Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Ukraine and Russia: What you need to know right now

Global Jun 09, 2022 17:12
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
5/5 © Reuters. A man walks past a mural painted in honour of the Azov Regiment in Kyiv, Ukraine June 8, 2022. REUTERS/Marko Djurica 2/5

(Reuters) - The battle for the Ukrainian city of Sievierodonetsk is brutal and will determine the fate of the Donbas region, the country's president said, as Russian troops lay waste to the city in an assault aimed at controlling eastern Ukraine.

FIGHTING

* "This is a very brutal battle, very tough, perhaps one of the most difficult throughout this war," Ukrainian President Volodymyr Zelenskiy said in a video statement on Wednesday.

"Sievierodonetsk remains the epicentre of the encounter in Donbas ... Largely, that is where the fate of our Donbas is being decided now," he added. nL1N2XV28Y]

* Russian forces control most of the strategic city of Sievierodonetsk and are heavily shelling the twin city of Lysychansk, causing major damage, the governor of Luhansk region said.

* Russia denies targeting civilians and has rejected allegations of war crimes.

* Two Britons and a Moroccan who were captured while fighting for Ukraine could face the death penalty after pleading guilty in a court of one of Russia's proxies in eastern Ukraine, Russia's RIA news agency reported.

* Western-supplied artillery systems are already making a difference on the ground for Ukraine and it is "just a question of time" before its forces win back significant ground in the south, the governor of the Mykolaiv region said.

DIPLOMACY

* Turkey has been trying to broker negotiations to open up Ukraine's Black Sea ports. Foreign Minister Mevlut Cavusoglu hosted Russian Foreign Minister Sergei Lavrov on Wednesday and said a U.N.-backed deal on the ports was possible with further talks.

* Lavrov said Ukraine would have to remove mines from its ports to allow them to reopen.

* Lavrov said a meeting between Russian President Vladimir Putin and Ukraine's Zelenskiy could happen only after peace talks resume.

* Zelenskiy told a Yale University summit of business leaders by video link on Wednesday that he believes Russia will not seek a diplomatic end to the war unless the world supports Ukrainian troops in their fight.

POLITICS

* The United States and China are expected to use Asia's top security meeting this week to trade blows over everything from Taiwan's sovereignty to the war in Ukraine, although both sides have indicated a willingness to discuss managing differences.

* Russia's proxies in occupied parts of Zaporizhzhia province announced plans to stage a referendum on joining Russia at an unspecified date later this year.

ECONOMY

* Russia's Rosneft is holding back on signing new crude oil deals with two Indian state refiners, three sources with knowledge of the matter said, as it has committed sales to other customers.

A lack of new term supply deals indicates that Russia has managed to keep exporting its oil despite increasing pressure from Western sanctions to choke off Moscow's revenues.

Ukraine and Russia: What you need to know right now
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email