Russia Calls for Prevention of ‘Full-Scale World War III’ — Official Warns ‘World Tensions Are White-Hot’
A top Russian official has urged all countries to make efforts to ensure that the “threat of global confrontation, of a hot, full-scale World War III” does not materialize. “World tensions are white-hot indeed,” he warne...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A top Russian official has urged all countries to make efforts to ensure that the “threat of global confrontation, of a hot, full-scale World War III” does not materialize. “World tensions are white-hot indeed,” he warned.
Russian Official: Full-Scale World War III Should Not MaterializeThe deputy chairman of Russia’s Security Council, Dmitry Medvedev, urged all countries to make efforts to avoid the outbreak of a new, full-scale global conflict Tuesday while addressing participants in the Znanie (Knowledge) educational marathon.
“I cannot say what the last straw, what the trigger may be. But it may happen at some point,” he was quoted by Russian news outlet Tass as saying. The official emphasized:
We all need to work to ensure that this threat of global confrontation, of a hot, full-scale World War III should not materialize.
Commenting on the current conflict between Russia and Western countries, he stressed that Russia has no desire to see a war break out.
However, he said: “But world tensions are white-hot indeed.”
Noting that he and his friends “used to talk about confrontation with the United States, about confrontation between the Warsaw Pact and the North Atlantic Alliance,” the Russian official stressed:
Back then it seemed like some kind of hypothetical, far-fetched and impossible scenario. But I can’t say that now, however sad this may sound.
Russian President Vladimir Putin’s press secretary, Dmitry Peskov, said this week that anti-Russia sanctions will have a detrimental impact on the global economy, with the potential to spark a global economic crisis. To reduce its dependence on the USD after the U.S. seized about $300 billion of its foreign reserves, Russia is pushing for the BRICS to gain global influence. The BRICS nations (Brazil, Russia, India, China, and South Africa) are also working on creating a currency.
What do you think of the Russian official’s statement about World War III? Let us know in the comments section below.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Strategy dips on bad MSCI World Index news
Strategy’s stock price dipped 4% in after-hours trading yesterday as traders speculated about its removal from the MSCI World Inde...
Russia Will Soon Ban Peer-to-Peer Bitcoin Trading, Central Bank Confirms
Russians have until July 1, 2027 to buy and sell crypto directly with each other. After that, every trade runs through a broker or...
Institutions managing €800 billion ask what crypto tokens actually earn
Brendan Ma, head of investment strategy at the Arbitrum Foundation, said he met with representatives of institutions managing abou...
Ripple Prime launches 24/7 swaps on real-world assets via Hyperliquid platform
Ripple Prime's 24/7 swaps could boost institutional blockchain adoption, potentially enhancing Hyperliquid's market value and appe...
US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report
Bitcoin Magazine US Hoovers up Bitcoin While the World Runs on Its Digital Dollars: Report America is accumulating bitcoin while e...
Russia’s central bank bans Bitcoin transfers to self-custody wallets
The Bank of Russia bans transfers from regulated accounts to self-custody wallets as Sberbank wins approval to offer crypto exchan...