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Putin will pay ‘dear price’ if Russia invades Ukraine: US President Biden

President Joe Biden said Wednesday he thinks Russia will invade Ukraine and warned President Vladimir Putin that his country would pay a “dear price” in lives lost and a possible cutoff from the global banking system if it does.

Biden, speaking at a news conference to mark his one-year anniversary in office, also said a “minor incursion” by Russia would elicit a lesser response.

He later sought to clarify that he was referring to a non-military action, such as a cyberattack, that would be met with a similar reciprocal response, and that if Russian forces cross the Ukrainian border, killing Ukrainian fighters, “that changes everything.”

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But the comments also hinted at the challenge of keeping the United States and its NATO allies united in their response to Russia. In explaining the minor incursion remark, he said “it’s very important that we keep everyone in NATO on the same page.”

The news conference came at a critical moment in Europe as Russia has amassed 100,000 troops near the Ukrainian border and a series of talks in Europe last week failed to ease tensions.

Secretary of State Antony Blinken will meet with Russian Foreign Minister Sergey Lavrov in Geneva on Friday. On Wednesday, Blinken met with Ukraine’s president in Kyiv and he heads to Berlin on Thursday for talks with allies.

Biden reiterated that he did not think that Putin has made a final decision on whether to invade, but speculated “my guess is he will move in.”

Even after he sought to clarify his comments about a potential NATO response to a “minor incursion” by Russia, the White House moved quickly to make clear that Biden was not telegraphing to Putin that the US would tolerate some military action against Ukraine.

White House press secretary Jen Psaki noted that the Russians could turn to an “extensive playbook of aggression short of military action, including cyberattacks and paramilitary tactics.”

“President Biden has been clear with the Russian President: If any Russian military forces move across the Ukrainian border, that’s a renewed invasion, and it will be met with a swift, severe, and united response from the United States and our allies,” Psaki said in a statement.

As the White House did cleanup, Biden faced a barrage of criticism over the “minor incursion” remark.

“This is the wrong way to view this threat,” said Sen. Rob Portman, R-Ohio, who was part of a bipartisan congressional delegation that traveled to Kyiv over the weekend to meet with Ukrainian officials. “Any incursion by the Russian military into Ukraine should be viewed as a major incursion because it will destabilize Ukraine and freedom-loving countries in Eastern Europe.”

Sen. Ben Sasse, said that Biden effectively “gave Putin a green light to invade Ukraine by yammering about the supposed insignificance of a ‘minor incursion.’”

“He projected weakness, not strength,” Sasse said.

If Russia invades, Biden said that one action under consideration was limiting Russian transactions in US financial institutions, including “anything that involves dollar denominations.”

Biden was referring to potentially limiting Russia’s access to “dollar clearing,” the conversion of payments by banks on behalf of clients into US dollars from rubles or other foreign currency, according to a senior administration official who was not authorized to comment publicly.

The US president said he believes the decision will “solely” be Putin’s and suggested he was not fully confident that the Russian officials with whom top White House advisers have been negotiating are fully informed about Putin’s thinking.

“There’s a question of whether the people they’re talking to know what he’s going to do,” Biden said.

Ukraine, meanwhile, said it was prepared for the worst and would survive whatever difficulties come its way. The president urged the country not to panic.

Russian military activity has been increasing in recent weeks, but the US has not concluded whether Putin plans to invade or whether the show of force is intended to squeeze the security concessions without an actual conflict.

Biden, who spoke with Putin twice last month, said he’s made it clear to him that Russia would face severe sanctions. Still, he said the decision for Putin could come down to “what side of the bed” he wakes up on.

“He’s never seen sanctions like the ones I promised will be imposed if he moves, No. 1,” Biden warned. “This is not all just a cake walk for Russia,” Biden said. “They’ll pay a stiff price immediately” and in the medium and long term “if they do it.”

In Kyiv, Blinken reiterated Washington’s demands for Russia to de-escalate the situation by removing its forces from the border area, something that Moscow has flatly refused to do. And, Blinken said he wouldn’t give Russia the written response it expects to its security demands when he and Lavrov meet in Geneva.

