US Business

The United States is pressing allies to hastily build for Ukraine a patchwork air defense network using NATO-compatible equipment — some ultra-modern, others older — to protect strategic targets from Russian strikes.

The effort was given added urgency after Moscow pummeled Ukraine with missiles this week, damaging energy facilities nationwide and leaving at least 20 people dead.

“What the (Ukrainian) leadership described that they needed yesterday most was air defense capability,” US Defense Secretary Lloyd Austin said in Brussels on Thursday, a day after a meeting of 50 allied countries who coordinate their military support for Kyiv.

In order to protect Ukraine from Russia’s varied threats, however, it will be necessary to build air defenses made up of multiple layers, says the top US military officer, General Mark Milley.

“What you’re looking at, really, is short-range, low-altitude systems, then medium-range, medium-altitude, and then long-range and high-altitude systems,” he said Wednesday in Brussels.

These three levels will protect major cities and key infrastructure in Ukraine from Russian ballistic and cruise missiles as well as drones.

“That doesn’t control all the airspace over Ukraine, but they are designed to control priority targets that Ukraine needs to protect,” Milley said during a news conference.

Washington has promised to provide Ukraine with the short- to medium-range, medium-altitude NASAMS air defense system, with the first two arriving soon.

It has also ordered six more from manufacturer Raytheon, but those deliveries may not occur for two to three years.

– Old and new –

Germany has delivered the first of the latest-generation Iris-T defense systems, but Kyiv will have to wait until next year for three others that have been promised. The medium-range, high-altitude Iris-T system is designed to protect a small city.

To accelerate the process, the United States urged its allies on Wednesday to provide their available anti-aircraft equipment — even if it is older — as long as it meets NATO standards.

Spain was the first to respond positively to that call: it will send Ukraine four medium-range Hawk surface-to-air systems, which first went into service during the Cold War but have been modernized over the years.

They are no longer used by the US military, which has replaced them with more modern Patriot units, but Spain has refurbished some in recent years to extend their life.

President Emmanuel Macron announced Wednesday that France would provide “radars, systems and missiles to protect (the Ukrainians) from these attacks.”

He did not specify the type of anti-aircraft defenses planned, but a US military official mentioned the SAMP/T high-altitude system known as “Mamba,” which is in service in France, Italy and Singapore and is a European competitor to the US Patriot.

The French-Italian-designed system is currently part of NATO’s air defenses.

“The Italians are apparently willing to see what can be given in terms of SAMP-T, but all this is very complex,” the French presidency said Thursday, adding that it is “a work in progress.”

Paris has also provided the short-range Crotale system, it added.

– ‘Complicated’ –

Britain announced Wednesday that it was sending AMRAAM missiles, which are launched by the US-supplied NASAMS.

According to a US military official speaking on condition of anonymity, Washington is also interested in the option of the Spada 2000 system, which like Mamba is manufactured by Europe’s MBDA.

It is a modernized version of a medium-altitude and range system in service since the 1980s in Italy. It has also been sold to Kuwait, Spain and Pakistan.

To defend against ballistic missiles, Washington is also considering providing Patriot missile batteries to Ukraine. 

The US military does not have enough to supply them to Kyiv, but Washington is lobbying other countries that have them to participate in the effort, and is also trying to convince Israel to provide parts of its Iron Dome system.

“Many countries have Patriot. Many countries have other systems,” Milley said in Brussels. “There’s a whole series of Israeli systems that are quite capable.”

Once the systems are provided, Ukrainian forces will need to be trained on their use, and will have to “make sure that they can link together with the command-and-control and communication systems and make sure they have radars that can talk to each other so that they can acquire targets,” he said.

“It’s quite complicated from a technical standpoint,” Milley added.

“It’ll take a little bit of time.”

A year after rebranding itself from Facebook into Meta, the social network titan is striving to make the metaverse a routine part of daily life, offering users new features and promoting new virtual reality gear.

But analysts say the company has toned down the hype a bit as it struggles to reach its goal of creating an interactive virtual world that it sees as the next phase of online activity.

The biggest announcement from this week’s Meta Connect event — the company’s giant’s annual conference focused on virtual reality — was the launch of the much anticipated Meta Quest Pro VR headset, targeted at professionals in creative fields.

But there were also legs — as in, legs for user avatars in Meta’s Horizon World virtual realm, as well as facial expressions.

Is this the future? The company says yes.

“The metaverse is going to sneak up on us,” Meta Reality Labs vice president Mark Rabkin predicted.

“I think it’s going to feel really far away and then there’ll be certain pockets and niches that are suddenly really useful — and then we’ll realize that the gaps… are getting smaller, and suddenly it’s here.”

