XM does not provide services to residents of the United States of America.

Russia says confrontation with West is unparalleled in history



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-Russia says confrontation with West is unparalleled in history</title></head><body>

Recasts, adds quotes

MOSCOW, Oct 3 (Reuters) -The current confrontationbetween Russia and the West over Ukraine isunparalleled in history and a mistake could lead to catastrophe, a senior Russian diplomat said on Thursday when asked about comparisons to the 1962 Cuban Missile Crisis.

The 2-1/2-year-old Ukraine war, the biggest land war in Europe since World War Two, has triggered a major confrontation between Russia and the West, and Russian officials say it is now entering its most dangerous phase to date.

Russian diplomats have previously invoked comparisons to the 1962 crisis when the Cold War superpowers are considered to have come closest to intentional nuclear war after Moscow secretly put missiles on Cuba.

But Deputy Foreign Minister Sergei Ryabkov told reporters on Thursday: "What is happening has no analogues in the past."

Ryabkov, who oversees arms control and relations with North America, told reporters in Moscow that the danger of an armed clash between the nuclear powers should not be underestimated.

"We are moving through unexplored military and political territory," he said.

Ryabkov said that a mistake at the current juncture could usher in disaster, but questioned whether or not those in the West were able to "sensibly assess the consequences of their course".

Russia has been warning the United States and its allies for weeks that if they give permission to Ukraine to strike deep into Russian territory with Western-supplied missiles, then Moscow will consider it a major escalation.

Ukrainian President Volodymyr Zelenskiy has been urging Kyiv's allies for months to let Ukraine fire Western missiles, including long-range U.S. ATACMS, deep into Russia to limit Moscow's ability to launch attacks.

President Vladimir Putin said on Sept. 12 that Western approval for such a step would mean "the direct involvement of NATO countries, the United States and European countries in the war in Ukraine".

The Kremlin chief has changed Russia's nuclear doctrine to give Russia a slightly lower threshold for using such weapons in response to the situation.

Zelenskiy has urged the West to cross and disregard Russia's so-called "red lines", and some Western allies have urged the United States to do just that. Russia, the world's largest nuclear power, says that is folly.



Reporting by Dmitry Antonov; editing by Guy Faulconbridge and Mark Trevelyan

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.