Meanwhile, a top Russian diplomat said Moscow would not back down from its insistence that the US formally ban Ukraine from ever joining NATO and reduce its and the alliance’s military presence in Eastern Europe. Deputy Foreign Minister Sergei Ryabkov said Moscow had no intention of invading Ukraine but that its demands for security guarantees were non-negotiable.

The US and its allies have said the Russian demands are non-starters, that Russia knows they are and that Putin is using them in part to create a pretext for invading Ukraine, which has strong ethnic and historical ties to Russia. The former Soviet republic aspires to join the alliance, though has little hope of doing so in the foreseeable future.

Blinken urged Western nations to remain united in the face of Russian aggression. He also reassured Ukraine’s leader of NATO support while calling for Ukrainians to stand strong.

Blinken told Ukrainian President Volodymyr Zelenskyy that the US and its allies were steadfast in backing his country and its democratic aspirations against Russian attempts to incite division and discord through “relentless aggression.”

“Our strength depends on preserving our unity and that includes unity within Ukraine,” he told Zelenskyy. “I think one of Moscow’s long-standing goals has been to try to sow divisions between and within our countries, and quite simply we cannot and will not let them do that.”

The Biden administration had said earlier it was providing an additional $200 million in defensive military aid to Ukraine. Blinken said more assistance is coming and that it would only increase should Russia invade.

Washington and its allies have kept the door open to possible further talks on arms control and confidence-building measures to reduce the potential for hostilities.

Ryabkov insisted, however, that there can’t be any meaningful talks on those issues if the West doesn’t heed the main Russian requests for the non-expansion of NATO with a formal response. He said the Russian demands are “a package, and we’re not prepared to divide it into different parts, to start processing some of those at the expense of standing idle on others.”

Blinken, though, said no such formal response was coming. “I won’t be presenting a paper at that time to Foreign Minister Lavrov,” he said. “We need to see where we are and see if there remain opportunities to pursue the diplomacy and pursue the dialogue.”

Read more:

US senators work on bipartisan bill to aid Ukraine

Ukrainian president thanks US for help during ‘difficult time’

US confirms extra $200 million in Ukraine security aid following Blinken's visit

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Almarai signs an MoU with the Authority of People with Disabilities to train and employ them.

Almarai Company signed a memorandum of understanding with the Authority of People with
Disabilities to train, qualify and employ persons with disabilities. This came on the sidelines of
the First International Labor Market Conference, organized by the Ministry of Human Resources
and Social Development on December 13 – 14, 2023, at the King Abdulaziz Convention Center
in Riyadh.

The memorandum was signed by the Chief Human Resources Officer of Almarai Company,
Fahad Mohammed Aldrees, and the CEO of the Authority of People with Disabilities, Dr.
Hisham bin Muhammad Al-Haidari.

“This agreement comes within the framework of the company’s social responsibility program, as
Almarai employs more than 500 people with disabilities, which is one of the most suitable work
environments for them.” Fahad Aldrees said. Pointing out that Almarai has the “Silent Line”,
which is one of its production lines that is designated for people with hearing disabilities.

It is worth mentioning that Almarai supports over 300 charity organizations annually across the
kingdom that operate in the field of community development.

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Central Phuket Shopping Center Prepared Surprises This Christmas & New Year 2024

Central Phuket Shopping Center, the luxury lifestyle landmark o Phuket, invites everyone to celebrate Christmas and New Year 2024 in The Great Celebration 2024 Campaign. Joining hands with global partner ‘The Pokémon Company’, Central Phuket bring over Pokémon, the super cute character popular around the world, for all locals and international fans. The special campaign launch presents a procession of cute ‘Pikachu’ alongside with the giant Christmas tree for the first time in Thailand.
This December, Central Phuket prepared many activities for shoppers when visiting Phuket! Experience the “Surprise of the Day” with free Cotton Candy for our little ones, a sweet and fluffy treat, a special gift from Central Phuket. Bring your kids to enjoy this sweet treat every Saturday and Sunday throughout the month of December. Don’t miss the Christmas Carol that
everyone loves, little Santas spread freshness by singing together in the Christmas Carol activity. Plus, Christmas Live Music, the festival of joy is back! Celebrate Christmas in a luxurious and classy atmosphere, enjoying the music that will bring us joy. Also, there will be Christmas Troop, Santa Claus is coming to town! The Santa troop will spread happiness throughout Central Phuket. Lastly, Cake Workshop, workshop activity with Chef Sebastien’s IRON CHEF Thailand teaching how to make Christmas Vanilla Cake. A special activity for the Christmas season. Moreover, Central Phuket provides special promotion exclusively for international tourists throughout December 23 – January 24 including:

1) Get Free! Tourist welcome discount package valued up to THB 10,000.
2) Receive THB 100 Gift voucher when spending up to THB 2,500 per receipt.
3) Get to buy ‘Happy Holiday Collections’ special price: Pokémon 2-in-1 pillow blanket, tumbler, travel bag set, and keychain. Visit redemption counter for the price.
4) Exclusive for Grab Users get discount code up to 25% off* when traveling to participating Central Shopping Centers.
5) Receive famous Elephant Pants when spending over THB 5,000 in shopping center.
6) Get Free! H&M THB 100 gift voucher when booking any accommodations in Phuket with Agoda. Terms and conditions apply.

Central Phuket is a home of global luxury brands such as Alexander McQueen, Balenciaga, Ermenegildo Zegna, Gucci, Hermès, Louis Vuitton, and Saint Laurent. Exclusive for this season, Louis Vuitton launches a pop-up store located at Central Phuket. The design is inspired by the story of Damier or Checkerboard, the brand’s signature pattern. This classic pattern was created by Louis
Vuitton and his son Georges Vuitton in 1888 and has always been part of the design of Maison’s iconic items and concepts. Find clothes, shoes, bags, and accessories for men at the Pop-up Store from Louis Vuitton at Central Phuket, 1st floor, from today until 31 March 2024. And with over 500 renowned fashion brands and lifestyle shops ranging from local to international
well-known brands covering all categories, international shoppers will be able to find what they are looking for in Central Phuket.
Central Phuket is located in the heart of one of the world’s most famous beach cities, Phuket and await to welcome both locals and international visitors this holiday. Also, don’t miss one of the most joyful New Year Count Down events in Phuket city at Central Phuket Shopping Center on December 31, 2023.

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Saudi Fund for Development Provides $100 Million Development Loan for the Rogun Hydropower Project

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E. Kahhorzoda Fayziddin Sattor, through which SFD is contributing $100 million USD to fund the Rogun Hydropower Project, a landmark initiative that will enhance energy,
food, and water security, and foster sustainable development in the country. The signing was attended by the Ambassador of the Kingdom of Saudi Arabia to the Republic of Tajikistan, H.E. Waleed Al-Reshiadan, and the Ambassador of Tajikistan to Saudi Arabia, H.E. Akram Karimi, alongside other officials from both sides. SFD’s development loan will help contribute towards a more sustainable and equitable food and water future for Tajikistan, while driving the country’s energy transition and climate resilience. The project aims to contribute to the national energy security and will help advance sustainable
development in the Republic of Tajikistan, by providing the renewable electricity supply to meet local demand and expand electricity production domestically and regionally, producing 3600 MW of energy. The loan agreement will also finance the construction of a 335-meter-tall dam, which will enhance irrigation capabilities and bolster agricultural activities across the country. Additionally, the project will improve flood protection through the construction of four hydraulic
tunnels for diversion and drainage. It will also provide clean and drinkable water to people through desalination, and help advance socio-economic development, by creating both direct and indirect jobs.
Importantly, this project also supports the realization of the UN Sustainable Development Goals (SDGs); specifically, SDG 2, Zero Hunger, SDG 6, Clean Water and Sanitation, and SDG 7, Affordable and Clean Energy.
On this occasion, the CEO of SFD, H.E. Sultan Al-Marshad, said: “Today’s signing marks a major milestone in our shared journey towards a more sustainable future. With this landmark development loan, SFD is not just supporting Tajikistan’s energy future, but also its sustainable development and the well-being of its people. The Rogun Hydropower Project is a beacon of
hope for a bright future that is powered by clean, renewable energy. It will propel Tajikistan towards environmental stewardship and prosperity.”

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