For Rabkin, executives can save time and money by meeting in the metaverse, and artists can embrace virtual venues for concerts, comedy shows and other entertainment.

Bridges, skyscrapers, footwear and more could be designed in 3-D using digital tools in the metaverse.

“We’re building things that power the metaverse and will be part of the metaverse,” Rabkin said.

“We are investing heavily to pull the future forward a little bit.”

– Smiles and nods –

A year ago, Facebook renamed itself Meta to signal its devotion to a metaverse future.

In a small step on that path, the $1,500 Quest Pro headset — aimed at architects, engineers and designers, among others — boasts new features that are meant to improve users’ perception of actually being in the presence of others.

“The moment that they begin to break into a smile or when they raise their eyebrow… your avatar should be able to express all of that and more,” Meta chief Mark Zuckerberg said at Meta Connect.

The company said it is partnering with Microsoft, Adobe, Accenture and others to sync up popular work software with virtual worlds using Quest Pro. 

“At Microsoft, we’re incredibly excited about the metaverse and how digital and physical worlds are coming together,” Microsoft CEO Satya Nadella said during the presentation.

Microsoft is “really leaning in” to make its widely-used productivity software, as well as tools built for its own HoloLens augmented reality headset, compatible with Quest Pro, according to Rabkin.

Zuckerberg stressed that Meta wants its VR platform to dovetail with offerings from other companies.

“Not only will our stuff run on a variety of devices, including not our own, but there will inevitably be multiple universes joined together in a variety of ways,” Rabkin explained.

Technical advances built into Quest Pro are expected to eventually be incorporated into lower-priced headsets destined for average consumers.

– Handling the hype –

Zuckerberg was quoted by tech news website The Verge as saying he didn’t expect the metaverse to make the company a meaningful amount of money for years, setting up a “trough of disillusionment.”

For Creative Strategies analyst Carolina Milanesi, Meta has de-emphasized the hype of the metaverse in favor of talking more about the nuts and bolts of how it will work.

“I’m assuming it’s because they figured out how hard it is to actually make this stuff in terms of actually creating that world,” Milanesi told AFP.

Companies are investing billions of dollars in building blocks of the metaverse, with Meta leading the pack, VRDirect managing director Rolf Illenberger told AFP.

Microsoft, Sony, and HTC are among the players, and Apple is rumored to be planning to release its own virtual reality headset.

“On the one hand, Mark Zuckerberg needs to be acknowledged as a hero, as a visionary because he’s pushing the industry like no one else,” Illenberger said.

“But on the other hand, his bad reputation also kind of, to some extent, puts blame on the metaverse as a technology.”

Critics have said rebranding Facebook as Meta was a move to distance the tech firm from scandals including a whistleblower who said it valued profit over user safety.

Leah Martin ended up in the emergency room “because of the immense stress” of being denied an abortion in her US home state of Kentucky.

Due to this “horrible” experience, she is now going door-to-door against a state ballot initiative that would cement Kentucky’s near total ban on abortions.

Scott Van Neste, a pastor, sharply opposes the procedure. Surrounded by his eight children, Van Neste has begun attending demonstrations to protect the state’s anti-abortion law.

Surprisingly, the two have something in common: They are new to the activist sphere.

Newfound activism may be a wildcard as US voters cast ballots November 8 in a variety of national, state and local races as well as on hot-button ballot initiatives.

Since the Supreme Court in June overturned the constitutional right to abortion and restored states’ ability to ban the procedure, the issue has become a major ballot question.

Only four states have decided to hold referendums exclusively on abortion, decoupling the issue from platforms and political parties, and opening the door to citizens who are not very political to get involved in what is, for them, a matter of “values.”

For Martin, it’s a personal issue.

In June, the 35-year-old and her husband joyfully learned that they were expecting a second child. Unfortunately, at 12 weeks of pregnancy, the doctors detected a chromosomal abnormality.

“It was 100 percent certain that the baby would not live past 10 months at the absolute most,” she told AFP.

The news came after the Supreme Court ruling, and the conservative Kentucky state legislature had just prohibited abortions.

“My doctors were crying with me… but essentially said, ‘Hey, we can’t help you. With the ban on abortion in Kentucky, you have to go to a different state,'” Martin said.

Martin said she ultimately ended up in the emergency room “because of the immense stress and panic that I put on my body from receiving that news.”

But then came what she calls an “insane miracle,” a one-week period “where a judge lifted the ban on abortion in Kentucky. And so I was able to receive the care that I needed.”

To overcome her trauma, Martin, a marketing executive for whom politics has always been “a private matter,” decided to get involved in the referendum campaign, going door-to-door in her hometown of Lexington.

“It is not in my nature to be knocking on doors… But some things are just too important,” Martin said as she approached a stately home.

