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Trending News:Trump Fires BLS Commissioner After Disappointing Jobs ReportTrump Orders Nuclear Submarines in Response to Medvedev’s Threats Over Ukraine UltimatumDow Jones tumbles more than 600 points as weak jobs dataSwitzerland’s tariff shock: The 39% U.S. hit no one saw comingEuropean stocks pull backS&P 500 and Nasdaq hit record highs on big gains from Meta and MicrosoftRolls-Royce shares soar 10% on bumper profit and salesGerman inflation dips to cooler-than-expected 1.8% in JulyS&P 500 closes lower, Dow drops more than 150 points as Powell signals Fed isn’t ready to cut ratesThe European market rises slightly thanks to corporate earningsTrump announces 25% tariff on India plus ‘penalty’ for trade with RussiaWhat we know about the deadly Manhattan office shootingStock futures inch higher after S&P 500 ekes out another closing recordEuropean markets buoyed by earningsShares of Novo Nordisk plunge 15% after Wegovy-maker cuts full-year guidancePhilips shares up 10% as health tech giant flags reduced U.S. tariff impactS&P 500 is little changed after U.S.-EU trade deal as traders brace for big market week aheadTrump: Global baseline tariff will likely be 15% to 20%Trump gives Russia less than two weeks to reach peace deal with UkraineTrump says U.S. has reached trade deal with European Union2 people found dead along Arkansas hiking trail in a suspected homicide3 adults seriously injured in crash on I-380 in PennsylvaniaLAPD pursuit ends after another driver collides with officerOne person hospitalized in shooting involving Madison Heights policeBooz Allen Hamilton shares pop following latest earnings beatWall Street remains lukewarm on Intel after second-quarter earnings reportAutoNation shares rise after earnings and revenue beatPuma shares plunge 17% after full-year sales, profit outlook cut on U.S. tariffsTrump’s Scotland Visit to Refine U.S.-U.K. Trade Deal and Strengthen TiesAsia-Pacific stocks fall as investors weigh recent trade developmentsDeutsche Bank shares gain 9% after second-quarter profit beatUnitedhealth shares fall after it reveals DOJ Medicare billing probeS&P 500 experiencing longest quiet streak in monthsNasdaq, S&P 500 hit fresh records after strong Alphabet earningsExisting home sales slid 2.7% in June, more than expectedUBS sees Berkshire Hathaway rallying more than 20% from here42 stocks in the S&P 500 trade at new 52-week highsDow Jones jumps 500 points, S&P 500 closes at another record on Trump trade deal optimismTrump shifts gears to EU after striking Japan dealLockheed Martin hits new 52-week low following earnings missS&P 500 ekes out another record close Tuesday as traders react to latest earningsEuropean stocks declined for the third day in a row as investors digested earningsS&P 500 High Beta hits new intraday all-time highS&P 500, Nasdaq hit record highs as traders await big tech earnings, eye trade developmentsEuropean stocks mixed amid tariff uncertainty; 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preCharge News POLITICS — President Donald Trump on Friday said that he ordered two nuclear submarines “to be positioned in the appropriate regions” in response to warnings made to the United States this week by high-ranking Russian official Dmitry Medvedev.
Medvedev in a social media post on Monday wrote that each new ultimatum that Trump makes about Russia to force an end to its war on Ukraine “is a threat and a step towards war.”
“Not between Russia and Ukraine, but with his own country,” Medvedev wrote on X that day.
Trump's playing the ultimatum game with Russia: 50 days or 10… He should remember 2 things: 1. Russia isn't Israel or even Iran. 2. Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with his own country. Don't go down the Sleepy Joe road!
Trump earlier Monday had said he was cutting from 50 days to less than two weeks his deadline for Russian President Vladimir Putin to reach a peace deal with Ukraine or face big “secondary tariffs” on Moscow’s trade partners.
Trump’s Response to Russian Provocation
On Friday, Trump wrote in a Truth Social post,
“Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the Deputy Chairman of the Security Council of the Russian Federation, I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that.”
“Words are very important, and can often lead to unintended consequences. I hope this will not be one of those instances,” Trump said. “Thank you for your attention to this matter!”
Medvedev’s Escalating Rhetoric
Medvedev, in his tweet Monday, wrote:
“Trump’s playing the ultimatum game with Russia: 50 days or 10… He should remember 2 things.” “1. Russia isn’t Israel or even Iran. 2. Each new ultimatum is a threat and a step towards war,” “Not between Russia and Ukraine, but with his own country. Don’t go down the Sleepy Joe road!”
FILE PHOTO: Russia’s Security Council’s Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region’s city of Dubna, Russia June 13, 2024. Alexei Maishev | Via Reuters
Trump Fires Back at India and Russia’s Trade Relations
Trump in a Truth Social post on Thursday warned Medvedev about his rhetoric, while also criticizing Russia’s trade relationship with India.
“I don’t care what India does with Russia. They can take their dead economies down together, for all I care,” Trump wrote. “We have done very little business with India, their Tariffs are too high, among the highest in the World.”
“Likewise, Russia and the USA do almost no business together,” Trump said. “Let’s keep it that way, and tell Medvedev, the failed former President of Russia, who thinks he’s still President, to watch his words. He’s entering very dangerous territory!”
Medvedev References Nuclear Retaliation
Medvedev responded Thursday with a statement saying:
“If a few words from a former Russian president can provoke such a nervous reaction from the sitting and supposedly formidable president of the United States, then clearly Russia is entirely in the right and will continue on its chosen path.”
“As for his remarks about the ‘dead economies’ of India and Russia and ‘venturing into dangerous territory,’ perhaps he should revisit his favorite movies about the living dead and recall just how dangerous the mythical ‘Dead Hand’ can be,”
What Is the Dead Hand?
The Dead Hand is Russia’s system for automatically launching nuclear strikes if a nuclear attack is detected against the country.
Eduardo Sifuentes
