An attack on a Polish village on the frontier with Ukraine killed two people late on Tuesday, sparking fears of a major escalation between the Nato group of countries and Russia.
Polish President Andrzej Duda said there were "many indications that it was an air defence missile that unfortunately fell on Polish territory," and that it was not thought to be an intentional Russian attack.
On Wednesday, President Biden used stronger language, telling Nato partners that the fatalities were caused by a stray Ukrainian air defence missile but that Russia was to blame, due to the intensity of its missile barrage on Tuesday.
Russia has launched missile attacks from occupied areas of Ukraine since it invaded in February. It has also fired them from its neighbouring ally Belarus, and from aircraft and ships in the Black Sea.
It is not the first time since Russia invaded Ukraine that objects have entered Nato airspace. In March, a six-tonne unmanned reconnaissance drone streaked across Eastern Europe and crashed in the Croatian capital Zagreb.
Nato nations have so far supported Ukraine — a non-member state — with weapons and financial aid, but have drawn the line at sending it the longest range missile systems and advanced fighter jets and refused to support Ukraine’s calls to set up an air defence zone over its airspace.
An article 5 invocation from Nato member Poland could lead to a deeper involvement of the organisation in the conflict. At the present time Poland has only discussed the possibility of a meeting to discuss Article 4 of Nato's founding treaty, which is less severe than Article 5 and requires a meeting to discuss a "threat to the security of any of the [Nato] parties."
Here's what you need to know:
What is Nato's Article 5?
Poland is a member of Nato. In theory, this means a deliberate attack could trigger Article 5 of Nato’s 1949 founding treaty.
That treaty, according to Nato, represented “a pact of mutual assistance to counter the risk that the Soviet Union would seek to extend its control of Eastern Europe to other parts of the continent”.
Since then, Nato has provided a framework for “collective security,” a concept the organisation says is “at the very heart of Nato’s founding treaty”.
What is Nato's Article 4?
Article 4 of the Nato charter states that "the Parties will consult together whenever, in the opinion of any of them, the territorial integrity, political independence or security of any of the Parties is threatened."
It was invoked by no less than nine East European Nato members including Poland at the onset of the Ukraine invasion. Article 4 meetings have in some cases led to military deployments, including one that resulted in Nato sending air defences to Turkey as the Syrian war escalated in 2012.
Article 4 was also invoked by Poland in 2014 when Russian forces invaded and annexed Crimea. The Polish government said at the time that the purpose of the meeting was to show a unified Nato response to Russia's actions.
When has Article 5 been used?
For many years, following the break-up of the Soviet Union in 1991, critics of Nato have argued that it no longer has a clear reason for existence.
That changed in 2001 after the September 11 terrorist attacks in New York, when the organisation informed the UN that it would invoke Article 5.
Since then, Nato has committed joint forces to Afghanistan and, to a much lesser extent Iraq, in the form of a small training mission to help the Iraqi Army.
But the Ukraine crisis has brought Nato’s original form back to the fore — as a conventional military alliance intended to deter foreign state aggression, rather than terrorism.
This role came into focus in 2014 when Russia annexed the Crimean Peninsula in Ukraine and was accused of supplying separatists in eastern Ukraine with arms.
Russia said that it needed to take security action in Ukraine to push back against Nato expansion — Ukraine is not a member of Nato but began talks about joining in 2008, when it applied to start the Nato Membership Action Plan.
Critics of Russia’s position say that after the break-up of the Soviet Union, Moscow signed a treaty with Europe allowing former member states to join international organisations.
Either way, Nato is once again positioning itself as a powerful military alliance, warning that any attack on a member will provoke the “collective security” response.
“If there is a military attack on Nato territory it would cause the invocation of Article 5, and we would bring the full force of the Nato alliance to bear in responding to it,” US National Security Adviser Jake Sullivan told CBS News.
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How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
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- 4.5 billion years ago: Mars-sized object smashes into the newly-formed Earth, creating debris that coalesces to form the Moon
- 66 million years ago: 10km-wide asteroid crashes into the Gulf of Mexico, wiping out over 70 per cent of living species – including the dinosaurs.
- 50,000 years ago: 50m-wide iron meteor crashes in Arizona with the violence of 10 megatonne hydrogen bomb, creating the famous 1.2km-wide Barringer Crater
- 1490: Meteor storm over Shansi Province, north-east China when large stones “fell like rain”, reportedly leading to thousands of deaths.
- 1908: 100-metre meteor from the Taurid Complex explodes near the Tunguska river in Siberia with the force of 1,000 Hiroshima-type bombs, devastating 2,000 square kilometres of forest.
- 1998: Comet Shoemaker-Levy 9 breaks apart and crashes into Jupiter in series of impacts that would have annihilated life on Earth.
-2013: 10,000-tonne meteor burns up over the southern Urals region of Russia, releasing a pressure blast and flash that left over 1600 people injured.
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.