RBNZ's Breman says further hikes may extend to restrictive territory
RBNZ Governor Breman said further rate hikes are likely and may reach restrictive territory, citing NZ dollar weakness and imported inflation.
Russian satellites shadowed a Finnish satellite; Germany warns similar tactics could affect Starlink and civilian users.
Four Russian military satellites have trailed a Western spacecraft used to supply intelligence to Ukraine. Germany's space commander now says the same methods could be applied to Elon Musk's Starlink, possibly affecting users far from the war zone.
During May, four Russian military satellites tracked a Finnish satellite that sends battlefield imagery to Ukrainian forces.
Major General Michael Traut, who commands Germany's space operations, characterized the Russian satellites as 'chasing' the Finnish one. He expects Starlink could face analogous behavior.
Germany's space commander cautioned that Russia might degrade Starlink's capabilities without launching any projectile, adding that ongoing support for Ukraine carries a heavy price for SpaceX.
— Eva Fox (@EvaFox) October 9, 2026
Maj. Gen. Michael Traut, leading German Space Command, informed Reuters about Russia's maneuvering of four satellites.
Traut cautioned that Moscow might employ 'grey-zone' methods to disrupt Starlink without triggering a direct armed conflict.
He outlined a hypothetical situation:
Each avoidance burn uses fuel. Repeated such actions could reduce the operational lifespan of satellites and harm internet connectivity, even for civilians not in Ukraine.
This danger is still theoretical. No Russian debris attack against Starlink has been reported.
But the earlier incident involving ICEYE was factual. The Finnish firm attempted to shift its satellite out of the Russians' path, yet they kept tracking it.
This is remarkable... Russia appears to be menacing a commercial satellite that delivers imaging services to Ukraine. Beginning roughly two weeks ago, Russia began steering five of its classified satellites into the same orbital inclination as the ICEYE satellite.
— Christian Keil (@pronounced_kyle) May 27, 2026
According to Western officials, Russian meddling with satellite systems has grown since the 2022 invasion of Ukraine. They point to instances of satellite trailing and ground-based signal interference.
Moscow has cautioned that commercial satellites aiding Ukraine might be considered legitimate targets. Neither Russia's defence ministry nor SpaceX, which operates Starlink, replied to Reuters' requests for comment.
Germany is working on inspection satellites and evaluating space-based weapons that could interfere with adversary spacecraft without destroying them. The German military has also commissioned dozens of satellites to reinforce NATO's eastern side.
This event highlights a rising worry for Western governments. Their armed forces depend more and more on commercial satellite systems, yet accountability for safeguarding those systems stays ambiguous.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
RBNZ Governor Breman said further rate hikes are likely and may reach restrictive territory, citing NZ dollar weakness and imported inflation.
Morgan Stanley's chief US economist expects the Fed to hold rates but signal further hikes, with dissents and energy costs as key factors.
The RBNZ held its cash rate in a 4-3 vote that wrong-footed markets, citing weak demand, and argued more hikes remain probable.
RBA Governor Bullock calls inflation 'far too high' after hot Q3 CPI, signalling a possible November rate hike.