Ukraine’s new rockets are wreaking havoc on Russia’s army

Ukraine’s new rockets are wreaking havoc on Russia’s army
A sophisticated Himars rocket-launching system of the kind the US is supplying to Ukraine. (Image: Getty)
The Economist
“Russian forward ammunition dumps are quite possibly the most unsafe places in any war zone,” explained an American army handbook published in 2016. Munitions were not stored safely, it noted, and many dated from the Soviet era, close to their expiry dates, creating “a tinderbox ready to explode”. “Priority targeting of these areas will cause a serious logistics strain on the Russian system,” it concluded. Ukrainian generals are now putting that theory to the test.On July 11, a Russian ammunition depot i...

More World

Wanted: Megabank chief willing to work for half pay
World

Wanted: Megabank chief willing to work for half pay

HSBC seeks a global CEO to work for a fraction of the pay of a US bank boss.

Buffett rules out ‘eye-popping’ returns, investors aren’t listening
World

Buffett rules out ‘eye-popping’ returns, investors aren’t listening

As investors gather this weekend, Berkshire is poised to hit a US$1 trillion valuation.

Fed acknowledges inflation setback, holds rates steady
World

Fed acknowledges inflation setback, holds rates steady

Officials approved a plan to slow the ongoing reduction of their US$7.4tn asset portfolio.

McDonald’s seeks to accommodate inflation-weary consumers
World

McDonald’s seeks to accommodate inflation-weary consumers

Burger chain posts slower-than-expected sales growth.