He has now lost feeling in both feet and . February 16, 2022. Don't bet on that. Several Books Suspend Betting on Russian Sports After Ukraine Invasion. Retaliatory sanctions from the West after Crimea stung, but NATO (including its key member the US) did not send troops to Ukraines defence, and many experts say Putin was emboldened. We asked military experts to assess the strengths of Ukraine and Russia should Russia invade. Given that the market can arguably be surprised only in one direction, it's wise to look for hedges," they wrote. US Secretary of State Antony Blinken: One lesson of recent history is that once Russians are in your house, its sometimes very difficult to get them to leave.Credit:AP. Crowds of people celebrate the New Year in Kyiv, Ukraine, on Jan. 1, 2021.Credit:AP/Efrem Lukatsky. Indeed, former Ukrainian minister of defence Andriy Zagorodnyuk argues that accommodations in the past by the West have only emboldened Putin to continue negotiations at gunpoint, ratcheting up the prospect of war. Plus, Russia no longer enjoys the element of surprise. Russia has amassed an estimated 100,000 troops along its border with Ukraine over the past several months. With ECB rate rise bets piling up and four-five Fed rate hikes discounted already for 2022, the euro bounced off 19-month lows against the greenback and German bond yields rose to the highest since 2019. The financial news site accidentally reported that Russia had invaded Ukraine Friday afternoon with a headline on its homepage. In recent months, the Wagner Group of Russian mercenaries has become a prominent force behind the incremental gains Russia has made in Ukraine. Conflict Disinformation. "And that fact alone means that Ukraine is going to win. ", According to a recent study by the American Physical Society, the probability of the U.S. successfully intercepting an incoming North Korean nuclear missile is "low.". Ukraine: US puts 8,500 troops on alert to deploy to bolster Nato video, We dont have a Titanic here: Ukraine plays down threat of Russian invasion, Outrage as Bolsonaro confirms Russia trip despite Ukraine crisis, Putin accuses Nato of ignoring Russias concerns as Ukraine crisis simmers, UKfirms warned over possible Russian cyber-attacks amid Ukraine crisis, Russia remains open but not optimistic over Ukraine talks, Five dead in Ukraine after national guardsman opens fire at military factory, USholds firm on Ukraines right to join Nato in its response to Russian demands, Johnson hints German reliance on Russian gas could affect Ukraine response, USputs 8,500 troops on heightened alert amid fears over Ukraine. While the deployments are unlikely to deter a Russian attack in Ukraine, they are a signal that Nato countries are ready to strengthen their presence in the region. Early Thursday, Ukraine said Russia launched a "full-scale invasion," in which dozens on both sides were killed. "Ukraine lost a lot of people fighting in Donbass and have learned a lot in that time period," said a NATO military intelligence officer who agreed to assess each side's capabilities in exchange for anonymity. Russia's War in Ukraine. Experts said Putin entered the conflict with some very clear political goals: push back . Sign up for notifications from Insider! According to strategists at the Swiss investment banks, it looks that markets have been following the "2014 template" which saw little impact to international assets through Crimea tensions & Russia sanctions. Thus, Russias bid to keep Kyiv out of NATO could result in the Western Alliance becoming a much bigger military problem for Moscow, he said. The war that erupted in eastern Ukraine in 2014 has already left 14,000 dead and an estimated 1.4 million displaced. The current odds are being offered on the use of an "offensive" nuclear weapon are 1-20. "As stout as they might be, there's no level of digging in that can compensate for the Russian advantage in electronic warfare, cruise missiles, and airpower," the former soldier said. Also complicating the picture is the major Russian pipeline Nord Stream 2, which runs under the Baltic Sea to carry gas to Europe. They literally fought for their lives, and this is how I think the Ukrainians would behave. In 2019, in a strange case of life imitating art, the star of a popular TV comedy about an everyday man becoming the Ukrainian president was himself actually elected president of Ukraine. The business also urged customers not to blast other employees over the incident, saying their pub is built on 'love and happiness' and sharing it within the community. Russia's annexation of Crimea in 2014 had very little immediate or durable impact on international prices - at least not compared to the collapse in oil later that year. Petrov said NATO could still do more by heeding the requests made by Ukraine. I think it's bluff, said John Herbst, a former U.S. ambassador to Ukraine, on CNN. Lets look at the current betting markets. The message flashed