Defense forces of Ukraine destroyed the Buk-M3 air defense system of the Russian army
Category
Ukraine
Publication date

Defense forces of Ukraine destroyed the Buk-M3 air defense system of the Russian army

General Staff of the Armed Forces of Ukraine
Defense forces of Ukraine destroyed the Buk-M3 air defense system of the Russian army

The Ukrainian military destroyed the Buk-M3 air defense system of the Russian occupiers. Its value is up to 50 million dollars.

Points of attention

  • The Ukrainian military successfully destroyed the Buk-M3 air defense system of the Russian occupiers, an expensive task worth up to 50 million dollars.
  • The Buk-M3 air defense system is designed to combat maneuvering targets and has a number of important functions in air defense.
  • During the day, Ukrainian forces destroyed a significant amount of Russian equipment, including tanks, artillery, aircraft, and more.
  • In total, 1,710 Russian servicemen and a large amount of equipment of the occupiers were destroyed in one day.

The Armed Forces of the Russian Federation continue to destroy the valuable equipment of the occupiers of the Russian Federation

As the General Staff notes, on the night of October 21, units of the Unmanned Systems Forces of the Armed Forces of Ukraine, in cooperation with other components of the Defense Forces, as part of the tasks to detect and destroy the enemy's anti-aircraft defenses, hit the Buk-M3 anti-aircraft missile system.

The complex was located about 60 kilometers from the battle line. Depending on the modification, its cost can be from 40 to 50 million dollars.

"Buk-M3" is a medium-range air defense complex of ground forces. It is designed to combat maneuvering aerodynamic targets, fire at radio-contrast ground targets and destroy surface targets in conditions of intensive fire and electronic countermeasures.

What is known about the losses of the Russian army per day

According to the General Staff, the Defense Forces destroyed 1,710 Russian invaders during the day, and the following were destroyed from the equipment:

  • tanks — 9,071 (+24) units;

  • armored fighting vehicles — 18,175 (+64) units;

  • artillery systems — 19,589 (+24) units;

  • RSZV — 1232 units;

  • air defense equipment — 979 (+1) units;

  • aircraft — 369 units;

  • helicopters — 329 units;

  • UAVs of the operational-tactical level — 17,333 (+46) units;

  • cruise missiles — 2,624 units;

  • ships/boats — 28 units;

  • submarines — 1 unit;

  • automotive equipment and tank trucks — 27,034 (+47) units;

  • special equipment — 3479 (+3) units.

Category
Economics
Publication date

JP Morgan assessed the risk of global recession due to Trump's tariffs

What JP Morgan warns about
Source:  Reuters

The team at investment bank JP Morgan has raised its estimate of the probability of a global recession from 40% to 60% in 2025 amid the announcement of trade tariffs imposed by US leader Donald Trump.

Points of attention

  • The team at JP Morgan has raised the estimate of a global recession probability from 40% to 60% in 2025 due to the trade tariffs imposed by President Donald Trump.
  • JP Morgan's strategists highlight the negative impact of tax hikes, deteriorating business sentiment, and supply chain disruptions on the economy.
  • Barclays and Deutsche Bank teams have also issued warnings about the American economy potentially sliding into recession if Trump's tariffs are not removed.
  • JP Morgan's analytical note emphasizes that disruptive policies of the Trump administration pose the biggest risk to the global outlook, with the White House becoming less business-friendly.
  • The impact of tax increases is expected to be amplified by countermeasures, deteriorating business sentiment in the US, and supply chain disruptions.

What JP Morgan warns about

Representatives of the bank published an analytical note prepared by a team of strategists led by Bruce Kasman.

It says that the disruptive policies of the Donald Trump administration are recognized as the biggest risk to the global outlook throughout the year.

In addition, it is noted that the White House's approach has become less business-friendly than previously predicted.

The impact of this tax increase is likely to be amplified by countermeasures, deteriorating business sentiment in the US, and supply chain disruptions, Bruce Kasman emphasized.

What is important to understand is that identical warnings were also issued by Barclays and Deutsche Bank teams.

According to them, the American economy could quickly slide into recession if Trump's tariffs remain in place.

Recall that official Beijing has been imposing 34 percent tariffs on all imports from the United States since April 10.

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