Bitcoinfg.com
No Result
View All Result
  • Login
  • Register
en English
en Englishes Españolfr Françaisde Deutschit Italianopt Portuguêsru Русскийhi हिन्दीzh-CN 简体中文ja 日本語
  • Home
  • News
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoin
    • Analysis
    • Blockchain
    • NFT
    • Metaverse
    • DeFi
    • Web3
  • Markets
    • All
    • Commodities
    • Forex
    • Futures
    • Stocks
    GBPUSD rallies to multi-month highs, eyeing 1.1800

    GBP/USD pauses pullback from multi-day top near 1.2380 on upbeat UK GDP, US inflation eyed

    Oil prices muted after mixed Chinese data, OPEC meeting awaited

    Oil prices muted after mixed Chinese data, OPEC meeting awaited

    Mondelez offloads some stake in JDE Peet’s at a discount – Bloomberg

    Mondelez offloads some stake in JDE Peet’s at a discount – Bloomberg

    ‘Value’ Stocks Are Showing Signs of Life. Take a Look at Truck Maker Paccar.

    ‘Value’ Stocks Are Showing Signs of Life. Take a Look at Truck Maker Paccar.

    USDCAD finds cushion around 1.3250 amid tailwinds of fading risk-on mood and subdued oil

    USD/CAD syncs with sluggish Oil price, US Dollar above 1.3500 as Canada GDP, US inflation clues loom

    Mexico, U.S. trade officials discuss energy, corn exports, environment

    Oil down marginally amid uncertainty over imminent US economic data

    White House touts Amazon EVs, Google EV tax credit tool

    White House touts Amazon EVs, Google EV tax credit tool

    Pound Sterling Price News and Forecast: GBPUSD is looking to extend its recovery above 1.1820

    GBP/USD eyes two-month high near 1.2450 amid cheerful market mood, UK GDP in focus

    US West faces power reliability issues from growing use of renewables

    Factbox-Asia’s carbon pricing and emission trading systems

    • Stocks
    • Commodities
    • Futures
    • Forex
  • Economy
  • Finance
    China’s banking troubles are not the same as Silicon Valley Bank, economist says

    China’s banking troubles are not the same as Silicon Valley Bank, economist says

    Bank of America’s Andy Sieg is joining Citi as head of global wealth

    Bank of America’s Andy Sieg is joining Citi as head of global wealth

    Parenting expert shares her No. 1 rule for raising successful kids—78% of Americans aren’t doing it

    Parenting expert shares her No. 1 rule for raising successful kids—78% of Americans aren’t doing it

    More home sellers are sitting out of the spring housing market

    More home sellers are sitting out of the spring housing market

    Disney blocks Ron DeSantis’ Florida power play with a royal family clause

    Disney blocks Ron DeSantis’ Florida power play with a royal family clause

    Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

    Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

    Under Armour’s new partnership with Steph Curry will last beyond the NBA star’s retirement

    Under Armour’s new partnership with Steph Curry will last beyond the NBA star’s retirement

    A 67-year-old retiree shares what retirement is ‘really’ like—with ‘no work hours and all that free time’

    A 67-year-old retiree shares what retirement is ‘really’ like—with ‘no work hours and all that free time’

    Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more

    Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more

  • Investing
  • Politics
  • Videos
  • Charts
    • Cryptocurrency
    • Stocks
    • Forex
  • Community
Contact
Newsletter
  • Trending
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Analysis
  • Blockchain
  • DeFi
  • NFT
  • Metaverse
  • Web3
  • Stocks
  • Commodities
  • Futures
  • Forex
Bitcoinfg.com
  • Home
  • News
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoin
    • Analysis
    • Blockchain
    • NFT
    • Metaverse
    • DeFi
    • Web3
  • Markets
    • All
    • Commodities
    • Forex
    • Futures
    • Stocks
    GBPUSD rallies to multi-month highs, eyeing 1.1800

    GBP/USD pauses pullback from multi-day top near 1.2380 on upbeat UK GDP, US inflation eyed

    Oil prices muted after mixed Chinese data, OPEC meeting awaited

    Oil prices muted after mixed Chinese data, OPEC meeting awaited

    Mondelez offloads some stake in JDE Peet’s at a discount – Bloomberg

    Mondelez offloads some stake in JDE Peet’s at a discount – Bloomberg

    ‘Value’ Stocks Are Showing Signs of Life. Take a Look at Truck Maker Paccar.