across screens at the Ukrainian government offices, as days of peace talks between Russia and the West hit an impasse: Be afraid and expect the worst. "I do not see an option that all those sacrifices can be forgotten easily by the Ukrainian political leadership and by Ukrainian people. But it is increasingly overshadowed by the rise of economic superpower China. Shares of Facebook parent Meta surged 14%. Russian President recently addressed nation. These military factors will affect both Biden's and Putin's thinking in the coming days of the continuing crisis. (Two Russian secret-service agents were later convicted in absentia over the thwarted plans, but Montenegro did join NATO.). , updated Well, those people might have to invade Ukraine at some point., In Crimea, where about half the population is ethnically Russian, pro-Putin crowds celebrated the annexation in 2014.Credit:AP. During the defense's cross-examination of E. Jean Carroll, Trump's attorney asked the writer why she "did not scream" when she was "supposedly raped.". In order to better understand the ludicrous improbability of this series of events, we've dug up some odds at the BetMGM Sportsbook that are priced with a 0.1 percent implied probability, which is usually about as long as you can find. "Live: Russia invades Ukraine," read a . No one is offering any guarantees, but a lot of the smart money in Washington is betting that if Russian President Vladimir Putin is clear-eyed about the ramifications of invading Ukraine, odds are hell blink. Russia's aggressive buildup near Ukraine energised Nato into sending more forces to eastern Europe on Monday and led to a plunge on Russian markets, raising the stakes on the Kremlin's bet . Shortly after, Putin was elected as Russias outright president before being re-elected in 2004. US officials believe Russian President Vladimir Putin has decided to invade Ukraine and an attack could take place as soon as next week, as National Security Adviser Jake Sullivan told Americans . "Meanwhile, Ukrainewith the better weapons that we're giving themis able to hit further behind the front lines and take out supplies," Volker said. By "The embarrassment is just going to keep growing over this," Laura Harth, the campaign director at Safeguard Defenders, told Newsweek. And the NFL suspended its ties within Russia, as well. Ukrainian officials say that Moscow is stepping up a destabilization campaign involving cyberattacks, economic . They'd be literally fighting for the survival of their nation and their lives. If Russia invades, Germany, which has historically been reluctant to confront Russia on Ukraine, has hinted it will block the pipeline. Even before talks had begun with the West this month, the Kremlin was emptying its Ukrainian embassy and issuing more than 500,000 passports to Russian separatists fighting in Ukrainian territory (so it can claim to be coming to the defence of its citizens if it invades). This should change. The longer Ukrainian democratic institutions falter, the stronger Moscow can spin the narrative of Ukraine as a failed state. He also said the "other allies have been great," noting the recent equipment supplied by Germany to Zelensky and the continued support from the United Kingdom. odds for Moscow Pro Liga table tennis and the Kontinental Hockey League disappeared on other . Ukrainians were and are defending the freedom of their homeland," he said. Volker said the scenario is unlikely, but it's "certainly possible. That hasn't shaken markets' conviction any, with a RBA rate rise priced for as early as May. Even if an invasion succeeded, Moscow would then have to occupy and subsidize one of the poorest countries in Europe (a nation of . Much would depend on the scale of any incursion and Amundi believes the Russian equity market is still pricing some sort of escalation going further. You can share your thoughts with us at markets.research@thomsonreuters.com, TALKING ABOUT UKRAINE, WHAT ARE THE ODDS? "For Ukrainians, this is not a small scale border conflictthis is a full scale war, a war of independence," he said, adding that he feels the war first began in 2014 when Putin annexed Crimea. Considering how many more missiles Russia has the "idea of an impenetrable shield" against them is "just a fantasy," according to Laura Grego, an MIT academic who co-chaired the report writing team. I believe that no matter what the results of the talks are, Putin will not let Ukraine go: the more that is given in, the more he will want to take later, to restore the empire.. That move would likely infuriate Putin. Understanding the conflict one year on. And for UBS it's time to consider ways to hedge. You know, it's reasonable to ask, 'Why would NATO invite a country into the alliance that's already at war with Russia?' While markets are certainly not pricing war breaking out imminently, the likely outcome of the standoff remains uncertain. See here for a complete list of exchanges and delays. BETTING