Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

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
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    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 © 2010-2025 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.

    Home > Finance > Arms control is thing of the past, Russia's top general says
    Finance

    Arms control is thing of the past, Russia's top general says

    Arms control is thing of the past, Russia's top general says

    Published by Global Banking and Finance Review

    Posted on December 18, 2024

    Featured image for article about Finance

    MOSCOW (Reuters) - Russia now views arms control over the vast nuclear arsenals that were built up during the Cold War to be a thing of the past due to the lack of trust between Moscow and the West, Russia's top general said on Wednesday.

    Russia and the United States, by far the biggest nuclear powers, have both expressed regret about the disintegration of the tangle of arms control treaties which sought to slow the arms race and reduce the risk of nuclear war.

    Chief of the General Staff Valery Gerasimov accused the United States of stoking conflicts across the world and sinking key Cold War arms control treaties. He said Russia, in response, would develop ties with China, India, Iran, North Korea and Venezuela.

    "On the whole, the topic of arms control remains in the past, since a return to a minimum level of trust is impossible today due to the double standards of the West," Gerasimov was quoted as saying by the defence ministry.

    "Without trust, it is impossible to create an effective mechanism for mutual control," he said. "Many countries have begun to think about adequate response measures."

    The United States, which casts Russia and China as the biggest nation-state threats to the West, blames Russia for the collapse of agreements such as the 1972 Anti-Ballistic Missile Treaty and the 1987 Intermediate-Range Nuclear Forces (INF) Treaty.

    The United States formally withdrew from the INF Treaty in 2019, citing Russian violations which Moscow denied. The United State withdrew from the ABM treaty in 2002.

    President Vladimir Putin in 2023 suspended Russian participation in the New START treaty that limits both sides' strategic nuclear weapons, blaming U.S. support for Ukraine. However, Moscow has kept to the warhead, missile and bomber limits imposed by the agreement - as has the United States.

    Gerasimov said that the deployment of U.S. missiles in Europe and Asia was stoking "a strategic offensive arms race", with a build-up of U.S. forces in the Philippines of particular concern to Russia.

    He said Russia had seen increased activity by the U.S.-led NATO military alliance near Russia's borders. After Ukraine struck Russian territory last month with long-range missiles supplied by the United States, the U.S. had become a direct participant in the conflict in Ukraine, the general added.

    (Reporting by Reuters; editing by Guy Faulconbridge and Mark Trevelyan)

    Related Posts
    Bangladesh holds state funeral for slain youth leader amid tight security
    Bangladesh holds state funeral for slain youth leader amid tight security
    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea
    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea
    EU Council backs digital euro with both online and offline functionality
    EU Council backs digital euro with both online and offline functionality
    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done
    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done
    Euro zone consumer confidence falls to -14.6 in December
    Euro zone consumer confidence falls to -14.6 in December
    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
    UK author David Walliams dropped by publisher after harassment allegations
    UK author David Walliams dropped by publisher after harassment allegations
    Germany removes dividend ban for Uniper, paving way for IPO
    Germany removes dividend ban for Uniper, paving way for IPO
    Golden Goose gets new majority owner as China's HSG buys stake from Permira
    Golden Goose gets new majority owner as China's HSG buys stake from Permira
    Rubio says not concerned about escalation with Russia over Venezuela
    Rubio says not concerned about escalation with Russia over Venezuela
    ECB's Escriva expects monetary policy to remain steady
    ECB's Escriva expects monetary policy to remain steady
    French government to appeal court ruling on Shein
    French government to appeal court ruling on Shein

    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

    Previous Finance PostAnalysis-Macro a must-have for hedge fund investors betting on 2025 market swings
    Next Finance PostRenault shares gain on Honda-Nissan tie-up talks

    More from Finance

    Explore more articles in the Finance category

    Russian central bank governor Nabiullina speaks after rate cut

    Russian central bank governor Nabiullina speaks after rate cut

    Strategy and bitcoin-buying firms face wider exclusion from stock indexes

    Strategy and bitcoin-buying firms face wider exclusion from stock indexes

    Carnival Corp sees strong annual profit, resumes dividend as bookings rise

    Carnival Corp sees strong annual profit, resumes dividend as bookings rise

    London's FTSE 100 climbs as miners, defence outperform in data-heavy week

    London's FTSE 100 climbs as miners, defence outperform in data-heavy week

    Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros

    Italy sells digital payment unit PagoPA to Poste, state mint for up to 500 million euros

    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit

    German court jails man for drugging, raping wife, posting assaults online

    German court jails man for drugging, raping wife, posting assaults online

    UniCredit issues its first tokenised structured note

    UniCredit issues its first tokenised structured note

    UK competition watchdog to probe AB Foods' Hovis purchase

    UK competition watchdog to probe AB Foods' Hovis purchase

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Analysis-Spanish consumer credit hits near 18-year high on economic boom

    Analysis-Spanish consumer credit hits near 18-year high on economic boom

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    View All Finance Posts