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Russia’s Use of INF-Banned Missiles in Ukraine Sparks Global Alarm

                                                      File photo: The two leaders met in Alaska earlier this year Russia has reportedly deployed the 9M729 ground-launched cruise missile —a weapon once banned under the Intermediate-Range Nuclear Forces (INF) Treaty —against Ukraine, marking its first confirmed use in combat. The missile, capable of carrying either nuclear or conventional warheads, has an estimated range of up to 2,500 kilometers , far exceeding the 500 km limit once imposed by the treaty. Background The INF Treaty , signed in 1987 by U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev, prohibited ground-launched missiles with ranges between 500 and 5,500 kilometers. However, U.S. officials accused Russia of secretly developing the 9M729 in violation of the pact. This dispute ultimately led Presiden...
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Stock Market Today: Wall Street Bounces Back in Premarket Trading Following Monday’s Drubbing


In a remarkable turnaround, Wall Street is showing signs of resilience after Monday’s tumultuous session. As corporate earnings reports continue to roll in, investors are catching a break from their concerns about potential Federal Reserve interest rate cuts. Here’s a snapshot of the market dynamics:

  • Asian Shares React: Asian shares mirrored the slump on Wall Street, with the Shanghai Composite index declining by 1.7% to 3,007.07. Despite this, the Chinese government’s surprising report of a 5.3% annual growth rate in the first quarter of the year failed to buoy investor sentiment.

  • Yields and Pressure: The recent surge in U.S. bond yields has cranked up pressure on stocks. However, premarket trading indicates a bounce-back for Wall Street, offering hope to investors who weathered Monday’s drubbing.

As the market navigates these fluctuations, keep an eye on corporate earnings releases and the Fed’s policy signals. The road ahead remains uncertain, but today’s rebound provides a glimmer of optimism for traders and investors alike. Stay tuned for further developments.


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