ON A "VERY UNLIKELY" ECB RATE MOVE (0820 GMT. That's what she said last month but since then, she will have watched robust Q4 economic readings trickle in, including German annual inflation on Monday at 4.9%. Top editors give you the stories you want delivered right to your inbox each weekday. Reserve Bank of Australia governor Philip Lowe stood firm on Tuesday against markets pricing several interest rate rises this year, showing he was adamant that rates would not rise until inflation is "sustainably" within the target range. "There were promises in the beginning of the war and calls for a transition period for closing businesses in Russia. Were sorry, this feature is currently unavailable. As of this writing, Europe wasn't at war over Ukraine, but the situation is fluid. Here's what they recommend looking at for protection. "The 'United West' has never recognized the occupied territories, and this is a correct policy.". "Existing prediction markets on this subject lack functional price discovery mechanisms, and thus are misleading the people; therefore it was deemed necessary to support this market as a public good, in order to provide clarity to society on one of the most pressing issues of the 21st century. On top of the protection that Patriots could provide from an air attack, the Americans could authorize the deployment of an advanced weapons system already in Ukrainian hands, the Javelin anti-tank missile. Putins current popularity within his nation is high by Western standards, but low compared with earlier in his tenure, Thompson wrote in a The sign erected outside The Deck in . U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, a U.S. Treasury's top economist said. All quotes delayed a minimum of 15 minutes. It was not recognised by the West and both Crimea and breakaway rebel provinces in the east now held by pro-Russian separatists have become international no-fly zones. Here's a chart from the Amundi note showing how Russia's 5-year CDS has jumped along the crisis: Ukraine announces plan to boost army as foreign leaders rally read more, RUSSIA-UKRAINE RISKS: LOOKING FOR HEDGES? With Russia at its back, a clutch of NATO countries to the west and the Black Sea on its doorstep, Ukraine has become the epicentre of the Kremlins fight to keep control of eastern Europe. I think that the No. March 7, 202203:17. Updated January 17, 2022 / Original January 14, 2022 Order Reprints Just as it did before seizing Crimea, the Kremlin has also been flooding Ukraine with disinformation ramping up the narrative that Russia must defend against dangerous Ukrainian nationalists. From Putins perspective, the Ukraine question has to be settled.. In September, while announcing a partial mobilization to boost his forces, Putin threatened to use "all defense methods at our disposal" to protect Russian "territorial integrity.". Russias aggressive buildup near Ukraine energised Nato into sending more forces to eastern Europe on Monday and led to a plunge on Russian markets, raising the stakes on the Kremlins bet that it could cajole, extort or force Ukraine into submission. By Shannon Pettypiece. There are still deep cultural ties to Russia, but most Ukrainians consider themselves a separate people. Russia's military, like its population, is more than triple the size of Ukraine's. Read the original article on Business Insider TRENDING Former U.S. But Germany has already indicated its willingness to Vladimir Putin's Ukraine War is a blueprint for genocide. They believe Kremlin saboteurs have already infiltrated Ukraine to sow violence and create a pretext to roll in troops, as Russian state television blasts fake news of a Ukrainian plot against Russia, and Microsoft warns of more malware lying in wait inside Ukrainian networks. The biggest: Neither side is ready to stop . Although it is not exactly known how either country is faring in this tragic war, Russia is certainly the more aggressive and following a recent national broadcast made by Putin, tensions do not look like easing anytime soon. As the war in Ukraine rages and with Kyiv's forces likely to begin a major offensive any day now, . Russian President Vladimir Putin, right, is pictured Thursday during a ceremony in Volgograd, Russia. U.S. economic growth slipped to a 1.1% rate in the first quarter amid still-high inflation and rising interest rates, adding to worries about a possible recession. The U.S. and U.K. officials and media have long been warning against the "imminent" Russian invasion of Ukraine. The sign erected outside The Deck inShepparton, northern Victoria, offering customers the chance to place tabs on the European conflict. When Vladimir Putin sent up to 200,000 soldiers into Ukraine on 24 February 2022, he wrongly assumed he could sweep into the capital, Kyiv, in a matter of days and depose . An Australian bar put up a sign advertising betting on whether Russia would successfully invade Ukraine as hundreds are killed and thousands