    ‘Value’ Stocks Are Showing Signs of Life. Take a Look at Truck Maker Paccar.

    USDCAD finds cushion around 1.3250 amid tailwinds of fading risk-on mood and subdued oil

    USD/CAD syncs with sluggish Oil price, US Dollar above 1.3500 as Canada GDP, US inflation clues loom

    Mexico, U.S. trade officials discuss energy, corn exports, environment

    Oil down marginally amid uncertainty over imminent US economic data

    White House touts Amazon EVs, Google EV tax credit tool

    White House touts Amazon EVs, Google EV tax credit tool

    Pound Sterling Price News and Forecast: GBPUSD is looking to extend its recovery above 1.1820

    GBP/USD eyes two-month high near 1.2450 amid cheerful market mood, UK GDP in focus

    US West faces power reliability issues from growing use of renewables

    Factbox-Asia’s carbon pricing and emission trading systems

    • Stocks
    • Commodities
    • Futures
    • Forex
  • Economy
  • Finance
    China’s banking troubles are not the same as Silicon Valley Bank, economist says

    China’s banking troubles are not the same as Silicon Valley Bank, economist says

    Bank of America’s Andy Sieg is joining Citi as head of global wealth

    Bank of America’s Andy Sieg is joining Citi as head of global wealth

    Parenting expert shares her No. 1 rule for raising successful kids—78% of Americans aren’t doing it

    Parenting expert shares her No. 1 rule for raising successful kids—78% of Americans aren’t doing it

    More home sellers are sitting out of the spring housing market

    More home sellers are sitting out of the spring housing market

    Disney blocks Ron DeSantis’ Florida power play with a royal family clause

    Disney blocks Ron DeSantis’ Florida power play with a royal family clause

    Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

    Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more

    Under Armour’s new partnership with Steph Curry will last beyond the NBA star’s retirement

    Under Armour’s new partnership with Steph Curry will last beyond the NBA star’s retirement

    A 67-year-old retiree shares what retirement is ‘really’ like—with ‘no work hours and all that free time’

    A 67-year-old retiree shares what retirement is ‘really’ like—with ‘no work hours and all that free time’

    Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more

    Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more

  • Investing
  • Politics
  • Videos
  • Charts
    • Cryptocurrency
    • Stocks
    • Forex
  • Community
No Result
View All Result
Bitcoinfg.com
No Result
View All Result
  • News
  • Crypto
  • Politics
  • Markets
  • Economy
  • Finance
  • Investing
  • Videos
Home News

Why the Black Sea is such a flashpoint between the U.S. and Russia

News Room by News Room
Mar 18, 2023 3:18 am EDT
Reading Time: 5 mins read
0 0
A A
0

A military drone may not be the only thing the U.S. is missing in the Black Sea.

The dramatic encounter with Russian fighter jets this week drew the world’s attention to the body of water that has been at the heart of the war in Ukraine.

But it also raised a key security question for Washington and its allies: Is there a clear strategy for a critical waterway that has long been central to the rivalry between Moscow and the West and could now become a major flashpoint?

Lawmakers and former military officials said the answer is of particular concern as a deal to let critical supplies of grain exit Ukraine’s ports on the Black Sea sits in the balance and Russia’s fleet uses the area as a launchpad for attacks against Ukrainian cities.

Depths of conflict

Described by some as “a potential powder keg,” the Black Sea is slightly larger than California and has six countries on its coast: NATO members Turkey, Romania and Bulgaria as well as Georgia and Ukraine, which are considered U.S. partners but are not part of the alliance. 

And then there’s Russia. 

At one time, the U.S. helped allies match its presence in the Black Sea and performed exercises there, but the Biden administration pulled American ships from the area when it appeared the Russians were preparing to invade Ukraine. Turkey is now stopping warships from entering the sea through the Bosphorus Strait, which it controls and can close during times of war. 

That means the U.S. has no means to recover the drone, which the U.S. said it brought down in the Black Sea on Tuesday after a Russian fighter jet collided with it. 

“It points to the lack of a comprehensive approach to a region that is important, not just to our allies and to the countries bordering the Black Sea, but it’s important to the United States’ security as well,” Sen. Jeanne Shaheen, D-N.H., told NBC News of America’s diminished military role in the area.

