INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Russia warns of conflict with US over arms deliveries to Ukraine

Ukrainian soldiers shoot with assault rifles in a trench on the front line with Russian troops in Lugansk region on April 11, 2022. (Photo by Anatolii STEPANOV / AFP)
  • Both Ukraine and Russia already operate multiple-launch rockets systems, but the Himars has superior range and precision
  • According to Ryabkov, the US is determined to "wage war (on Moscow) to the last Ukrainian in order to inflict, as they say, a strategic defeat on Russia"

The planned delivery of new US weapons to Ukraine, including advanced missile systems, increases the risk of drawing the United States into direct conflict with Russia, Moscow said Wednesday.

“Any arms supplies that continue, are on the rise, increase the risks of such a development,” Russian Deputy Foreign Minister Sergei Ryabkov told the RIA Novosti news agency, in answer to a question about the possibility of a confrontation between Moscow and Washington.

On Tuesday, Washington said it will be supplying Ukraine with advanced missile systems, including the Himars multiple-launch rocket system that can simultaneously launch multiple precision-guided missiles.

Both Ukraine and Russia already operate multiple-launch rockets systems, but the Himars has superior range and precision.

The Himars system that Washington is providing to Ukraine will have a range of about 80 kilometres (50 miles).

According to Ryabkov, the US is determined to “wage war (on Moscow) to the last Ukrainian in order to inflict, as they say, a strategic defeat on Russia”.

“This is unprecedented, this is dangerous,” Ryabkov said.