Politics
Russia uses hypersonic missile on Ukraine in a warning to the West – National TenX News
Russia bombarded Ukraine with hundreds of drones and dozens of missiles in a large-scale overnight attack, officials said Friday, killing at least four people in the capital. For only the second time in the nearly 4-year-old war, it used a powerful, new hypersonic missile that struck western Ukraine in a clear warning to Kyiv’s NATO allies.
The intense barrage and the launch of the nuclear-capable Oreshnik missile came days after Ukraine and its allies reported major progress toward agreeing on how to defend the country from further Moscow aggression if a U.S.-led peace deal is struck.
Europe’s leaders condemned the attack as “escalatory and unacceptable,” and the European Union’s top foreign policy envoy said Russian President Vladimir Putin’s reply to diplomacy was “more missiles and destruction.”
The attack also coincides with a new chill in relations between Moscow and Washington after Russia condemned the U.S. seizure of an oil tanker in the North Atlantic. It comes as U.S. President Donald Trump signaled he is on board with a hard-hitting sanctions package meant to economically cripple Moscow, which has given no public signal it is willing to budge from its maximalist demands on Ukraine.
Kyiv apartment buildings without heat
Ukrainian officials said four people were killed and at least 25 wounded in Kyiv as apartment buildings were struck overnight.
Those killed included an emergency medical aid worker, according to Kyiv City Military Administration head Tymur Tkachenko. Four doctors and one police officer were injured while responding to the attacks, authorities said.
About half of snowy Kyiv’s apartment buildings — nearly 6,000 — were left without heat amid daytime temperatures of about minus 8 degrees Celsius (17.6 Fahrenheit), Mayor Vitali Klitschko said. Water supplies also were disrupted.
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Municipal services restored power and heat to public facilities, including hospitals and maternity wards, using portable boiler units, he said.
The attack damaged the Qatari Embassy in Kyiv, according to President Volodymyr Zelenskyy, who noted that Qatar has played a key role in mediating the exchange of prisoners of war.
He called for a “clear response” from the international community, particularly from the U.S., which he said Russia takes seriously.
Moscow says attack was retaliation
Ukraine’s Security Service said it identified debris from the Oreshnik missile in the Lviv region in the country’s west. It was fired from Russia’s Kapustin Yar test range near the Caspian Sea in southwestern Russia and targeted civilian infrastructure, investigators said.
Russia’s Defense Ministry said the attack was a retaliation to what Moscow claimed was a Ukrainian drone strike on one of Putin’s residences last month. Both Trump and Ukraine rejected the Russian claim.
Moscow didn’t say where the Oreshnik hit, but Russian media and military bloggers said it targeted an underground natural gas storage facility in the Lviv region. Western military aid flows to Ukraine from a supply hub in Poland just across the border.
Putin has previously said the Oreshnik streaks to its target at Mach 10, “like a meteorite,” and is immune to any missile defense system. Several of them used in a conventional strike could be as devastating as a nuclear attack, according to Putin, who has warned the West that Russia could use it against allies of Kyiv that allow it to strike inside Russia with longer-range missiles.
Ukrainian intelligence says the missile has six warheads, each carrying six submunitions.
Russia first used the Oreshnik missile on the Ukrainian city of Dnipro in November 2024. Analysts say it gives Russia a new element of psychological warfare, unnerving Ukrainians and intimidating Western countries that aid Ukraine.
Ukraine seeks international support
Ukrainian Foreign Minister Andrii Sybiha said Ukraine would be initiating international action in response to the use of the missile, including an urgent meeting of the U.N. Security Council and a meeting of the Ukraine-NATO Council.
“Such a strike close to EU and NATO border is a grave threat to the security on the European continent and a test for the transatlantic community. We demand strong responses to Russia’s reckless actions,” he said in a post on X.
Pope Leo XIV, speaking at the Vatican, urged the international community to keep pushing for peace and end the suffering in Ukraine.
“Faced with this tragic situation, the Holy See strongly reiterates the pressing need for an immediate ceasefire, and for dialogue motivated by a sincere search for ways leading to peace,” the pontiff told ambassadors to the Vatican from around the world.
The leaders of Britain, France and Germany said they spoke about the attack and deemed it “escalatory and unacceptable.”
EU foreign policy chief, Kaja Kallas, said the Oreshnik launch was “meant as a warning to Europe and to the U.S.”
“Putin doesn’t want peace, Russia’s reply to diplomacy is more missiles and destruction,” Kallas wrote on social media.
Attacks hit Kyiv apartment blocks
Several districts in Kyiv were hit in the overnight attack, according to Tkachenko, the city’s military administration chief. In the Desnyanskyi district, a drone crashed onto the roof of a multistory building and the first two floors of another residential building were damaged.
In the Dnipro district, parts of a drone damaged a multistory building and a fire broke out.
Dmytro Karpenko’s windows were shattered in the attack on Kyiv. When he saw that his neighbor’s house was burning, he rushed to help him.
“What Russia is doing, of course, shows that they do not want peace. But people really want peace, people are suffering, people are dying,” the 45-year old said.
Politics
IMF chief backs Jerome Powell, U.S. Fed independence amid Trump pressure – National TenX News
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve Chair Jerome Powell, who is facing a Trump administration investigation for renovation cost overruns.
Georgieva told Reuters in an interview that there was ample evidence that central bank independence worked in the interest of businesses and households, and that evidence-based, data-based decision-making is good for the economy.
