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Stock impact report

Russia sinks space nuke ban at UN amid rumors of Putin's orbital weapon [FOX News]

Graham Holdings Company (GHC) 
Company Research Source: FOX News
A U.S.-led resolution that would prevent using nuclear weapons in outer space received dozens of co-sponsors, but Russia vetoed the measure amid reports it has deployed a weapon that can destroy satellites. "The detonation of a nuclear weapon in space would destroy satellites that are vital to communications, agriculture, national security, and more worldwide, with grave implications for sustainable development, and other aspects of international peace and security," the U.S. Mission to the United Nations wrote in a press release prior to the vote. "The diverse group of cosponsors of this resolution reflects the strong shared interest in avoiding such an outcome," the statement read. "We join these Member States in calling on the Security Council to meet this moment today and adopt the resolution unanimously, consistent with its mandate to maintain international peace and security." The U.S. and Japan presented the resolution to the U.N. Security Council for a vote on Wednesday Show less Read more
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