Ukraine and Russia: What you need to know right now

Ukraine’s President Volodymyr Zelenskiy, Turkish President Tayyip Erdogan and U.N. Secretary-General Antonio Guterres attend a meeting, amid Russia’s attack on Ukraine, in Lviv, Ukraine August 18, 2022. Ukrainian Presidential Press Service/Handout via REUTERS

August 19 (Reuters) Explosions erupted overnight near military bases deep within Russian-held areas of Ukraine and in Russia itself, an apparent display of Kyiv’s growing ability to wreak havoc on Moscow’s logistics far from front lines. read more

DIPLOMACY

  • Russian President Vladimir Putin warned his French counterpart Emmanuel Macron that shelling of the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine, which he blamed on Kyiv, could result in a large-scale disaster. According to Macron’s office, Putin agreed to an International Atomic Energy Agency mission to the plant. read more
  • U.N. Secretary-General Antonio Guterres said that the electricity generated at the power plant belonged to Ukraine and demanded that principle be fully respected. Russian foreign ministry earlier rejected his calls for the plant’s demilitarization. read more
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    The United States is preparing about $800 million of additional military aid to Ukraine and could announce it as soon as Friday, three sources familiar with the matter said. read more

FIGHTING

  • At least four explosions hit an area near the Russian Belbek military airport north of Sevastopol in annexed Crimea on Thursday, three local sources said, but a pro-Moscow official said no damage had been done. read more
  • Seventeen people were killed and 42 wounded in two separate Russian attacks on the northeastern Ukrainian city of Kharkiv, the regional governor said on Thursday while five rockets hit the city early on Friday killing at least one person, he said. read more
  • The residents of two villages in southern Russia near the Ukrainian border were evacuated after a nearby ammunition storage depot caught fire but no one was hurt, an official said. read more
  • Blasts at the Saky air base in the annexed Crimean peninsula earlier this month have put more than half of the Russian Black Sea fleet’s naval aviation combat jets out of use, a Western official said. read more
  • Russia’s Black Sea Fleet is set to receive 12 new vessels alongside additional aviation and land-based vehicles in 2022, newly appointed commander Vice Admiral Viktor Sokolov said on Friday, state-owned TASS news agency reported. read more
  • Reuters could not confirm battlefield reports independently.

ECONOMY

Ukraine’s economy could contract 35-40% by the end of the year, Economy Minister Yulia Svyrydenko said on Friday. The country’s economic output shrunk by over 15% in the first quarter.

A panel of investors determined Ukraine’s two-year sovereign debt freeze agreed with creditors last week, justified payment of default insurance known as Credit Default Swap (CDS).


Disclaimer :- This story has not been edited by The Sen Times staff and is auto-generated from news agency feeds.
Source: Reuters