Anonymous ID: cfe24c March 16, 2023, 7:52 a.m. No.18518017   🗄️.is đź”—kun

PlaneFag: Europe

Swedish AF C603 Saab 340 AEW&C (Airborne Early Warning & Control ) NE and just to west of the Russian AF AC and it's on the track @ 20k ft

Russian AF RF78817 Ilyushin-76 heading to Kaliningrad while REDEYE6 E-8C Joint STARS leaves back to Ramstein

AE6842 US Navy P-8 Poseidon was at low altitude in the Baltic and heading WN now with

DUKE61 US Army Super King Air SW from Poznan and German AF GAF685 Global Explorere in at Berlin to drop off someone from Ramstein AFB

Swiss AF SUI555 CL60 WN from Ferizaj, Kosovo back to Zurich

There was a P-8 off Lebanon, Syria and Irsael last night but it left several hours ago-bottom of cap-back to Sigonella AB, Sicily

Anonymous ID: cfe24c March 16, 2023, 8:03 a.m. No.18518059   🗄️.is đź”—kun   >>8131

Poland plans to grant Ukraine's request for fighter jets

 

Poland’s president said Thursday that his country plans to give Ukraine around a dozen MiG-29 fighter jets, which would make it the first NATO member to fulfill the Ukrainian government's increasingly urgent requests for warplanes. President Andrzej Duda said Poland would hand over four of the Soviet-made warplanes “within the next few days” and that the rest needed servicing and would be supplied later. The Polish word he used to describe their number can mean between 11 and 19. “They are in the last years of their functioning but they are in good working condition,” Duda said of the aircraft.

 

Duda did not say whether other countries would be making the same move, although Slovakia has said it would send its disused MiGs to Ukraine. On Wednesday, Polish government spokesman Piotr Mueller said some other countries with MiGs also had pledged them to Kyiv, but he did not name them.

 

While Ukrainian President Volodymyr Zelenskyy has pleaded for Western supporters to share fighter jets, NATO allies have expressed hesitancy.

 

Before Russia's full-scale invasion, Ukraine had several dozen MiG-29s it inherited in the collapse of the Soviet Union, but it’s unclear how many of them remain in service after more than a year of fighting. The debate over whether to provide non-NATO country Ukraine with fighter jets was initiated over a year ago, but NATO has been wary of making the war escalate. Duda made the announcement during a joint news conference in Warsaw with the visiting Czech president, Petr Pavel.

 

Duda said Poland’s air force would replace the planes it gives to Ukraine with South Korea-made FA-50 fighters and American-made F-35s.

 

Poland was also the first NATO nation to hand German-made Leopard 2 tanks to Ukraine, last month.

 

Poland is a crucial ally in the Ukraine crisis. It is hosting thousands of American troops and is taking in more people fleeing the war in Ukraine than any other nation, in the midst of the largest European refugee crisis in decades.

https://www.seattlepi.com/news/politics/article/poland-plans-to-grant-ukraine-s-request-for-17842795.php

Anonymous ID: cfe24c March 16, 2023, 8:25 a.m. No.18518149   🗄️.is đź”—kun   >>8171

Credit Suisse Bonds Sink Deeper Into Distress as Hopes Fade

 

Credit Suisse Group AG’s woes deepened on Thursday, with the cost to insure the bank’s debt against default rising as its bonds fell deeper into distress. Early gains prompted by the lender saying it would tap Switzerland’s central bank for fresh liquidity were erased.

 

Traders indicated one-year credit-default swaps at 19 to 25 points upfront, up from 10.5 to 17.5, according to people who saw the quotes. They were indicated between 20 and 30 points on Wednesday afternoon. Wide bid-ask spreads tend to emerge in illiquid or risky names, where it’s hard to match buyers and sellers of credit protection. The last recorded quote on pricing source CMAQ was about 3,141 basis points at 13:27 a.m. London time after falling below 2,500 basis points in the morning. Spreads over 1,000 basis points in one-year senior bank CDS are extremely rare and regarded as a sign of distress. Major Greek banks traded at similar levels during the country’s debt crisis. “People will be questioning how well the bank is actually being run, particularly in the aftermath of the various scandals it’s been involved in recently,” said Joanna Ford, a restructuring partner at Cripps. Investors “will still be very concerned by the fact that it needed to borrow the money in the first place,” she said, referring to its funding lifeline with the Swiss National Bank.

 

Credit Suisse didn’t immediately reply to a request for comment. Support from the SNB, which offered as much as 50 billion Swiss francs ($54 billion) from its liquidity facility, had brought some temporary relief to Credit Suisse and risk gauges for the broader European banking sector. That fizzled, especially after European Central Bank Vice President Luis de Guindos told finance ministers on Tuesday that some European Union banks could be vulnerable to rising interest rates. The lender’s 1.305% dollar-denominated bond due 2027 plunged by 15.5 cents to 56.5 cents, trading at spreads of about 1,900 basis points — a level associated with distress. Several other of its bonds fell by about 10 cents on the dollar and the debt continued to weaken after the European Central Bank delivered a planned half-point increase in interest rates.

 

Meanwhile, senior unsecured euro-denominated bonds due March 2029 reversed earlier gains, dropping about 2 cents on the euro to trade at 69 cents, according to data compiled by Bloomberg. The declines follow record losses in the debt on Wednesday. Credit Suisse bonds were among the most active in Thursday US credit trading. Its bond due 2028 had the most volume.

https://www.bnnbloomberg.ca/credit-suisse-bonds-sink-deeper-into-distress-as-hopes-fade-1.1896435