The IMF managing director said she had worked with Powell and respected his professionalism.
“I have worked with Jay Powell. He is a very good professional, very decent man, and I think that his standing among his colleagues tells the story,” she said, when asked about a letter of support signed by her predecessor, Christine Lagarde, now head of the European Central Bank, and other large central banks.
Powell on Sunday disclosed that the Trump administration had opened an investigation into him over cost overruns for a $2.5 billion project to renovate two historical buildings at the Fed’s Washington headquarters complex.
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Powell denies wrongdoing and has called the unprecedented actions a pretext to put pressure on him for not bowing to U.S. President Donald Trump’s long-running demands for sharply lower interest rates.
The probe has sparked widespread criticism from some key members of Trump’s Republican Party in the U.S. Senate, which must confirm his nominee to succeed Powell, along with foreign economic officials, investors and former U.S. government officials from both political parties.
Trump has repeatedly derided Powell’s leadership of the Fed and attacked him, often personally, over what he sees as the Fed chair’s slow moves to cut interest rates. On Wednesday, he dismissed concerns that eroding central bank independence would undermine the value of the U.S. dollar and spark inflation, telling Reuters, “I don’t care.”
Georgieva said the IMF looked carefully at issues such as monetary and financial stability, as well as the strength of a country’s institutions. It was specifically interested in the Fed, given the role of the U.S. dollar as a reserve currency.
“It would be very good to see that there is a recognition … that the Fed is precious for the Americans. It is very important for the rest of the world,” she said.
Trump has also attempted to fire another Fed official, Governor Lisa Cook, who has challenged her termination in a legal case that will be argued before the Supreme Court next week.
B.C. Premier David Eby spoke to reporters on Thursday morning from Mumbai, India, during his six-day trade mission.
He said that mining and energy companies in India are showing an interest in B.C.
“They are looking strongly to LNG as one of their ways of reducing carbon intensity, as well as reducing smog in the country,” Eby said.
“And so B.C. LNG has been an item of considerable interest, especially the projects that are reaching final investment decision over the next year — LNG Canada Phase 2, KSI Lisims LNG — as well as the projects that are under construction like Woodfibre LNG.”
Eby was also asked about the rise in extortion cases in B.C.
He said the province’s extortion task force will provide an update next week.
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“We have assembled a remarkable and historic task force, RCMP, CBSA,” Eby said.
“There are more police in Surrey right now than there have ever been. The RCMP has surged resources into the community.”
Eby said he has not been happy with the fact that there has been no update from the task force and he has asked them to provide one.
“There have been some important developments, people deported, an arrest here in India, cooperation between the Indian government and the Canadian government on this at the law enforcement level,” he added.
“That needs to continue, but, bluntly, we need better results, we need to see more arrests and whatever we can do to support the police to get the job done, we will do so.”
As of Jan. 12, Surrey police said there have been 16 reported extortion incidents in the city since the beginning of the year.
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Amid persistent doubts over the future of the Canada-United States-Mexico trade agreement (CUSMA), Mexico’s Economy Minister Marcelo Ebrard insisted on Thursday that the agreement remains firmly intact and that the three countries will close a deal to extend it.
“We’re already in the treaty review phase, and we have to finish by July 1; that’s our deadline,” Ebrard said during Mexican President Claudia Sheinbaum’s daily morning press conference.
“We have made good progress on all the points that concern each of the parties.”
Ebrard’s comments were his first on the topic since U.S. President Donald Trump again cast doubt on the treaty’s future earlier this week.
“There’s no real advantage to it, it’s irrelevant,” Trump said on Tuesday, as he toured a Ford factory in Dearborn, Michigan.
The trilateral trade agreement, known as USMCA, replaced the North American Free Trade Agreement in 2020 and is a backbone of Mexico’s economy.
The treaty, which was negotiated during Trump’s first term, requires the three countries to hold a joint review this year to extend the pact.
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If extended, the treaty will remain in place another 16 years. If not, it is subject to annual reviews.
Technically, July 1 is a key date in the treaty’s review process, but many analysts expect negotiations to extend late into 2026 and said Trump will likely avoid extending the treaty before the U.S. midterm elections in November.
Trump’s recent threats to pursue military action against cartels have also added a new layer of uncertainty to U.S.-Mexico relations.
“I think Ebrard is betting on a best-case scenario, but the window for a July successful review is closing fast,” said Alexia Bautista, a former Mexican diplomat and lead Mexico analyst at the political risk consultancy firm Horizon Engage.
“Given recent events and statements, the risk is that Trump injects security into the process, turning the trade review into a far more political negotiation.”
Pedro Casas, chief executive of the American Chamber of Commerce of Mexico, said he expects the U.S. will continue imposing tariffs on a wide spectrum of Mexican exports, regardless of the treaty’s future.
The Trump administration has imposed sweeping 50 per cent duties on steel and aluminum exports to the U.S., along with a 25 per cent tariff on cars shipped from Mexico, even when those vehicles comply with the terms of the trade deal.
“I think the most likely scenario is a positive review process where we agree to extend the treaty for another 16 years, but steep tariffs still remain on Mexican exports that undermine the strength of the agreement,” Casas said.
IMF chief backs Jerome Powell, U.S. Fed independence amid Trump pressure – National TenX News
B.C. Premier David Eby says province’s LNG, mining of interest to India TenX News
Mexico confident CUSMA will remain as Trump suggests it could expire – National TenX News
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