There have never been any exports of military weapons to Russia, nor are there plans to do so, said an unnamed North Korean vice director of national defense who oversees military equipment. But the Kim regime asserted its "lawful right" to export and import military equipment, along with developing, producing and possessing such weaponry, the unnamed official said in a state-media statement published Thursday local time.
Escalating Threats From Russia on Ukraine Roil U.N. Meeting
UNITED NATIONS-Russian President Vladimir Putin's threat of a nuclear response to battlefield losses in Ukraine fueled a new sense of urgency ahead of Thursday's United Nations Security Council meeting as member states work to diffuse the escalating crisis and question whether the longstanding differences among permanent members have become an impediment to global security.
The U.S. and its allies are working to shore up support among countries to take a stand against Moscow's latest moves as world leaders gathered this week for the first entirely in-person United Nations General Assembly since the start of the pandemic. Mr. Putin's recent move to mobilize as many as 300,000 reservists and annex occupied parts of Ukraine, and his nuclear threats, make tensions at this year's gathering appear more acute than at previous meetings.
Government Wins Appeal on Mar-a-Lago Classified Documents
WASHINGTON-An appeals court late Wednesday granted the Justice Department's request to retain control of the classified materials seized at former President Donald Trump's Mar-a-Lago resort and continue its criminal investigation into the handling of those documents, in a big win for the government.
In a 29-page decision, the 11th Circuit U.S. Court of Appeals in Atlanta lifted an earlier order from a federal judge who had barred federal agents from using roughly 100 classified documents seized as part of its probe into whether any national-security risks had been posed by the way the highly sensitive government material was being held at Mr. Trump's Florida home.
Joe Manchin Releases Bill to Speed Up Energy Projects as Lawmakers Balk
WASHINGTON-Sen. Joe Manchin (D., W.Va.) on Wednesday released the full details of his permitting-overhaul bill aimed at speeding up the approval process for energy-related projects across the country.
The 91-page proposal would accelerate timelines for environmental reviews of major energy projects such as pipelines, transmission lines and wind farms. It would set a two-year target for the duration of the most detailed category of review required by the federal government's National Environmental Policy Act.
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Vecima Networks 4Q
Economic Indicators (ET):
0830 Aug New Housing Price Index
0830 Jul Employment Insurance
Expected Major Events for Thursday
05:00/JPN: Aug Steel Production
05:00/JPN: Aug Supermarket sales
05:30/JPN: Aug Tokyo area department store sales
05:30/JPN: Aug Nationwide department store sales
06:45/FRA: Sep Monthly business survey (goods-producing industries)
08:30/UK: 2Q Business Finance Review
08:59/JPN: Japan Monetary Policy Meeting decision
11:00/UK: 3Q Agents' Summary of Business Conditions
11:00/UK: UK interest rate decision
12:30/US: 2Q International Transactions
12:30/CAN: Aug New Housing Price Index
12:30/CAN: Jul Employment Insurance
12:30/US: 09/17 Unemployment Insurance Weekly Claims Report - Initial Claims
12:30/US: U.S. Weekly Export Sales
13:00/RUS: Weekly International Reserves
14:00/US: Aug Leading Indicators
14:30/US: 09/16 EIA Weekly Natural Gas Storage Report
15:00/US: Sep Federal Reserve Bank of Kansas City Survey of Tenth District Manufacturing
20:30/US: Federal Discount Window Borrowings
20:30/US: Foreign Central Bank Holdings
23:01/UK: Sep UK Consumer Confidence Survey
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Expected Earnings for Thursday
AAR Corp (AIR) is expected to report $0.58 for 1Q.
Accenture PLC (ACN) is expected to report $2.56 for 4Q.
Applied Genetic Technologies Corp (AGTC) is expected to report $-0.33 for 4Q.
CalAmp (CAMP) is expected to report $-0.24 for 2Q.
Costco Wholesale Corp (COST) is expected to report $4.19 for 4Q.
Darden Restaurants (DRI) is expected to report $1.56 for 1Q.
Dynatronics Corp (DYNT) is expected to report for 4Q.
Factset Research Systems (FDS) is expected to report $2.76 for 4Q.
FedEx Corp (FDX) is expected to report $3.67 for 1Q.
IBEX Limited (IBEX) is expected to report for 4Q.
Radiant Logistics (RLGT) is expected to report $0.32 for 4Q.
Scholastic Corp (SCHL) is expected to report for 1Q.
Vecima Networks (VCM.T) is expected to report for 4Q.
Webco Industries Inc (WEBC) is expected to report for 4Q.
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ANALYST RATINGS ACTIONS
Arista Networks Raised to Overweight From Equal-Weight by Barclays
Arthur J Gallagher & Co Cut to Neutral From Overweight by Piper Sandler
Cisco Systems Cut to Equal-Weight From Overweight by Barclays
Estee Lauder Raised to Buy From Neutral by Goldman Sachs
HF Sinclair Cut to Equal-Weight From Overweight by Wells Fargo
Micron Technology Cut to Neutral From Buy by Mizuho
Oxford Industries Raised to Neutral From Sell by Citigroup
PBF Energy Raised to Overweight From Neutral by JP Morgan
Pulse Biosciences Cut to Hold From Buy by Maxim Group
Renovacor Cut to Neutral From Buy by BTIG
Sotera Health Cut to Underweight From Overweight by JP Morgan
Stitch Fix Cut to Hold From Buy by Canaccord Genuity
Western Digital Cut to Neutral From Buy by Mizuho
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
September 22, 2022 05:39 ET (09:39 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.