The U.S. does not have a ship in the area to recover the wreckage, and the only NATO ally that borders the Black Sea and has a navy robust enough to potentially approach the crash site is Turkey, which has tried to remain relatively friendly with Moscow in its war with Ukraine.

Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, told reporters Wednesday that there likely was not much debris to recover anyway. The drone had limped along to an area where depths reach as far as 5,000 feet, and the U.S. military had ensured that its data banks were wiped, he said.

Russia has blamed the U.S. for the confrontation, denying that its jet came into contact with the drone and accusing Washington of provocation by conducting surveillance near Russian airspace.

Russian President Vladimir Putin has made expanding Moscow’s presence a priority, annexing the Crimean Peninsula — the historic home of Russia’s Black Sea Fleet and a bedrock of the Kremlin’s ability to project its power across the region — and long meddled in neighboring countries like Georgia. 

Shaheen, who chairs the Senate Foreign Relations Subcommittee on Europe and Regional Security Cooperation, and others said that this week’s drone incident highlighted that the U.S. needs to outline a plan for its approach to defending the Black Sea. 

The drone encounter pushed Shaheen, who visited a NATO airbase in Romania last month, to reintroduce a bill with Sen. Mitt Romney, R-Utah, that would require the Biden administration to produce an interagency strategy within 180 days to deepen U.S. economic and military ties with countries in the region. 

“There’s been a great deal of bipartisan interest in it because — between the war in the Ukraine, this incident with the drones, what’s happening with the shipping lanes — it’s very clear how important the region is,” Shaheen said. “And most of the countries who border the Black Sea are our allies, and it’s important now for us to show how we support our allies.”

The State Department and National Security Council did not respond to requests for comment. 

A weak point in the water?

Former national security officials who have operated in the region said that the level of U.S. and NATO investment in the Black Sea does not match its strategic importance. They said that, despite NATO rhetoric, Western activity in the region began to drop after Moscow seized Crimea.

Glen Grant, a former British officer who has worked as a military trainer and consultant for Ukraine and Bulgaria, said that the Black Sea is a particular weak point for NATO’s eastern flank.

“There’s no NATO on that side because of the weakness of Bulgaria and Romania and the intransigence of Turkey,” he said. “Because of that, you don’t have a NATO presence in the Black Sea.”

A NATO official, who asked to remain anonymous to speak freely, emphasized that the Black Sea region is of “strategic importance” to the alliance, noting that its members had reinforced NATO’s presence in response to the Kremlin’s Crimea annexation in 2014 and full-scale invasion of Ukraine last year.

The official said NATO has led greater air policing missions out of Romania and Bulgaria, placed more air and missile defense systems in Romania and Turkey, and stationed new battlegroups in the region.

Steven Horrell, a former U.S. naval intelligence officer who studies the region for the Center for European Policy Analysis, a Washington-based think tank, said Turkey — which serves as NATO’s southern bulwark and has one of the most powerful militaries in the alliance — “has to be central” to any strategy regarding the Black Sea.

The U.S. must find a way to make it a more reliable partner as Washington also develops closer ties to the likes of Romania and Bulgaria, he said.

There appeared to be some movement toward greater cooperation, at least, as the presidents of Romania and Bulgaria met in Sofia and signed a pact to boost ties on Wednesday. 

“We have to rely on the three NATO allies [Bulgaria, Romania and Turkey] and the Black Sea states to lead,” Horrell said. “It has been challenging for the three of them to come together in one voice in the same way that, for instance, the Baltic States have done.”

The foreign ministries of Bulgaria, Romania and Turkey did not respond to requests for comment. 

Read the full article here

ShareTweetShareShareSendPin

Related Articles

Ledger Taps $1.4 Billion Valuation After Securing $109 Million Funding
News

Ledger Taps $1.4 Billion Valuation After Securing $109 Million Funding

Mar 31, 2023 2:34 am EDT
UK reaches its biggest trade deal since Brexit, joining trans-Pacific partnership
News

UK reaches its biggest trade deal since Brexit, joining trans-Pacific partnership

Mar 31, 2023 2:09 am EDT
Custodian had a heart for kids, his family says
News

Custodian had a heart for kids, his family says

Mar 31, 2023 2:08 am EDT
Colm Kelleher: Irish financial crisis veteran orchestrating Credit Suisse takeover
News

Colm Kelleher: Irish financial crisis veteran orchestrating Credit Suisse takeover

