Berliner Boersenzeitung - Biden answers missile pleas from Ukraine as clock ticks down

EUR -
AED 3.869613
AFN 71.922253
ALL 98.007682
AMD 410.513317
ANG 1.904506
AOA 960.844526
ARS 1051.657842
AUD 1.629706
AWG 1.891136
AZN 1.78986
BAM 1.953959
BBD 2.13369
BDT 126.281049
BGN 1.957037
BHD 0.396626
BIF 3120.760397
BMD 1.053558
BND 1.416666
BOB 7.302122
BRL 6.107421
BSD 1.056705
BTN 88.78367
BWP 14.446392
BYN 3.458243
BYR 20649.728972
BZD 2.130094
CAD 1.483947
CDF 3018.44312
CHF 0.936055
CLF 0.037431
CLP 1027.502144
CNY 7.619854
CNH 7.626203
COP 4740.03512
CRC 537.793425
CUC 1.053558
CUP 27.919276
CVE 110.161234
CZK 25.269569
DJF 188.172751
DKK 7.458892
DOP 63.670026
DZD 140.317828
EGP 51.991803
ERN 15.803364
ETB 127.970758
FJD 2.397845
FKP 0.831591
GBP 0.834997
GEL 2.881437
GGP 0.831591
GHS 16.881099
GIP 0.831591
GMD 74.802359
GNF 9106.422199
GTQ 8.161312
GYD 220.981846
HKD 8.203553
HNL 26.686862
HRK 7.515299
HTG 138.919145
HUF 407.90432
IDR 16749.774802
ILS 3.950108
IMP 0.831591
INR 89.002175
IQD 1384.296061
IRR 44346.873229
ISK 145.022369
JEP 0.831591
JMD 167.82192
JOD 0.747077
JPY 162.644533
KES 136.851093
KGS 91.131247
KHR 4268.978832
KMF 491.563658
KPW 948.201441
KRW 1470.687417
KWD 0.324011
KYD 0.88067
KZT 525.145339
LAK 23220.127783
LBP 94630.163047
LKR 308.719202
LRD 194.43685
LSL 19.224991
LTL 3.110882
LVL 0.637287
LYD 5.161138
MAD 10.535076
MDL 19.200914
MGA 4915.369964
MKD 61.552021
MMK 3421.91399
MNT 3579.98867
MOP 8.473518
MRU 42.184265
MUR 49.738625
MVR 16.277514
MWK 1832.373994
MXN 21.440687
MYR 4.709931
MZN 67.321197
NAD 19.224991
NGN 1755.037163
NIO 38.883374
NOK 11.686851
NPR 142.054192
NZD 1.795968
OMR 0.405118
PAB 1.056705
PEN 4.011621
PGK 4.248998
PHP 61.877023
PKR 293.400931
PLN 4.322151
PYG 8245.233396
QAR 3.852271
RON 4.976911
RSD 116.886898
RUB 105.330958
RWF 1451.332916
SAR 3.957304
SBD 8.83979
SCR 14.581462
SDG 633.712788
SEK 11.571755
SGD 1.414032
SHP 0.831591
SLE 23.842835
SLL 22092.581096
SOS 603.931127
SRD 37.206907
STD 21806.515209
SVC 9.24629
SYP 2647.094929
SZL 19.217898
THB 36.650077
TJS 11.264789
TMT 3.697987
TND 3.33396
TOP 2.467539
TRY 36.300796
TTD 7.175241
TWD 34.216183
TZS 2810.852316
UAH 43.648785
UGX 3878.346788
USD 1.053558
UYU 45.347285
UZS 13526.25893
VES 48.181414
VND 26749.82748
VUV 125.080475
WST 2.941102
XAF 655.339702
XAG 0.034643
XAU 0.00041
XCD 2.847292
XDR 0.79605
XOF 655.339702
XPF 119.331742
YER 263.257661
ZAR 19.162264
ZMK 9483.276853
ZMW 29.012671
ZWL 339.245118
  • SCS

