Putin Spokesman Said Western Talk That Prigozhin Was Killed On Kremlin Orders Is Absolute Lie
Portfolio Pulse from Charles Gross
A spokesman for Russian President Vladimir Putin has dismissed Western claims that Yevgeny Prigozhin, a businessman with close ties to the Kremlin, was killed on Putin's orders, calling them an 'absolute lie'.
August 25, 2023 | 10:16 am
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NEUTRAL IMPACT
The news may not have a direct impact on SPY as it is a broad-based ETF tracking the S&P 500, and the news is more political than economic.
SPY is a broad-based ETF that tracks the S&P 500. The news is more political than economic and does not directly affect the companies in the S&P 500. Therefore, the impact on SPY is expected to be minimal.
CONFIDENCE 80
IMPORTANCE 10
RELEVANCE 10
NEUTRAL IMPACT
The news may have a minor impact on VGK, an ETF that tracks European stocks, due to potential geopolitical tensions.
VGK is an ETF that tracks European stocks. The news may cause minor geopolitical tensions, which could potentially affect European markets and, by extension, VGK. However, the impact is expected to be minor as the news is more political than economic.
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 20