
A Russian missile-and-drones attack kills 2 people in Ukraine's capital
KYIV: Russia launched a missile and a barrage of drones targeting the Ukrainian capital before dawn on Wednesday, leaving at least two people dead, Ukrainian officials said.Eight people were also wounded in the attack, including four children, the Kyiv City military administration said in a post on Telegram.The attack came ahead of a planned unilateral 72-hour ceasefire in the more than three-year war announced by Russian President Vladimir Putin to coincide with celebrations in Moscow marking Victory Day in World War II. Ukraine has unsuccessfully sought a longer and immediate truce.The Kremlin said the truce, ordered on "humanitarian grounds," would start on Thursday and last through Saturday to mark Moscow's defeat of Nazi Germany in 1945.At least one ballistic missile and 28 Russian drones were recorded in the airspace of the Ukrainian capital, Kyiv, the administration said. Air Defense forces shot down the missile and 11 drones.A five-story residential building in the Shevchenkivskyi district was hit by drone debris, sparking a fire in several apartments where the victims were found, he said. Four people, including three children, were hospitalized, while others received treatment on site.In the Sviatoshynskyi district, fire broke out across multiple upper-floor apartments of a nine-story building after drone debris impact, according to the Kyiv City Military Administration. Five people were rescued from the blaze, which spanned 100 square meters.In Dniprovskyi district, the upper floors of a high-rise were partially destroyed by a drone strike, but no injuries were reported. In Solomianskyi, a ballistic missile was intercepted by air defense, with the warhead falling and damaging non-residential infrastructure. One person was injured in that strike.There was no immediate comment from Moscow on the attack.Victory Day celebrates the Soviet Union's defeat of Nazi Germany in 1945 and is Russia's biggest secular holiday. Chinese President Xi Jinping, Brazilian leader Luiz Inacio Lula da Silva and others will gather in the Russian capital on Thursday for the 80th anniversary and watch a parade featuring thousands of troops accompanied by tanks and missiles.Ukraine's Foreign Ministry urged foreign countries not to send military representatives to take part in the parade, as some have in the past. None is officially confirmed for this year's event.
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Mint
29 minutes ago
- Mint
Russia exits nuclear treaty with US: Who's threatened, is a new power standoff emerging? All you need to know
In a dramatic escalation of tensions with the United States, Russia has formally declared it will no longer honour self-imposed limits under the Intermediate-Range Nuclear Forces (INF) Treaty, signalling a renewed push to deploy short- and intermediate-range nuclear missiles. The development, confirmed on Tuesday by the Russian Foreign Ministry, comes amidst rising geopolitical friction — fuelled by sanctions, nuclear posturing, and a heated standoff over global oil trade. Here's a breakdown of what this means, who it affects, and why the world is watching closely. Russia's decision follows a sharp uptick in nuclear rhetoric and military manoeuvring from both sides. In a strongly worded statement, Moscow said it 'no longer considers itself bound' by its 'previously adopted self-restrictions' under the INF Treaty. The Kremlin cited the United States' own actions, particularly the deployment of intermediate-range missiles in Europe and Asia, as justification. The Russian Foreign Ministry also pointed to recent political tensions and military threats from Washington, including the stationing of American nuclear submarines in undisclosed locations. These moves, Moscow claims, undermine the spirit of mutual restraint that once defined the landmark treaty. The primary countries threatened by Russia's recent exit from the Intermediate-Range Nuclear Forces (INF) Treaty with the United States are the NATO member states in Europe, as well as countries in the Asia-Pacific region. Russia's withdrawal and its intention to redeploy such missiles raise the threat level for European countries that lie in missile range, including NATO allies bordering Russia. Additionally, the Asia-Pacific region