A short distance away, Molly Kimbrell, 61, is also trying her hand at canvassing.

“Politics is not my jam. But issues are,” said Kimbrell, a nurse who had an abortion at the age of 14 owing to “a stupid kid mess up.”

Voicing outrage that women no longer have that option, she decided to get “off the couch” and try to persuade voters.

– ‘Big for me’ –

Displaying similar determination but from a different angle, Van Neste, 47, attended a “yes” rally outside the Kentucky Capitol in Frankfort on October 1.

He, too, is not used to this type of exercise: In his entire life, he has only demonstrated once.

But convinced that “all life is precious,” he wanted to defend the law in his state even if it forbids abortion in cases of incest or rape.

“We would not want the child to be punished for someone else’s wrongdoing,” he said.

“This is big for me because I have four children that were adopted,” said Van Neste, a Baptist pastor who doesn’t hesitate to talk about the ballot during his sermons.

A 1954 law prohibits churches from endorsing candidates but does not apply to referendums, points out Addia Wuchner, organizer of the event. In the Capitol parking lot, several buses are from religious organizations.

This time, Wuchner said, “there can be that discussion from the pulpit in the churches.”

Abigail Butler, 25, considers herself an independent voter. The theology student has volunteered at “crisis centers” that try to discourage women from having abortions, but she swears she is “not an activist, just passionate about the issue.”

Originally from Florida, she made sure to register to vote in Kentucky to participate in the referendum.

The challenge is to avoid what happened on August 2 in Kansas, a conservative state, where nearly 60 percent of voters in a high-turnout election rejected an anti-abortion amendment.

The result gave hope to Martin, as does her father’s attitude. 

“My father is a Republican,” she said, and opposed to abortions. “But watching me go through my experience… I know that on this particular issue, he will be voting no in November.”

Wall Street stocks finished a topsy-turvy session with strong gains Thursday following disappointing inflation data, while the pound rallied and the yen hit a new multi-decade low.

US consumer prices rose 0.4 percent in September compared to August, twice the 0.2 percent projected by analysts, even as the annual increase in the consumer price index slowed slightly to 8.2 percent from 8.3 percent.

The data are the latest sign inflation is becoming more ingrained in the US economy, despite numerous Federal Reserve actions to counter the trend.

US stocks initially plummeted on the report, which exacerbated recession worries on the increased odds of more aggressive Fed interest rate increases.

But equities soon reversed course, working their way back into positive territory by late morning and rising from there.

The broad-based S&P 500 ended 2.6 percent higher, joined in positive territory by bourses in Paris and Frankfurt that had earlier closed up at least one percent.

The early action after the inflation report was “knee-jerk” selling, said Briefing.com analyst Patrick O’Hare, adding that the inflation data — while disappointing — was not shocking given other recent economic reports.

The initial reversal was due to technical trading factors. When stocks refused to drop below a key trading level, they did a 180-degree turn and pushed higher.

“Maybe now there’s a bottom in place for the time being,” O’Hare said.

Also on Thursday, the British pound soared against the dollar and other currencies amid media speculation the government may cut back on its fiscal stimulus plans and increase corporate taxes in its latest policy U-turn.

The IMF reiterated its criticism of the new British government’s policies, with Chief Kristalina Georgieva calling for “coherent and consistent” measures.

Throughout this week’s meetings of finance chiefs in Washington, the IMF has stressed that the priority was for central banks to control inflation with monetary policy tightening and for governments to keep their budgets tight.

“Our message to everybody, not just to the UK, to everybody at this time: fiscal policy should not undermine monetary policy,” Georgieva said.

The Japanese yen on Thursday also hit its lowest level against the dollar since 1990 after the US inflation data, a reflection of the gulf between the US and Japanese central banks in monetary policy.

“The Bank of Japan continues to keep monetary policy easy because inflation and wages remain relatively low” in Japan, said Carol Kong, an economist and currency strategist at Commonwealth Bank of Australia.

– Key figures around 2100 GMT –

New York – Dow: UP 2.8 percent at 30,038.72 (close)

New York – S&P 500: UP 2.6 percent at 3,669.91 (close)

New York – Nasdaq: UP 2.2 percent at 10.649.15 (close)

London – FTSE 100: UP 0.4 percent at 6,850.27 (close) 

Frankfurt – DAX: UP 1.5 percent at 12,355.58 (close)

Paris – CAC 40: UP 1.0 percent at 5,879.19 (close)

EURO STOXX 50: UP 0.9 percent at 3,362.40 (close)

Tokyo – Nikkei 225: DOWN 0.6 percent at 26,237.42 (close)

Hong Kong – Hang Seng Index: DOWN 1.9 percent at 16,389.11 (close)

Shanghai – Composite: DOWN 0.3 percent at 3,016.36 (close)

Pound/dollar: UP at $1.1333 from $1.1100 Wednesday

Dollar/yen: UP at 147.22 yen from 146.91 yen

Euro/dollar: UP at $0.9780 from $0.9703

Euro/pound: DOWN at 86.28 pence from 87.41 pence

Brent North Sea crude: UP 2.3 percent at $94.57 per barrel

West Texas Intermediate: UP 2.1 percent at $89.11 per barrel

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Lawmakers probing the 2021 attack on the US Capitol voted Thursday to subpoena former president Donald Trump to testify on his role in the violence, in a major escalation of the sprawling inquiry weeks before it is due to wind up.