flee the war.. Bloomberg made a blunder. Ukrainian artist Kovalska, who took part in the Maidan protests, says sanctions should also be imposed on some Ukrainian oligarchs in the pocket of Moscow who profit from the chaos and enduring poverty of a Ukraine under siege. Its part of a so-called Porcupine strategy, laying down resistance as far across Ukraine as possible to make the country so spiky with threats it becomes too difficult for Russia to swallow. Vegas odds on when Putin could exit presidency, plus more Having chosen to invade neighboring country Ukraine earlier this year, Russian president Vladimir Putin continues to find himself . BBC News. Since his landslide win, Volodymyr Zelensky has had mixed reviews, praised for some elements of his pandemic response. Russia is still a formidable military power (the US and Russia hold 90 per cent of the worlds nuclear arsenal between them), and much of Europe relies on it for energy. Russia, without natural borders such as rivers and mountains along its western frontier, sees a sphere of influence over its neighbours as its best defence. The chances of a full-scale invasion are "unfortunately very, very high" at this point, she said. by the Washington-based Institute for the Study of War. President Joe Biden said Friday that he will move US troops to NATO allies in Eastern Europe in the "near term," marking a new phase in the US response to Russia's escalation on the Ukrainian . They believe their neighbours must be weak and neutral while Russia can be a military superpower., If Ukraine does join NATO, it will be afforded the full protections of the alliance member countries will be bound to defend it if it comes under attack. There, the countrys militaries are joined, and people speak Russian more than their own language. I think that's probably the extent of military action, said Stravidis. ", Volker said that when he made his prediction last year in a study published by the Center for European Policy Analysis (CEPA), where he is a distinguished fellow, he was thinking of a Ukraine win "more in terms of not being occupied by Russia.". Retired Adm. James Stavridis, former supreme NATO commander, agreed a full-scale invasion is unlikely. If he never intended to invade Ukraine, he will have received quite a lot while giving up almost nothing.. Anastasia Chernysheva began sharing images of her cakes on social media soon after Russia's invasion of Ukraine last year. The Priscilla nuclear test, part of Operation Plumbbob, 25th June 1957. There's no more sneakers and homemade ammo pouches.". We asked some experts who have studied both militaries for an assessment. Still, US officials have indicated they will treat any incursion at the border seriously. We are reaching the point where continuous Russian and Belarusian military buildup in Europe needs to be addressed by appropriate Nato countermeasures, said Edgars Rinkvis, the Latvian foreign minister, on Monday. Photos of the "shameful" sign from The Deck in Shepparton listing betting odds on the outcome of Russia invading the Ukraine circulated on social media over the weekend.. On Sunday, the bar and restaurant posted an apology to its Facebook page, saying it was an "extremely . Its an old trick of Putins, Horvath says, aggression on the international stage is a way of shifting the focus. Australia is seeking advice about sanctioning Russian President Vladimir Putin and Foreign Minister Sergey Lavrov after sanctions on eight Russian oligarchs close to Mr Putin and 339 members of the Russian parliament were signed off overnight. And that, in turn, has provoked a heavier crackdown from Moscow. This is for your past, present and future.. To quote ECB boss Christine Lagarde, a 2022 rate rise does seem "very unlikely". Ukraine "is a country that's not going to go away," he said. "They already rival the Russian regular army and even have their air force. In a recent poll from Quinnipiac University, 57% of Americans said the U.S. should not send troops into Ukraine if Russia invades, and 54% support Biden's decision to deploy troops to support NATO . The Russian President has made no secret of his imperial ambitions to reclaim the old Soviet states, Besemeres says. In a statement released alongside the Treasury's quarterly borrowing estimates, Assistant Secretary for Economic Policy Ben Harris said that inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic. Some of the cakes were decorated in the yellow and blue of the Ukrainian . Petrov told Newsweek that if Wagner isn't successful in Ukraine, the group "is likely to destabilize the domestic situation in Russia and spark a civil war. Now, some analysts think Ukraine could win the war. An image taken from video provided by the Russian defence ministry press service of a Russian military vehicle en route to military drills in Belarus. at NATO "And they're particularly determined to try to isolate Crimea. "Ukraine has no other option but emerge as