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RUSSIA WARNS OF UKRAINIAN MINES IN BLACK SEA

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By AFP - Agence France Presse
March 19, 2022
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Russia on Saturday warned that mines that Ukrainians had deployed in the Black
Sea against its "military operation" could drift as far as the Straits of
Bosphrous and the Mediterranean Sea.

"After the start of the Russian special military operation, Ukrainian naval
forces had deployed barriers of mines around the ports of Odessa, Ochakov,
Chernomorsk and Yuzhny," the FSB security service said in a statement, adding
that the mines were "dilapidated" and made in the first half of the 20th
century.

Storms have cut cables to some of those mines that are now floating freely in
the western Black Sea, pushed along by wind and the currents, it said.



Given the direction of the currents "the floating of the mines toward the
Bosphrous and then on to the Mediterranean is not excluded", it said.

Since launching its offensive on February 24, Russia has gained control over
large parts of Ukraine's Black Sea coastline.

bur/yad/



The Barron's news department was not involved in the creation of the content
above. This story was produced by AFP. For more information go to AFP.com.
© Agence France-Presse

















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NVIDIA STOCK IS FALLING AFTER EARNINGS. IT’S JUST ONE MORE BIG TECH
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By
Eric J. Savitz and
Sabrina Escobar
Updated May 26, 2022 / Original May 25, 2022
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Nvidia stock was falling after the chip maker provided a softer-than-expected
outlook for its July quarter. The company cited the impact of both reduced
business in Russia and Covid-related manufacturing shutdowns in China.

In March, Nvidia had announced the halt of all product sales in Russia.
Meanwhile, the issues involving Covid-related manufacturing shutdowns in China
are consistent with recent reports from other companies, including both Cisco
Systems (CSCO) and Apple (AAPL).

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