During what was expected to be its final hearing before the midterm elections, the House panel of seven Democrats and two Republicans agreed unanimously to compel Trump’s appearance before investigators.

“We need to be fair and thorough and gain a full context for the evidence we’ve obtained. But the need for this committee to hear from Donald Trump goes beyond our fact-finding,” said Bennie Thompson, the chairman of the committee.

“This is a question about accountability to the American people. He must be accountable. He is required to answer for his actions.”

Subpoenas from the panel have proved difficult to enforce, with former White House aide Steve Bannon the only target yet convicted of contempt of Congress for refusing to comply.

Trump is notorious for his ability to run down the clock on congressional investigations and legal action, and it remains highly unlikely that he would agree to give evidence.

“Why didn’t the Unselect Committee ask me to testify months ago? Why did they wait until the very end, the final moments of their last meeting?” thundered Trump, who has had a standing invitation to appear before the committee.

Reacting on his right-wing Truth Social platform, Trump said the committee was a “total ‘BUST’ that has only served to further divide our Country.”

Any subpoena would expire in any case with the new congressional term in January. Control of the House of Representatives is expected to flip after November elections to the Republicans, who plan to immediately end the investigation.

But the move marks an aggressive escalation of the probe, which has issued more than 100 subpoenas and interviewed more than 1,000 people since its inception in 2021.

While no sitting president has ever been forced to testify before Congress, lawmakers have summoned former presidents to discuss their conduct in office.

– ‘Clear and present’ threat –

Trump didn’t say whether he would testify, but if he refuses to comply, the full House can hold him in criminal contempt in a vote recommending him for prosecution.

The vote came as a spectacular coda to an already stunning hearing in which the committee offered fresh evidence that Trump had planned to declare victory in the 2020 election — regardless of the outcome.

Trump had a “premeditated plan” formulated months before the vote to claim he had won on election night, whatever the vote tally showed, panel member Zoe Lofgren told the hearing, citing evidence gathered by the committee. 

Across eight hearings in the summer the panel unveiled reams of evidence on the former president’s involvement in a labyrinthine series of connected schemes to overturn the election.

The committee pressed its position on Thursday that Trump — who continues to be a wellspring of disinformation about the 2020 presidential election — remains a “clear and present” threat to democracy.

Blockbuster witness testimony in June and July provided stunning examples of Trump and his allies pressuring election officials and trying to get lawfully-cast votes nullified in swing states, and of Trump’s inertia amid the mob uprising.

Lawmakers plan to release a final report by the end of the year, although preliminary findings could be announced before November’s midterm elections.

The committee has not announced formally whether it will make direct criminal referrals over January 6, although several members see the issue as moot, since the Justice Department is already investigating.

– ‘Right to the violence’ –

Thursday’s hearing featured new video footage from a Danish film crew shot for a documentary about longtime Trump ally Roger Stone.

In one clip from the day before the 2020 election played to the packed hearing room, the notorious self-styled “dirty trickster” was seen telling the filmmakers he has no interest in waiting to contest the vote tally.

“Let’s get right to the violence,” says the 70-year-old Republican operative, who has not been charged in connection with the riot.

One of the most chilling moments came when the hearing room was shown footage of congressional leaders including House Speaker Nancy Pelosi desperately phoning officials to call for help as the Capitol was being ransacked around them.

“They’re just breaking windows… they said somebody was shot. It’s just horrendous, and all at the instigation of the president of the United States,” Pelosi is pictured saying. 

The panel also unveiled evidence developed from nearly one million pages of documents surrendered by the Secret Service, as lawmakers seek to understand why certain agents’ text messages from the eve of the insurrection and the day itself went missing.

Secret Service emails obtained by investigators confirm testimony from previous hearings that Trump wanted to join the mob at the Capitol — a move that would have escalated a riot into an attack by one branch of the government on another, potentially upending the republic.

Trump, who urged his supporters in a fiery speech near the White House to “fight like hell,” was impeached for inciting the mob to storm Congress to halt the peaceful transfer of power to Joe Biden.