victorious," Marran said. Any prolonged war in Ukraine could foster the same kind of domestic backlash resulting from Russias invasion of Afghanistan in the late 1970s because Russians dont like losing their sons to ill-conceived military adventures any more than Americans do.. He was appointed prime minister in August 1999 and following the resignation of Yeltsin, then became acting president just four months later. An Australian bar put up a sign advertising betting on whether Russia would successfully invade Ukraine as hundreds are killed and thousands flee the war. The rebellion revealed a deep rupture in Ukrainian society between those still deeply tied to Russia and those eager to throw off the old Soviet legacy to embrace opportunities from the West. Since that war broke out, about 15,000 people have been killed, including 298 passengers on commercial flight MH17 that was shot down during the fighting in July 2014 (38 of them Australian citizens and residents). The vessel, Advantage Sweet, is operated by a Turkish company and was moving product from Kuwait to Houston. For Russia to create havoc in Ukraine, it may not need to launch an all-out invasion. Three experts who felt in the beginning stages of the war that Ukraine would win spoke to Newsweek about their current predictions. As a result of two poisonings President Putin inflicted on him during trips to Russia in 2015 and 2017, he had already been diagnosed with polyneuropathy. "They have very much improved every aspect of what was in 2014 a rotten organization and can really support troops in the field. What is the Kremlin after? CIA Director William J. Burns rushed to Moscow at the beginning of the month to warn the Russians that an invasion of Ukraine would shatter the Russian economy and void any hope of rapprochement . Speaking to his citizens on the morning of September 21, Russian state TV broadcast Putin addressing the nation and seemingly issuing the West, including the United States of America, with a worrying threat. We are no longer accepting comments on this article. Please note that all of that is not happening because of what we, Russia, do. An about-face would be embarrassing and make the west less likely to listen to his warnings in the future. WASHINGTON The White House believes Russia could launch an invasion of Ukraine at any moment, press secretary Jen Psaki said Tuesday . News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Ukraine says the cyber attack that knocked its government websites offline this month came from Russia, Microsoft has issued a warning more malware is in place in the countrys networks, and on January 10, Ukraine arrested a Russian military intelligence agent allegedly trying to recruit others into terrorist attacks on the Ukrainian city of Odessa. Jamie McIntyre is the Washington Examiners senior writer on defense and national security. News Russia Ukraine Invasion NATO. Vegas Odds is not associated with any professional or collegiate sports affiliations, bodies or teams and all information contained on this site is strictly for entertainment purposes only. Ukraine is not as entangled as neighbouring Belarus is with Russia, for example. Polymarket has been contacted for comment. Donbass was formally part of Ukraine until 2014. Viewers have noticed that Putin does not often move his left arm and hand while addressing the nation promoting suggestions he may be suffering from a serious underlying health condition. Instead of seeking to take over all of the country, including Kyiv, Russia could stop at a larger slice of the east. The Biden administration has made it clear that its response will be limited. For much of eastern Europe, its also a red line. Investors bet Ukraine-Russia war will be averted 4 min read. All that leads to the further escalation of tensions, claimed Dmitry Peskov, the Kremlin spokesperson, on Monday. A full-blown conflict would have bigger consequences. "But then the Ukrainians will go on the counteroffensive with this new Western armor that they're getting. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? Ukrainian troops took part in a military exercise near Kyiv in December. The U.S. is engaging in high-stakes diplomacy as it insists Russia is preparing for a full-scale invasion of Ukraine. Nato itself will continue to be reinforced in a significant way if Russia commits renewed acts of aggression. Ukrainian president Zelensky has said his country is ready to take the necessary decisions to end the war in Donbass. Besemeres points to a long and, frankly, horribly tedious essay Putin himself wrote last year claiming there was no distinction between Ukrainians and Russians; therefore Ukraine could not be its own country. Ukraine now spends about $5 billion a year on its military, almost double what it did before 2014. Battle group deployments at the Pogonovo training area in Voronezh, Russia, near Ukraine on January 19.Credit:Maxar Technologies. In a sign of the evolving tone from Russias neighbours, in early January, NATO Secretary-General Jens Stoltenberg said the organisation would engage in talks with Russia in good faith, but warned: We have troops, we have forces We have the plans to be able to defend, protect all allies to make sure that we preserve peace in Europe.. 