May 29, 2024
3 mins read

Putin says Ukraine should hold presidential election

Speaking of NATO members in Europe, Putin said that small countries there “should be aware of what they are playing with,” as they had small land areas and very dense populations…reports Asian Lite News

Russian President Vladimir Putin warned the West on Tuesday that NATO members in Europe were playing with fire by proposing to let Ukraine use Western weapons to strike deep inside Russia, which he said could trigger a global conflict.

More than two years into the deadliest land war in Europe since World War Two, Putin has increasingly spoken of the risk of a much broader global conflict as the West grapples with what to do about the advance of Russian troops in Ukraine.

NATO Secretary General Jens Stoltenberg told The Economist that alliance members should let Ukraine strike deep into Russia with Western weapons, a view supported by some NATO members but not by the United States.

“Constant escalation can lead to serious consequences,” Putin told reporters in Tashkent. “If these serious consequences occur in Europe, how will the United States behave, bearing in mind our parity in the field of strategic weapons?“

“It’s hard to say — do they want a global conflict?“

Putin said Ukrainian strikes on Russia with long-range weapons would need Western satellite, intelligence and military help — so the West would be directly involved. He said sending French troops to Ukraine would be a step toward a global conflict.

Speaking of NATO members in Europe, Putin said that small countries there “should be aware of what they are playing with,” as they had small land areas and very dense populations.

“This is a factor that they should keep in mind before talking about striking deep into Russian territory,” Putin said.

Russia’s 2022 invasion of Ukraine touched off the worst breakdown in relations with the West for 60 years, and the crisis is escalating into what diplomats say is its most dangerous phase to date.

The invasion has caused the deaths of tens of thousands of Ukrainian civilians, driven millions to flee abroad, and reduced neighborhoods and whole cities to rubble.

Russia, which controls 18 percent of Ukraine, is advancing and has opened a new front in the Kharkiv region, triggering a debate in the West about what else it can do after giving Kyiv hundreds of billions of dollars in aid, weapons and intelligence.

Western leaders and Ukraine have played down Russia’s warnings about the risk of a broader war involving Russia, the world’s biggest nuclear power, and NATO, the world’s most powerful military alliance led by the United States.

Ukraine says it should be able to hit behind Russian lines, including against Russian sovereign territory, to fight back.

But Russian officials say Moscow’s patience is wearing thin after repeated Ukrainian attacks on Russian cities, oil refineries, and, in recent days, even against elements of its nuclear early warning system.

Asked by Russian state television about the legitimacy of Ukrainian President Volodymyr Zelensky, Putin said the only legitimate authority in Ukraine now was parliament, and that its head should be given power.

Zelensky has not faced an election despite the expiry of his term due to martial law which was imposed after the invasion.

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Pakistan Risks Overstretching Itself in Yemen War

Pakistan’s expanding military role in Saudi Arabia amid the Yemen conflict could strain its defence resources and fragile finances…reports Asian Lite News Desk Pakistan’s military involvement in the war in Yemen may prove unsustainable because of mounting financial pressures and competing security demands, according to a new report. Islamabad’s growing military presence in Saudi Arabia risks stretching its defence resources while exposing the country to greater strategic and economic challenges. An article by Andrew Wilson in One World Outlook describes Pakistan’s involvement as a case of “fiscal and strategic overreach”, arguing that the country lacks the financial flexibility to sustain an expanded military commitment. Pakistan’s external finances depend heavily on an International Monetary Fund (IMF) programme, financial support from Gulf countries and remittances from Pakistani workers in the region. The report argues that deeper military involvement in the conflict could place additional pressure on these sources of financial stability. It also warns that deploying troops and military equipment abroad could weaken Pakistan’s capacity to address security challenges along its eastern border and deal with two domestic insurgencies. The move could also draw Islamabad into a conflict it has sought to approach cautiously. A Reuters report in May, citing Pakistani security and government sources, said Islamabad had deployed around 8,000 troops, a squadron of approximately 16 aircraft, mostly JF-17 fighter jets, two drone squadrons and a Chinese HQ-9 air-defence battery to Saudi Arabia. According to those sources, Riyadh was financing the deployment, with Pakistani personnel operating the equipment. The sources also said a confidential agreement contemplated the possibility of deploying up to 80,000 troops. Islamabad has not confirmed those figures, although it has acknowledged its military presence in Saudi Arabia, including the deployment of fighter jets at King Abdulaziz Air Base from April. The One World Outlook article argues that Saudi financial support can cover allowances and operating expenses but cannot easily replace military equipment needed elsewhere or resolve the political and strategic challenges of participating in the Yemen conflict. Pakistan’s defence budget is another concern. For the 2026-27 financial year, the federal government allocated PKR 3 trillion, or approximately $10.8 billion, to defence services. The allocation represents an 18 per cent increase from the original PKR 2.55 trillion provision and amounts to around 2.1 per cent of projected gross domestic product (GDP). Defence spending accounts for approximately 16 per cent of the federal government’s PKR 18.8 trillion expenditure. Military pensions are budgeted separately at PKR 822 billion, while debt servicing costs stand at approximately PKR 8 trillion, more than two-and-a-half times the defence allocation. The report argues that these competing financial obligations leave little room for additional military expenditure without placing further pressure on public finances. Pakistan’s reliance on IMF assistance also limits its fiscal flexibility. The country must meet the conditions attached to the programme, including a primary budget surplus target of 2 per cent of GDP and continued restraint on development spending. According to the article, these requirements make it difficult for Islamabad to finance an additional military commitment without compromising other budgetary priorities. Pakistan’s economic indicators offer limited reassurance. Economic growth for the 2025-26 financial year is estimated at between 3.6 and 3.7 per cent, while inflation reached approximately 10.3 per cent in September following an energy price shock. Foreign exchange reserves stood at around $21.5 billion at the end of September. Although this marks an improvement from the low levels recorded in 2023, the report notes that the reserves cover only a few months of imports. Financial assistance from Gulf partners remains central to Pakistan’s external stability. The article says Islamabad holds approximately $8 billion in Saudi deposits at its central bank. In July, the State Bank of Pakistan said Riyadh had extended the maturity of $5 billion in deposits to December 2028, easing the country’s immediate external financing requirements. A further $3 billion deposit was also extended in the spring. However, the article argues that these arrangements provide temporary relief rather than long-term financial independence, particularly as regional conflict threatens the stability of the Gulf economies on which Pakistan relies. The report concludes that Pakistan faces a difficult balance between supporting Saudi Arabia militarily and preserving the financial and military resources needed to address its domestic and regional challenges.

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