Was the prototype of the "Oreshnik" really developed in Ukraine? An expert revealed unexpected facts
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Ukraine
Publication date

Was the prototype of the "Oreshnik" really developed in Ukraine? An expert revealed unexpected facts

What is currently known about the Russian “Oreshnik”
Source:  Public

Political scientist and former design engineer at the Yuzhnoye Design Bureau, Oleksandr Kochetkov, commented on rumors that the prototype of the Oreshnik intercontinental ballistic missile was being created in the Ukrainian city of Dnipro.

Points of attention

  • The Yuzhnoye Design Bureau in Dnipro played a key role in the development of missiles, the designs of which were later taken over by Russia.
  • Plans to create a rocket with kinetic weapons at the Institute of Thermal Engineering failed due to lack of funding.

What is currently known about the Russian “Oreshnik”

According to a former design engineer, this rocket was indeed created thanks to the modernization of previous prototypes.

What is important to understand is that the Yuzhnoye Design Bureau was established in Dnipro in the early 1950s, and it was there that the history of Russian weapons creation began.

Alexander Kochetkov draws attention to the fact that the enterprise developed a solid-fuel intercontinental rocket "Universal". However, this project was later taken over by the Moscow Institute of Heat Engineering. After that, "Topol-M" was created on the basis of "Universal".

This is an intercontinental solid-fuel three-stage solid-fuel rocket that was on combat duty and is still partially on duty. At the same Institute of Thermal Engineering, they made some modifications. They reduced this rocket, instead of three stages, it had two and it is now called "Yars". It is also on combat duty. But then they decided to modernize it further, — the expert explained.

What happened next?

According to a former design engineer, later the Institute of Thermal Engineering decided to create a new missile with a range of 3-4 thousand kilometers.

What is important to understand is that it was supposed to be smaller in diameter and carry kinetic weapons, and the warheads, which in "Yars" are divided into four parts, were divided into six.

Moreover, it is stated that the rocket was supposed to release rods instead of explosives. Kochetkov emphasized that the rods accelerate at a tremendous speed, hit the ground, then this kinetic energy is released and an explosion occurs — it's like a meteorite falling to Earth.

That was the idea, but the Institute of Thermal Engineering was not given money in 2017. But with the money that the Institute had, they made 3-4 missiles of varying degrees of readiness, the expert explained.

According to him, the development of these missiles was allocated after the full-scale Russian invasion of Ukraine.

Category
Economics
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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
World
Publication date

Canada is ready to become a world leader instead of the US — Carney

Carney
Source:  The New York Times

The United States has dominated the global economy for decades. Canada is now poised to take on that role.

Points of attention

  • Canadian Prime Minister Mark Carney plans to lead a coalition of like-minded countries to replace the US as the global economic leader.
  • Canada imposed a 25% tariff on cars imported from the US as a response to US tariffs on global imports.
  • The era of US dominance in the global economy is declared over by Prime Minister Carney, signaling a shift in global leadership dynamics.

Canada can become a leader instead of the US — Carney

This was stated by Canadian Prime Minister Mark Carney.

Carney said he would try to assemble a "coalition of like-minded countries" that would seek an alternative to the United States.

If the United States no longer wants to be the leader, Canada will.

Mark Carney

Mark Carney

Prime Minister of Canada

Later, the Canadian Prime Minister added that the period of US dominance in the global economy had come to an end.

The 80-year period in which the United States assumed the role of global economic leader, forging alliances based on trust and mutual respect and championing the free and open exchange of goods and services, is over. While this is a tragedy, it is also a new reality.

​Recall that US President Donald Trump has introduced new tariffs on imports of goods from all countries of the world, which came into effect on April 2, 2025. These tariffs range from 10% to 50%, depending on the importing country.

At the same time, in response to US tariffs, Canada imposed a 25% tariff on cars imported from the US.

Meanwhile, Britain has released a list of 8,000 American goods that could be hit with tariffs in response to US President Donald Trump's policies. Notably, the list includes a variety of products from binoculars to bourbon whiskey.

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