the Ukrainian economy and military.

 

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