Biden: Attack On Ukraine Could Be ‘Largest Invasion’ Since WWII

Hamilton Nwosa
Writer

Ad

BREAKING! Alleged $7.2bn Fraud: EFCC Quizzes Ex-NNPCL Boss, Mele Kyari

By Abiola Olawale The immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has reportedly been grilled on Wednesday by the Economic and Financial Crimes Commission (EFCC) over allegations of multi-billion-dollar fraud. Reports emerging on Wednesday revealed that Kyari voluntarily appeared before the EFCC to answer questions…

NNPC Boss, Kyari Supports Subsidy Removal Say FG Owes His Company N2.8tn

Akpabio vs. Natasha: Ezekwesili accuses Senate is leading a misadventure to destroy Democracy, rule of law in Nigeria

By Abiola Olawale In a scathing open letter released on Wednesday, a former Nigerian Minister of Education and renowned public policy advocate, Dr. Obiageli Ezekwesili, has accused the Nigerian Senate, led by President of the Senate, Senator Godswill Akpabio, of alleged constitutional violations. Ezekwesili claimed that the Senate allegedly assaulted democratic principles by refusing to…

Arise IIP raises $700m in Africa infrastructure deal, welcomes Saudi Vision Invest as shareholder

By Obinna Uballa Arise Integrated Industrial Platforms (Arise IIP), a pan-African developer and operator of industrial zones, has secured $700 million in fresh capital, marking one of the largest private infrastructure transactions in Africa. The deal, announced Wednesday in Dubai, sees Saudi Arabia’s Vision Invest join as a new shareholder alongside founding investors such as…

Ad

A Russian incursion into Ukraine could become the “largest invasion” since World War II given the massive troop presence near the border, according to US President Joe Biden.

Such an event would “change the world,” he told reporters on Tuesday.

Biden warned that Russian President Vladimir Putin “continues to build forces along Ukraine’s border from Belarus.”

Asked if he could see himself sanctioning Putin in the case of an invasion, Biden replied, “Yes, I would see that.”

The US president stressed that “there’s not going to be any American forces moving to Ukraine.”

Earlier on Tuesday, a senior US government official said Washington and its allies were preparing for a possible reduction in Russian gas supplies to Europe in case of an escalation in Ukraine.

“We are working with countries and companies around the world to ensure the security of supply and to mitigate price shocks affecting both the American people and the global economy,” the official said.

“We are just in discussions with major natural gas producers around the globe, to understand their capacity and willingness to temporarily surge natural gas output, and to allocate these volumes to European buyers.”

The government official pointed out that gas has been stored in storage facilities in Europe for several weeks. Efforts were aimed at providing a replacement within days or weeks, not months, in the event of a reduction or loss of Russian supplies.

The US has repeatedly suspected Russia is trying to use energy as a weapon. The Kremlin, on the other hand, has rejected fears that Russia could turn off the gas tap in the event of sanctions.

Another US government official pointed to the severe consequences for the Russian economy should Moscow instrumentalize gas or oil supplies.

Russia needs oil and gas revenues at least as much as Europe needs its energy supply, he said. “So this is not an asymmetric advantage for [Russian President Vladimir] Putin. It’s an interdependency.”

He stressed that in case Russia invades Ukraine, the US was prepared to impose sanctions that go far beyond the punitive measures of 2014, when Russia had annexed the Black Sea peninsula of Crimea.

“This time, we will start at the top of the escalation ladder and stay there. We’ve made efforts to signal this intention very clearly,” the government official said.

In addition to financial sanctions, Russia would face new kinds of export control measures that would affect important Russian economic key sectors such as defence or aerospace.

Ukraine and its Western allies say Russia’s build-up of 100,000 troops plus heavy equipment along the eastern Ukraine border could be the prelude to an invasion and are demanding Moscow pull back.

The US and Britain on Monday started withdrawing some staff from their embassies in Kiev, in response to the threat of a Russian invasion, while Australia has warned citizens not to travel there due to “risk of armed conflict.”

Canada is also reducing the number of Canadian nationals in Ukraine in light of the tense situation.

“Due to the ongoing Russian military buildup and destabilizing activities in and around Ukraine, we have decided to temporarily withdraw Canadian embassy staff’s children under 18 years of age and family members accompanying them,” the Canadian Foreign Ministry said in a statement on Tuesday.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp