Wednesday, 21 September 2022

Putin mobilizes more troops for Ukraine, accuses West of 'nuclear blackmail'

Wednesday, September 21, 2022

by Linda Noakes

Hello

Here's what you need to know.

Flights out of Russia sell out after Putin orders a partial military call-up, the Fed is set for a big rate hike as waters get choppy for the world's central banks, and a judge asks Trump's lawyers if he declassified records

COMING UP
: NATO Secretary General Jens Stoltenberg in conversation with Reuters Editor-in-Chief Alessandra Galloni. Watch here

Today's biggest stories

People gather at a tram stop in front of a board displaying a portrait of a Russian service member in Saint Petersburg, September 21, 2022. A slogan on the board reads: 'Glory to heroes of Russia!'.

RUSSIA-UKRAINE WAR

President Vladimir Putin ordered Russia's first mobilization since World War Two, warning the West that if it continued what he called its "nuclear blackmail" that Moscow would respond with the might of all its vast arsenal.

"If the territorial integrity of our country is threatened, we will use all available means to protect our people - this is not a bluff," Putin said in a televised address to the nation, adding Russia had "lots of weapons to reply".

One-way flights out of Russia were selling out fast after Putin ordered the immediate call-up of 300,000 reservists, and Russia’s opposition called for protests.

Residents of the Ukrainian capital Kyiv dismissed Putin's move as a mark of desperation and expressed confidence in their own armed forces to drive Russian troops from their country.

The European Union's executive body told Putin to stop his "reckless" nuclear gamble, while Britain said the threats must be taken seriously. Here's how the world has reacted.

Alexander Glushko says he spent the last fortnight of the Russian occupation of his hometown of Izium in northeast Ukraine jailed by Russian soldiers in the dank ruins of a police station where he was tortured with electric wires.

Pope Francis said that Ukrainians were being subjected to savageness, monstrosities and torture, calling them a "noble" people being martyred.

Here's what you need to know about the Russia-Ukraine conflict right now.

A pressure gauge is seen at Storengy's natural gas storage site in Saint-Illiers-la-Ville, western France, September 20, 2022

BUSINESS & MARKETS

Germany nationalized gas importer Uniper and Britain capped the wholesale cost of electricity and gas for businesses, in Europe's latest moves to keep the lights on and heaters running this winter.

As Greece gives energy savers bigger power bill subsidies and Italian fruit farmers use hill caves to help cut energy bills, Reuters columnist Gavin Maguire asks if Europe should risk the social fallout and lean towards more nuclear.

Stocks fell, while safe havens such as government bonds and the dollar rose, as already anxious investors fled risk assets. With the U.S. Federal Reserve due to deliver another aggressive rate hike later in the day, in a week packed with major central bank decisions, key market measures of volatility neared multi-week highs.

A quadrillion yen is lying idle with Japanese households, ready to be shipped overseas when yields abroad turn more attractive, and that moment could arrive as soon as this week.

A top European industry group warned that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.

YouTube unveiled a new way for creators to make money on short-form video, as it faces intensifying competition from TikTok. The Google-owned streaming service will introduce advertizing on its video feature Shorts and give video creators 45% of the revenue.

A police motorcycle burns during a protest over the death of Mahsa Amini in Tehran, September 19, 2022

AROUND THE WORLD

Iranian authorities said three people including a member of the security forces had been killed during unrest sweeping the country, as anger at the death of a woman in police custody fueled protests for a fifth day. The death of Mahsa Amini puts the spotlight on Iran's morality police, who are tasked with detaining people who violate the country's conservative dress code.

China is willing to make the utmost effort to strive for a peaceful "reunification" with Taiwan, a Chinese government spokesperson said, following weeks of military maneuvers and war games by Beijing near the island. A U.S. Navy warship and a Canadian frigate made a routine transit through the Taiwan Strait yesterday, the militaries of both nations said.

The U.S. judge named to review documents seized by the FBI last month at Donald Trump's Florida home pressed Trump's lawyers to say whether they plan to assert that the records had been declassified by the former president, as he has claimed.

Skin infections, diarrhoea and malaria are rampant in parts of Pakistan's flood-ravaged regions, killing 324 people, authorities said, adding that the situation may get out of control if required aid doesn't arrive. See startling images of Pakistan's submerged cities after the unprecedented floods.

Former Brazilian President Luiz Inacio Lula da Silva has widened his lead over incumbent Jair Bolsonaro to 10 points ahead of next month's presidential election, a Genial/Quaest poll shows. As Brazil prepares to go to the polls we report on the trans candidates facing threats and intimidation. And as Bolsonaro's gun laws arm Brazil's brazen bank thieves, we reconstruct one of the country's most shocking heists of recent years.

A decade into their experiment in self-rule, Syria's Kurds fear an apparent rapprochement between Damascus and their foe the Turkish government could cost them their hard-won way of life. Any normalization between Ankara and Damascus would reshape the decade-long Syrian war.

REUTERS NEWSMAKER

Join us for a conversation with NATO Secretary General Jens Stoltenberg at 9 a.m. EST.

Quote of the day

"Those who remain silent today - despite themselves or secretly with a certain complicity - are serving the cause of a new imperialism"

Taking swipe at Russia, Macron says fence sitters need to wake up

Video of the day

Drone shots show hurricane-ravaged Puerto Rico

Some 80% of homes and businesses still lack power after Hurricane Fiona hit Puerto Rico on Sunday.

And finally…

Collectors clamor for rare Queen Elizabeth coins and notes

Demand for rare-issue notes and coins - such as a pre-World War II Canadian $20 bill featuring Elizabeth as a child or Australia's Platinum Jubilee 50-cent coin - has surged since the queen died.

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