US Says Russian Army Slowly Crippling To Sanctions: ‘Putin’s Is Going Down’

Published

2 years ago

February 18, 2023

admin

A top U.S. official said the Russian army is facing difficulties because of sanctions imposed by the West on Moscow for its invasion of Ukraine.

What Happened: Alan Estevez, Under Secretary of Commerce for Industry and Security, said that export controls have slowly reduced the supply of materials that the Kremlin needs to rebuild its war machine.

Estevez said Moscow is working hard to evade those controls but the goods that are being smuggled in can only replace some of what it needs. Evasion techniques are not going to get you the scale you need to reconstitute your military over time.

See Also: Russia Slams US For Nord Stream Pipelines Destruction, Demands Proof Of Non-Involvement

Estevez said the Industry and Security Agency, which oversees U.S. export restrictions, has seen that Russias chip imports have dropped by nearly 70% and that bigger items are even harder to get through.

Although, according to Estevez, the sanctions and export controls on Russia would work over time, not at once. Its not a guillotine, he said.

Over time, Putins war machine is going to be crippled, and as we continue to supply arms to Ukraine, their military capability is going up and Putins is going down, he said.

Hungarian-American billionaire George Soros said Putins defeat in the Ukraine war would dissolve the Russian empire.

"The countries of the former Soviet Union can hardly wait to see the Russians defeated in Ukraine because they want to assert their independence," said Soros.

Check out more of Benzingas Europe and Asia coverage byfollowingthis link.

Environment

BYD is offering free car insurance on select EVs in new end-of-year sales promo

Published

3 hours ago

December 26, 2024

admin

BYD is offering free car insurance on select EVs in new end-of-year sales promo

China’s EV leader wants to close the year strong with a new sales promotion. BYD is now offering free car insurance on certain EVs ahead of the upcoming Chinese New Year. Will it be enough to take the global EV sales crown in 2024?

BYD offers free insurance on some EVs to boost sales

With a record 506,804 NEVs (EV and PHEV models) sold in November, BYD has now had two straight months with over 500,000 in vehicle sales.

The EV giant has no plans to slow down. On Thursday, BYD announced its latest “New Year GO New Car” sales promotion on its Weibo page.

From today, December 26, 2024, through January 26, 2025, BYD is offering free car insurance on select PHEVs and EVs in its Ocean and Dynasy lineups. The promo includes several top-selling EVs, including the Dolphin, Seal, and Sea Lion 07.

Through the first 11 months of 2024, BYD sold nearly 3.76 million NEVs, including 1.56 million all-electric models. The promo comes as BYD is in a tight race with Tesla for the global EV sales crown for 2024.

Through September, Tesla delivered 1.3 million EVs compared to BYD’s 1.17 million. Since Tesla doesn’t report monthly sales numbers, we will have to wait until the end-of-year numbers come out to determine who will take the EV sales crown in 2024.

BYD-Seagull-cheapest-EV — BYD Seagull (Source: BYD)

The Seagull EV, BYD’s cheapest electric car starting under $10,000, was once again China’s best-selling vehicle last month after topping the Tesla Model Y. BYD sold 56,156 Seagull EVs last month alone in China.

Although the global EV sales race between BYD and Tesla is heating up into the end of the year, the Chinese EV leader is quickly outselling some of the largest global automakers.

BYD sold more vehicles globally than Nissan and Honda in the third quarter, and it is now closing in on Ford.

FTC: We use income earning auto affiliate links. More.

Sports

Sources: DeSean Jackson near deal to coach DSU

Published

3 hours ago

December 26, 2024

admin

Sources: DeSean Jackson near deal to coach DSU

ESPN News Services

Dec 26, 2024, 05:13 PM ET

Former Philadelphia Eagles star wide receiver DeSean Jackson and Delaware State are finalizing an agreement for him to become the program’s next head coach, sources told ESPN’s Pete Thamel on Thursday.

Jackson did an on-campus interview in recent days, and the sides are expected to come together to complete the deal in the near future. According to a source, it has always been a dream of Jackson’s to coach at a historically Black college or university (HBCU). That dream could be a reality in the near future.

The 38-year-old would replace Lee Hull, who was dismissed earlier this month after two disappointing seasons, including a 1-11 showing this year.

The news was first reported by Victory Formation Media.

Jackson, who officially retired as a member of the Eagles after the 2023 season, made the Pro Bowl in three of his eight seasons with the team. He became the first player in NFL history to earn Pro Bowl honors at two positions — kick returner and wide receiver. He played 15 years overall and had stints with the Los Angeles Rams, Washington, Tampa Bay, Baltimore and Las Vegas, but he is best known for the six-year run in Philadelphia at the start of his pro career.

In 95 career games with the Eagles, he ranks third all time in receiving yards (6,512), sixth in receptions (379) and ninth in receiving touchdowns (35). As a punt returner, he finished second in punt returns (132), third in punt return yards (1,296) and is tied for the team’s all-time lead in punt return touchdowns with four.

Information from The Associated Press was used in this report.