    -0.0400

    13.23

    -0.3%

  • RBGPF

    61.8400

    61.84

    +100%

  • NGG

    0.3800

    62.75

    +0.61%

  • RYCEF

    0.0400

    6.82

    +0.59%

  • GSK

    -0.6509

    33.35

    -1.95%

  • AZN

    -1.8100

    63.23

    -2.86%

  • BTI

    0.9000

    36.39

    +2.47%

  • CMSC

    0.0200

    24.57

    +0.08%

  • CMSD

    0.0822

    24.44

    +0.34%

  • RIO

    0.5500

    60.98

    +0.9%

  • BCC

    -0.2600

    140.09

    -0.19%

  • BCE

    -0.0200

    26.82

    -0.07%

  • RELX

    -1.5000

    44.45

    -3.37%

  • VOD

    0.0900

    8.77

    +1.03%

  • JRI

    0.0235

    13.1

    +0.18%

  • BP

    -0.0700

    28.98

    -0.24%

Biden answers missile pleas from Ukraine as clock ticks down
Biden answers missile pleas from Ukraine as clock ticks down / Photo: ANDREW CABALLERO-REYNOLDS - AFP

Biden answers missile pleas from Ukraine as clock ticks down

US President Joe Biden's decision to authorize Ukraine to use long-range American missiles against targets inside Russia is a bold shift in position in the final months before he hands over power to Republican Donald Trump.

Text size:

Despite repeated pleas for a greenlight from Ukraine, Biden had long resisted calls for a change from within the US Congress and latterly from allies such as Britain.

But with the clock ticking down before the inauguration of Trump -- who has expressed admiration for Russian leader Vladimir Putin, and vowed to end the fighting in Ukraine in "one day" -- on January 20, Biden has given permission for the powerful Army Tactical Missile System (ATACMS) to target Russian territory.

The New York Times and The Washington Post, which first reported the news, said the 81-year-old Democrat's shift came in response to North Korean troops being deployed to help Moscow's war effort against its neighbor.

Previously, US officials had worried about the danger of escalating the conflict with nuclear-armed Russia, as well as the risk of depleting Washington's own stocks of the valuable munitions.

Ukrainian President Volodymyr Zelensky had pleaded again for restrictions to be lifted on Friday.

"We see every site where Russia is amassing these North Korean soldiers on its territory -- all their camps. We could strike preventively, if we had the ability to strike long enough," Zelensky said in an evening address.

On Sunday, he noted that the reports about Biden's policy change had not been openly confirmed by the White House but said the "missiles will speak for themselves."

Putin has warned that the use of ATACMS inside Russia would mean the NATO alliance being "at war" with his country -- a threat he has made previously when Ukraine's Western backers have escalated their military assistance.

Western intelligence reports suggest that around 10,000 North Korean troops are being deployed in Russia.

- European moves -

The American shift is likely to lead European allies to review their stances on long-range missiles, even though experts say the weapons alone will not decisively tilt current battlefield dynamics.

France and Britain have provided Ukraine with their long-range Storm Shadow and SCALP missiles, but have held back from authorizing their use inside Russia without American approval for ATACMS.

During a meeting with French leader Emmanuel Macron on Monday, Prime Minister Keir Starmer of Britain discussed how to put Ukraine in "the strongest possible position going into the winter," his office said afterward.

Speaking in Argentina on Sunday, Macron said Putin "does not want peace" and that "it's clear that President Putin intends to intensify the fighting."

German Chancellor Olaf Scholz has refused to supply Ukraine with his country's Taurus missiles with a range of over 310 miles (500 kilometers) over fears that they could hit Russian territory.

In the final two months of the Biden administration, US officials have promised to spend the remaining $6 billion of approved Ukraine funding at their disposal.

It is unclear how many ATACMS remain in Ukraine's arsenal.

The missile is made by US defense group Lockheed Martin and has a top range of 190 miles (300 kilometers).

- Negotiation -

Trump has provided no specifics on how he plans to end the conflict in Ukraine, and is expected to pressure Kyiv to give up its claim to some or all of its territory conquered by Russia.

Trump's pick for his National Security Advisor, Mike Waltz, said recently that "pouring more billions in (to Ukraine) is the definition of insanity at this point," adding that the conflict was a "stalemate."

Trump's eldest son, Donald Trump Jr., has even mocked Zelensky online, sharing a clip on Instagram last weekend that said the Ukrainian leader was just weeks away "from losing your allowance."

Writing Sunday about Biden's missile decision, he said "the military industrial complex seems to want to make sure they get World War 3 going before my father has a chance to create peace and save lives."

Russia pounded Ukraine on Sunday with a massive attack that killed 11 civilians across several regions and damaged the country's already fragile energy grid.

(A.Lehmann--BBZ)