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FirstFT: Biden hardens warning to Russia after Kyiv says no attack is ‘minor’

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Volodymyr Zelensky, the Ukrainian president, reprimanded Joe Biden yesterday for suggesting that a “minor invasion” of Russian forces into his country would not have provoked a brutal Allied reaction, forcing the US president to reject his comments the day before.

“We want to remind the great powers that there are no minor invasions and small nations,” Zelenskyj said wrote on Twitter.

Biden tried to refute his comments from the previous day and said that any Russian invasion would provoke extensive sanctions.

“If any assembled Russian troops move across the Ukrainian border, which is an invasion,” Biden said yesterday. “No doubt if [Russian president Vladimir] Putin decides, Russia will pay a high price.

The president’s harsh speech came as Foreign Minister Antony Blinken prepared to meet with his counterpart Sergei Lavrov in Geneva to discuss how to escalate the crisis as Russia sends more troops to its border with Ukraine.

Before meeting Lavrov, Blinken sought to re-establish Western unity and remind Moscow of the serious consequences of any invasion of Ukraine.

“It has been clear to us all along that if any Russian military moves across the Ukrainian border and commits new acts of aggression, it will be punished by a swift, hard and united response from the United States and its allies and partners,” he said. You will shine yesterday after negotiations in Berlin with counterparts from Germany, France and the United Kingdom.

Prior to the meeting, Moscow published its harsh demands on the Foreign Ministry’s website, including the withdrawal of all its forces from Bulgaria, Romania and other former communist states in Eastern Europe, which joined the alliance after 1997.

Top Stories Today is a regularly updated short audio overview of the main headlines of the day, which is created every weekday and read aloud using Microsoft Azure AI. Listen to the latest episode here.

Thank you for reading FirstFT Americas. Here’s the rest of today’s news – Gordon
Another five messages in the news

1. Bitcoin falls to its lowest level since August Bitcoin and other cryptocurrencies collapsed during a wider cross-market sell-off after the technology-intensive Nasdaq Composite came under repair. The price of bitcoin fell as much as 7.4 percent against the dollar to $ 38,261 during trading in Asia on Friday. The raid came a day after Russia’s central bank proposed a ban on cryptocurrency trading and mining. European stocks have also fallen in today’s trading.


Related news: The Federal Reserve has launched the expected passionate and follow-up debate, its first, on the introduction of the central bank’s digital currency, as it seeks to keep pace with financial innovation and maintain dollar dominance.

2. Netflix Shares Plummet Shares of the streaming company fell 20 percent after she said that subscriber growth will fall sharply as consumers emerge from the months of blocking. The peloton was hit by similar fears after it quickly released preliminary results for the second quarter and denied rumors that it had stopped production.

3. The U.S. Senate Committee submits a bill to subdue Big Tech Members of the Senate Judicial Committee supported a bill that would reshape the technology industry. The American Innovation and Choice Online Act is now eligible for Senate-wide voting, although it is not clear when it will be.


Comment After years of techlash and many months of political posing and public hearings, things in Washington are finally coming to a head for Big Tech, says Richard Waters.

4. JPMorgan pays boss Jamie Dimon $ 34.5 million after record profits JPMorgan Chase paid $ 34.5 million to longtime CEO Jamie Dimon in 2021, his largest payroll package since 2008, after the largest U.S. bank reported record profits and sales by asset.

5. Horta-Osório participated in the euro finals during the London violation of Covid António Horta-Osório attended the finals of the European Football Championship in July on the same day he broke Covid-19 rules to watch the men’s tennis finals at Wimbledon, according to people who know his movement.
Coronavir overview


Japanese Inflation rose 0.5 percent last month from a year earlier as rising energy costs added to household accounts.


Australia issued an urgent call for foreign backpackers after a crippling labor shortage forced the closure of stores and squeezed out supplies of fresh fruit and meat.


Hong Kong authorities have promised to take action against animal lovers who try to prevent hamster owners from handing over their pets for euthanasia. The response to the elimination of the hamsters shows that disagreement is still raging in Hong Kong, says Primrose Riordan.


Legislators in Austria became the first in Europe to introduce compulsory vaccination against Covid-19 for all adults.


and Biden’s administration The commitment to launch free distribution of 400 million high-quality N95 masks has sparked a mixed response from healthcare providers, unions and local manufacturers.


FT readers they shared their experiences with antivaxxers close to them.
Days ahead

Schlumberger’s earnings The world’s largest oil field services company is expected to deliver strong fourth-quarter results due to higher oil prices and a recovery in production, as we reported yesterday.

WHO Covid update The World Health Organization will hold a virtual press conference with up-to-date information on Covid-19. The WHO said last week that countries were “far away” from treating coronavirus as endemic.

Davos wrapped up Highlights of the last day of the World Economic Forum include special speeches by Australian Prime Minister Scott Morrison and US Treasury Secretary Janet Yellen.
What else do we read and watch

Why America needs to continue trucking The shocking inflation data for the month from the Bureau of Labor Statistics buried an annual inflation rate of 17 percent for all freight transport and 25 percent for long-distance transport operators, writes Gillian Tett. According to her, freight transport has become a strong sign of how difficult it will be for the Federal Reserve System and the Biden administration to stop inflation only through monetary policy.

The Activision scandal turned the gaming group into a major target Bobby Kotick’s pioneering career crystallized this week with his $ 75 billion sale of Activision to Microsoft. Over the last three decades, he has built a company with significant support in the field of games for mobile phones, consoles and computers. But allegations of a toxic culture in the workplace have led to falling stock prices and given Microsoft an opportunity to plunge.

The Kazakhstan crisis calls into question Beijing’s reluctance to intervene abroad Beijing’s cautious approach to interventions in other countries – a major pillar of its foreign policy – is increasingly in conflict with the need to protect its growing global interests as it begins to experiment with security commitments abroad.

Obstacles after Brexit One year after the end of the Brexit transition period, EU citizens in the United Kingdom, British citizens in the EU and those with families in the English Channel are adapting to their new status and loss of freedoms. Liz Rowlinson examines some of the obstacles that expats have faced in one of the most difficult and confusing years for cross-border migration.
Film

Kenneth Branagh’s bittersweet black and white Belfast and Guillermo del Toros Nightmare alleyas well as Denzel Washington’s Diary of Jordan, are among the news this week in theaters.

Chanté Adams and Michael B Jordan play the real couple Dana Canedy and Charles Monroe King in Denzel Washington’s Journal for Jordan © David Lee





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