faces increased risk due to reports of U.S. plans to deploy intermediate-range missiles in places like the Philippines and Germany, which Russia views as hostile moves. Moscow has pointed specifically to these deployments, along with NATO's stance, as justifications for ending its self-imposed moratorium on missile deployment, arguing that such actions threaten Russian national security. Signed in 1987 between the United States and the former Soviet Union, the Intermediate-Range Nuclear Forces Treaty was a cornerstone of Cold War arms control. It eliminated an entire class of nuclear-capable missiles with ranges between 500 and 5,500 kilometres, drastically reducing the risk of a fast-escalating nuclear conflict in Europe. However, the treaty began to unravel when the US withdrew in 2019, citing alleged Russian violations. At the time, Moscow responded by pledging not to deploy such missiles unless the US did so first — a promise it has officially revoked in 2025. Tensions reached a boiling point last week when US President Donald Trump announced sweeping new sanctions on Russia. These included threats to penalise countries, including India and China, that continue to purchase Russian oil. Donald Trump set an August 8 deadline for Russian President Vladimir Putin to agree to a ceasefire in Ukraine, warning of broader consequences if the Kremlin failed to comply. He also revealed that two US nuclear submarines had been repositioned for combat readiness. In response, Russian officials warned of the dangers of escalating nuclear brinkmanship. Kremlin spokesman Dmitry Peskov urged all parties to be 'very, very careful' with nuclear rhetoric. India finds itself in Washington's crosshairs over its continued import of Russian crude oil. The US recently announced a 25 per cent tariff on Indian goods and hinted at further penalties for New Delhi's defence and energy ties with Moscow. New Delhi hit back, calling the measures 'unjustified and unreasonable'. In a strongly worded statement, India's Ministry of External Affairs (MEA) vowed to take 'all necessary measures' to protect the country's economic security and national interest. External Affairs Minister S Jaishankar, addressing a public event, underlined India's support for a 'fair global order' — one not dominated by a few powers. He also noted the hypocrisy of the West, pointing out that the US and EU continue to import certain commodities from Russia, even as they criticise others for doing the same. Since the European Union banned most Russian oil imports in January 2023, trade routes have dramatically shifted eastwards. According to reports by the Associated Press, China, India, and Turkey have emerged as the top buyers of Russian energy exports. China leads the list, having imported approximately $219.5 billion worth of Russian oil, gas, and coal. India follows with $133.4 billion, while Turkey has imported around $90.3 billion. India's imports from Russia rose from less than 1 per cent before the Ukraine war to over 35–40 per cent of total oil purchases today. This shift was partly encouraged by Western powers early in the conflict, as a means to maintain global supply and stabilise prices — a stance now being conveniently reversed. Russia's exit from the INF Treaty and its renewed missile ambitions have rekindled fears of a Cold War-style arms race. The mutual deployment of nuclear-capable assets, tit-for-tat sanctions, and rising distrust between global superpowers suggest that the post-Cold War era of strategic cooperation may be unraveling. Experts warn that without a framework like the INF to manage military escalation, the world faces a higher risk of miscalculation and conflict. The lack of direct communication channels between Washington and Moscow, paired with rising regional tensions in Asia, only adds to the uncertainty. As the 8 August ceasefire deadline approaches, all eyes are on Moscow. Whether President Putin will respond to Trump's ultimatum remains to be seen. Meanwhile, India, China, and other key global players may find themselves caught in the crossfire of a deepening US-Russia confrontation. For now, the collapse of yet another nuclear treaty signals a more dangerous, unstable world — one where deterrence may once again be determined not by diplomacy, but by the presence of missiles on hair-trigger alert.


