• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2024 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Wanda Rich

    Posted on May 12, 2022

    Featured image for article about Top Stories

    LONDON (Reuters) – One of President Vladimir Putin’s closest allies warned the West on Thursday that the increasing military support given to Ukraine by the United States and its allies risked triggering a conflict between Russia and the NATO military alliance.

    Former president Dmitry Medvedev, now deputy chairman of Russia’s security council, said such a conflict with NATO always carried the risk of turning into a full blown nuclear war.

    Russia’s Feb. 24 invasion of Ukraine has killed thousands of people, laid waste to swathes of its former Soviet neighbour and raised fears of the gravest confrontation between Russia and the United States since the 1962 Cuban Missile Crisis.

    “NATO countries pumping weapons into Ukraine, training troops to use Western equipment, sending in mercenaries and the exercises of Alliance countries near our borders increase the likelihood of a direct and open conflict between NATO and Russia,” Medvedev said in a Telegram post.

    “Such a conflict always has the risk of turning into a full-fledged nuclear war,” Medvedev said. “This will be a disastrous scenario for everyone.”

    Russia and the United States are by far the world’s biggest nuclear powers: Russia has some 6,257 nuclear warheads while NATO’s three nuclear powers – the United States, United Kingdom and France – have about 6,065 warheads combined, according to the Washington-based Arms Control Association.

    Putin says the “special military operation” in Ukraine is necessary because the United States was using Ukraine to threaten Russia and Moscow had to defend against the persecution of Russian-speaking people.

    Putin, who says Ukraine and Russia are essentially one people, casts the war as an inevitable confrontation with the United States, which he accuses of threatening Russia by meddling in its backyard through NATO eastward enlargement.

    Ukraine says it is fighting an imperial-style land grab and that Putin’s claims of genocide are nonsense. Kyiv says Putin’s invasion has only strengthened the Ukrainian people’s wish to turn westwards out of Russia’s orbit.

    (Reporting by Guy Faulconbridge; Editing by Mark Heinrich)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe