May 18, 2022

Hardwood Paroxysm

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United States: “Aircraft from Poland is an unfeasible show.” Fitch: “An imminent risk of default for Russia”

Only on the day when humanitarian corridors will resume, on the night that has just passed, the new anti-aircraft sirens have once again thrown the people of Kyiv into a panic. Tensions remain high in Ukraine, with President Volodymyr Zelensky also declaring yesterday that he is ready to negotiate the disputed territories, but not to surrender.

However, it is also the case of the MiG-29s that Poland would like to offer to the United States and then transfer to Ukraine. Initiative said the Pentagon overnight is not “feasible.” Spokesman John Kirby said the possibility of planes leaving a US base in Germany “to fly into the contested airspace between Russia and Ukraine raises serious concerns for the entire NATO.” “We will continue to consult with Poland and our other allies on this issue and the logistical difficulties it poses, but – he concluded – we do not believe that the Polish proposal is viable.”

Meanwhile, Fitch lowered the Russian Federation’s rating from “B1” to “C1” due to the punitive effects of the invasion of Ukraine, stressing in a note the risks of “imminent default” of the debt.

Meanwhile, the advance of the Russian army continued. The National Guard announced that it had taken full control of the Zaporizhzhya nuclear power plant, which it had already occupied a few days earlier. According to reports from Russian sources, 240 people responsible for the safety of the plant laid down their weapons. The news that would find confirmation also came from the Minister of Energy of Ukraine, Herman Halushenko, who denounced the incidents of torture of members of the Russian Armed Forces. “According to the information we have – he wrote on Facebook – the occupiers forced the administration to record a message to be used for propaganda purposes. The employees are physically and psychologically exhausted.”

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On the diplomatic level, the US attempt to engage the de facto leaders of Saudi Arabia and the UAE to build an international coalition to support Kyiv and curb oil prices appears to be on the rise. According to the Wall Street Journal, Saudi Prince Mohammed bin Salman and Emirati Sheikh Mohammed bin Zayed Al Nahyan have refused to speak with Biden in recent weeks, disappointed by weak US support in the Yemen war and their concerns about the Iran nuclear deal.