New Indian Express
29 minutes ago
- New Indian Express
Russia says it will 'no longer' abide by self-imposed moratorium on intermediate-range missiles
MOSCOW: Russia has declared that it no longer considers itself bound by a self-imposed moratorium on the deployment of nuclear-capable intermediate range missiles, a warning that potentially sets the stage for a new arms race as tensions between Moscow and Washington rise again over Ukraine. In a statement Monday, the Russian Foreign Ministry linked the decision to efforts by the US and its allies to develop intermediate range weapons and preparations for their deployment in Europe and other parts of the world. It specifically cited US plans to deploy Typhoon and Dark Eagle missiles in Germany starting next year. The ministry noted that such actions by the US and its allies create 'destabilizing missile potentials" near Russia, creating a "direct threat to the security of our country' and carry 'significant harmful consequences for regional and global stability, including a dangerous escalation of tensions between nuclear powers.' It didn't say what specific moves the Kremlin might take, but President Vladimir Putin has previously announced that Moscow was planning to deploy its new Oreshnik missiles on the territory of its neighbor and ally Belarus later this year. Asked where and when Russia could potentially deploy intermediate-range weapons, Kremlin spokesman Dmitry Peskov said that it's not something to be announced in advance. 'Russia no longer has any limitations, Russia no longer considers itself to be constrained by anything,' Peskov told reporters. 'Therefore Russia believes it has the right to take respective steps if necessary.' 'Decisions on specific parameters of response measures will be made by the leadership of the Russian Federation based on an interdepartmental analysis of the scale of deployment of American and other Western land-based intermediate-range missiles, as well as the development of the overall situation in the area of international security and strategic stability,' the Foreign Ministry said.

The Hindu
29 minutes ago
- The Hindu
Rupee falls 16 paise to close at 87.82 against U.S. dollar
The rupee depreciated 16 paise to close at 87.82 (provisional) against the U.S. dollar on Tuesday (August 5, 2025), as risk-off sentiment deepened after U.S. President Donald Trump renewed his threat to raise tariffs on Indian goods over New Delhi's continued purchases of Russian oil. Forex traders said the rupee is likely to slide further as India-U.S. trade deal uncertainty continues to dent domestic market sentiments. Moreover, weak equity markets dented investors' sentiments further. However, the domestic unit pared initial losses on supposed intervention by the Reserve Bank of India (RBI). A soft U.S. dollar and overnight decline in crude oil prices also cushioned the downside to some extent, they said. At the interbank foreign exchange, the domestic unit opened at 87.95 against the greenback, and during the day, it touched an intra-day high of 87.75 against the American currency. At the end of Tuesday's (August 5, 2025) trading session, the domestic unit was at 87.82 (provisional), down 16 paise over its previous close. On Monday (August 3, 2025), the rupee depreciated 48 paise to close at 87.66 against the U.S. dollar. In a fresh trade threat against India, President Donald Trump on Monday (August 3, 2025) said he will "substantially" raise U.S. tariffs on New Delhi, accusing it of buying massive amounts of Russian oil and selling it for big profits. Last week, the Trump administration slapped a 25% duty on all Indian goods. The U.S. president also announced a penalty for buying "vast majority" of Russian military equipment and crude oil. "We expect the rupee to continue to slide as India-U.S. trade deal uncertainty continues to dent domestic market sentiments. Weak tone in the domestic equities and FII outflows may further pressurise the rupee," Anuj Choudhary, Research Analyst, Commodities Research, Mirae Asset Sharekhan, said. Mr. Choudhary added that "the rupee may also remain weak ahead of the RBI's monetary policy. Market expects a rate cut by the central bank. However, overall weakness in the U.S. dollar amid rising odds of a rate cut by the Fed in September may support the rupee at lower levels". Meanwhile, investors remain cautious ahead of the RBI monetary policy decision this week. RBI Governor Sanjay Malhotra-headed rate-setting panel on Monday (August 3, 2025) started the three-day deliberations to decide the next bi-monthly monetary policy. The six-member Monetary Policy Committee (MPC) is scheduled to announce the next bi-monthly policy rate on Wednesday (August 6, 2025). Meanwhile, Brent crude prices fell 0.97% to $68.09 per barrel in futures trade, after OPEC+ agreed to hike another large output increase in September, adding to oversupply concerns after U.S. data showed lacklustre fuel demand. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18% to 98.68. In the domestic equity market, the 30-share BSE Sensex advanced 308.47 points, or 0.38%, to close at 80,710.25, while the Nifty rose 73.20 points, or 0.30%, to settle at 24,649.55. Foreign institutional investors (FIIs) offloaded equities worth $2,566.51 crore on a net basis on Monday (August 3, 2025), according to exchange data.