Mar 31, 2023 2:04 am EDT
Russia talks up prospects of BRICS countries developing new currency
News

Russia talks up prospects of BRICS countries developing new currency

Mar 31, 2023 2:00 am EDT
Rupert Murdoch’s media machine offers full-throated defense of Trump after grand jury indictment
News

Rupert Murdoch’s media machine offers full-throated defense of Trump after grand jury indictment

Mar 31, 2023 1:08 am EDT
3 people arrested in alleged gym attack on rapper Tekashi 6ix9ine
News

3 people arrested in alleged gym attack on rapper Tekashi 6ix9ine

Mar 31, 2023 1:07 am EDT
Japan restricts semiconductor tool exports as China chip war intensifies
News

Japan restricts semiconductor tool exports as China chip war intensifies

Mar 31, 2023 1:03 am EDT
‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws
News

‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws

Mar 31, 2023 12:59 am EDT

Discussion about this post

Recommended Stories

‘Most Cryptocurrencies Will Fail’, Warns SEC’s Gary Gensler

‘Most Cryptocurrencies Will Fail’, Warns SEC’s Gary Gensler

Jan 12, 2023 3:29 pm EST
Lawsuit alleges Jeffrey Epstein sent JPMorgan Chase exec photos of young women

Lawsuit alleges Jeffrey Epstein sent JPMorgan Chase exec photos of young women

Feb 17, 2023 7:45 pm EST
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend

Feb 11, 2023 8:21 am EST
Name Price24H %
bitcoin
Bitcoin
$16,843.30-3.26%
ethereum
Ethereum
$1,197.92-5.73%
tether
Tether
$1.000-0.02%
usd-coin
USD Coin
$1.000.070%
binancecoin
BNB
$244.08-6.75%
binance-usd
Binance USD
$1.000.120%
ripple
XRP
$0.360-5.05%
dogecoin
Dogecoin
$0.081-5.64%
cardano
Cardano
$0.285-5.42%
matic-network
Polygon
$0.833-5.84%
ADVERTISEMENT

The most important crypto and finance news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

Popular Stories

  • Biden’s granddaughter Naomi ties knot in White House wedding

    Biden’s granddaughter Naomi ties knot in White House wedding

    0 shares
    Share 0 Tweet 0
  • ‘GMA3’ anchors T.J. Holmes and Amy Robach taken off air after news of their relationship surfaced

    0 shares
    Share 0 Tweet 0
  • Bob Iger Outlines His Plan for Disney. Then More Bad News Hit.

    0 shares
    Share 0 Tweet 0
  • Effective Altruism: Former FTX CEO’s Alleged $40M Penthouse Listed for Sale, Report Says Firm Spent $74M on Real Estate

    0 shares
    Share 0 Tweet 0
  • Gemini falters on EARN redemption requests due to partner’s suspended withdrawals

    0 shares
    Share 0 Tweet 0
Bitcoinfg.com

BitcoinFG.com is your one-stop news website for Crypto, Finance and markets news and updates, follow us to get the latest news an updates from the most trusted sources.

LEARN MORE »

Recent News

  • Ledger Taps $1.4 Billion Valuation After Securing $109 Million Funding
  • What Could Elizabeth Warren’s Senate Reelection Bid Mean for the Crypto Industry? 
  • GBP/USD pauses pullback from multi-day top near 1.2380 on upbeat UK GDP, US inflation eyed

Trending Topics

Altcoin Analysis Bitcoin Blockchain Commodities Crypto DeFi Economy Ethereum Finance Forex Futures Investing Markets Metaverse News NFT Politics Stocks Videos Web3

Get Informed

The most important crypto and finance news and events of the day

Be the first to know latest important news & events directly to your inbox.

By signing up, I agree to our TOS and Privacy Policy.

  • Privacy
  • Terms
  • Press Release
  • Advertise
  • Contact

Copyright © 2022 Bitconfig - Created by Sawah Solutions.

No Result
View All Result
  • Home
  • News
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoin
    • Analysis
    • Blockchain
    • NFT
    • Metaverse
    • DeFi
    • Web3
  • Markets
    • Stocks
    • Commodities
    • Futures
    • Forex
  • Economy
  • Finance
  • Investing
  • Politics
  • Videos
  • Charts
    • Cryptocurrency
    • Stocks
    • Forex
  • Community

Copyright © 2022 Bitconfig - Created by Sawah Solutions.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.