'It has been bought to our attention of a extremely disturbing and unprofessional action from one staff member. It might have been a small-scale hack last month, rather than another dreaded wave of power station shutdowns. Many experts have compared Russias focus on Ukraine to Chinas efforts to reclaim Taiwan. Russias demand is this, says Wilson. Surprise visits, probes and detentions come just months after Beijings open-for-business message to global investors. There have also been reports that the 69-year-old suffered serious coughing fits prior to his most recent broadcast, although it is important to note that none of these reports have been confirmed. He can't afford it.. Marran said that when peace does come, he doesn't think it will be as a result of Ukraine giving concessions to Russia. Just days later he formally annexed four Ukrainian provinces, which are partially occupied by Russian forces, placing them under this umbrella. His morning newsletter, Jamie McIntyres Daily on Defense, is free and available by email subscription at dailyondefense.com. Vladimir Putin Russian Ukraine War: Vegas Odds on Russian Presidents Exit Date. FTSE futures are 0.8% up. Ambassador to Ukraine Bill Taylor says he believes there is nearly a "50 percent" chance of a "major war" breaking out in Europe, as fears grow that . The world is still reeling from the pandemic and US President Joe Biden has just overseen a messy withdrawal from Afghanistan. Putin was a little-known secret service chief before he catapulted to power as the strong man launching a bloody war with neighbouring Chechnya. While it might seem a forgone conclusion that Russias more extensive, better-equipped military and superior airpower would quickly prevail in a blitzkrieg strike across the border, the war could be bloody and costly. A Russian invasion of Ukraine would be a humanitarian catastrophe and a disaster for Ukraine, for Russia, for Europe and the world, says Horvath. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Russia is "very likely" to invade Ukraine and might only be deterred by "enormous sanctions", the chair of the US House intelligence committee said on Sunday. forced out of the northern Kharkiv province, SCOTUS Now Just Another Congressional Committee, Secret Chinese Police Stations in Europe Are 'Tip of the Iceberg', Trump's Attorney Just Blew Carroll Rape Case, King Charles Says Royals Require 'Acting Ability', Ukraine Will Regain 'Significant Territory' From Russia, Florida GOP Paves the Way to Help Ron DeSantis Challenge Trump. The currencies traded at multiyear lows in the last week of January. This has set the stage for mass atrocities in the country as the Russian invasion runs into the reality of a hostile Ukraine. Instead, they suggest Putin is more likely engaged in strategic misdirection while he plots his preferred, wily, and more subtle next move.. Now, they know, Coffey said. Those wishing to bet can transfer crypto into Polymarket "outcome shares," which can be redeemed in dollars if your bet is successful. [And] if youre Poland or a member of a Baltic state, youre terrified.. I don't think, however, it will happen. Key figures of the Belarusian government who have abetted Russia and the invasion will also be targeted. President Joe Biden is due to have an awkward chat with Vladimir Putin tomorrow morning. It is especially true as Putin already violated Ukraines sovereignty in 2014 by illegally annexing Crimea and supporting Russian separatists who now effectively control Ukraines eastern Donbas region. However, he called on Western businesses to stop contributing financially to Russia's economy while the war continues. Then, in late 2013, when Ukraines then pro-Kremlin president Viktor Yanukovych refused to sign up to a trade association with the European Union, street protests in Kyiv erupted into what became known as the Maidan (after the citys central square where protesters set up barricades). Ukrainian troops outside Donetsk, February 1, 2022. Moscows dubious diplomacy and unprecedented buildup along the Ukrainian border, including in neighbouring Belarus, had already convinced many security analysts that the Kremlin is seeking a war. Activists hold posters during a SayNOtoPutin rally in Kiev, Ukraine, on January 9, 2022.Credit:AP. Brian Nelson . Many military experts with decades of experience even said Ukraine could fall within a matter of days, not weeks. With 120,000 Russian troops now arrayed along the Ukrainian border, officials in Washington and Kyiv are anxiously signaling that a nearly seven-year-old frozen conflict could heat up once again .
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