General Staff Latest: there have been 96 combat clashes between the AFU and the Russian Army
Category
Ukraine
Publication date

General Staff Latest: there have been 96 combat clashes between the AFU and the Russian Army

General Staff of the Armed Forces of Ukraine
AFU

Russian invaders continue to storm the positions of Ukrainian defenders on August 24. A total of 96 combat clashes took place since the beginning of the day.

Points of attention

  • The General Staff reports a total of 96 combat clashes between the AFU and the Russian Army on different front lines.
  • The Russian invaders are aggressively storming the positions of Ukrainian defenders, resulting in ongoing battles across multiple directions of the front.
  • Detailed operational information as of August 24, 2024, reveals the damage caused by enemy artillery and mortar fire in various Ukrainian settlements.
  • The total combat losses of the Russian army from February 24, 2022, to August 24, 2024, include significant personnel casualties, armored vehicles, weapons, aircraft, and more.
  • Various directions of the front, including Kharkiv, Kupyansk, Lyman, Siverskyi, Kramatorsk, Toretsk, Pokrovsky, Kurakhiv, Vremivsk, Orihiv, and Dnieper, are witnessing intense clashes and attacks.

Current situation in different directions of the front

Operational information as of 4:00 p.m. on August 24, 2024 regarding the Russian invasion was provided by the General Staff of the Armed Forces,

On August 24, the areas of the settlements of Porozok, Shalygine, Glukhiv, Slavhorod, Mezenivka, Velyka Pisarivka, Dmytrivka, Iskriskivshchyna, Boyaro-Lezhachi, Bachivsk, Vilna Sloboda, Streletska Pushkarka, Ponomarenky, Seredyna-Buda, Bleshnya, Mykhailivske were damaged by enemy artillery and mortar fire. , Karpovychi, Obody, Novovasylivka, Stepne, Oleksandrivka.

In addition, the Russians carried out airstrikes with anti-aircraft missiles, in particular, on Yunakivka, Bilovody, Druzhba, Richka, Velika Pisarivka, Kindrativka, Pervomaisky, Bilopill, Katerynivka, Pozhna, Mykytivka, Khodyno, Bunyakyn, Slavgorod, Uhroidy, Porozk, Pushkary, Progresu, Grem' I'm sorry, Karpovych.

  • In the Kharkiv direction, three skirmishes took place near Hlyboky and Vovchansk, where two battles are currently ongoing.

  • In the Kupyansk direction, the enemy carried out six offensive operations in the direction of Novoselivka, Stelmakhivka, and Synkivka. At this time, two attacks continue.

The Russians also launched NARs in the Petropavlivka district.

  • Six combat clashes took place in the Lyman direction . The enemy stormed the positions of our defenders near Druzhelyubivka, Makiivka, and Novosadovo. Five battles have been completed, one is still ongoing.

  • On the Siverskyi direction, Ukrainian defenders stopped two enemy assaults near Spirny and Vyimka. Now the Defense Forces are repelling an attack near Verkhnokamyanskyi.

  • In the Kramatorsk direction, the invading army advanced towards Stupochky, Chasovoy Yar and Kalynyvka. A total of 12 clashes took place, three of which are still ongoing.

  • In the Toretsk direction, there were nine skirmishes near Diliivka, Toretsk, Nelipivka and New York. There is one battle going on now.

In addition, the invaders carried out three airstrikes on Diliivka and Druzhba.

  • In the Pokrovsky direction, the Russians carried out 39 assaults in the areas of Vozdvizhenka, Zelene Pole, Myrolyubivka, Grodivka, Kalinove, Novogrodivka and Ptyche settlements. Defense forces of Ukraine restrained the onslaught of Russian troops and repelled 31 attacks, eight battles are still ongoing. Enemy losses in this direction are being clarified.

The enemy also carried out two airstrikes, dropping the KAB on Memryk and launching NARs in the direction of Alexandropol.

  • In the Kurakhiv direction, the invaders attacked 12 times near Krasnohorivka, Karlivka, Georgiivka, and Kostyantynivka. Nine clashes have been completed, three are ongoing.

  • In the Vremivsk direction, the enemy stormed our positions near Ugledar, Vodyanyi and Katerynivka three times to no avail.

  • In the Orihiv direction, there were three skirmishes near Novoandriivka and Shcherbaki, where one battle is still ongoing. In addition, the Russians launched 32 NARs in Lobkovo, Pyatikhatki and Novoandriivka.

  • In the Dnieper direction , the occupiers, involving aviation, carried out airstrikes with anti-aircraft missiles on the districts of Novotyaginka, Burgunka, Tomariny and Zmiivka.

Losses of the Russian army as of August 24, 2024

The total combat losses of the enemy from 02.24.22 to 08.24.24 approximately amounted to:

  • personnel — about 606,490 (+1,160) people,

  • tanks — 8542 (+9) units,

  • armored combat vehicles — 16,620 (+21) units,

  • artillery systems — 17349 (+42) units,

  • RSZV — 1169 (+2) units,

  • air defense equipment — 935 (+3) units,

  • aircraft — 367 (+0) units,

  • helicopters — 328 (+0) units,

  • UAVs of the operational-tactical level — 14,064 (+39) units,

  • cruise missiles — 2444 (+2) units,

  • ships/boats — 28 (+0) units,

  • submarines — 1 (+0) units,

  • automotive equipment and tank trucks — 23,383 (+54) units,

  • special equipment — 2911 (+1) 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.

Category
Economics
Publication date

Tariff war. China imposes additional tariffs on US goods

China
Source:  Reuters

From April 10, China will impose additional tariffs of 34% on all American goods.

Points of attention

  • China has announced additional tariffs of 34% on all American goods in response to tariffs imposed by US President Donald Trump.
  • Beijing also revealed export controls on medium and heavy rare earth elements to the US, including samarium, gadolinium, terbium, and others.
  • The purpose of China's actions is to protect national security, interests, and fulfill international obligations, particularly in the area of non-proliferation.

China imposes additional tariffs on US goods

This was announced by the Chinese Ministry of Finance on April 4.

It is noted that this step is a response to the large-scale tariffs introduced by US President Donald Trump.

In addition, Beijing also announced the introduction of export controls on medium and heavy rare earth elements to the United States, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium. These restrictions will take effect on April 4.

The purpose of the Chinese government's implementation of export controls on relevant goods in accordance with the law is to better protect national security and interests, as well as fulfill international obligations such as non-proliferation.

The Ministry of Commerce also added 11 organizations to a list of "unreliable entities," which allows China to take punitive measures against them.

The agency called on the States to repeal the tariffs and to resolve the issue through "fair and equitable" dialogue.

As a reminder, on April 2, US President Donald Trump announced the introduction of tariffs of at least 10% on almost all goods imported into the US. The tariffs will take effect on April 9.

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