Russia bringing more forces on rotation and may attempt further advances, Ukraine say
Russia is bringing more forces on rotation and may attempt further advances, Ukrainian Interior Ministry adviser Vadym Denysenko said on Sunday.
In a televised address, Mr Denysenko said Russia has started destroying Ukrainian fuel and food storage depots, meaning the government will have to disperse the stocks of both in the near future.
Russia calls its actions in Ukraine a “special operation” while another missile attack left the western city of Lviv covered in plumes of smoke on Saturday.
Four missiles hit the outskirts of Lviv, just 60km from the Polish border, local officials said, damaging the infrastructure but no deaths were reported.
As Ukraine continues to fight Russia for over a month now since the invasion began on 24 February, a visibly irritated Ukrainian President Volodymyr Zelensky again demanded Western nations send military hardware and asked whether they were intimidated by Moscow.
“We’ve already been waiting 31 days. Who is in charge of the Euro-Atlantic community? Is it really still Moscow, because of intimidation?”
Russia bringing more forces on rotation and may attempt further advances, Ukraine says (msn.com)
Quote:
Who is in charge of the Euro-Atlantic community?
Well it certainly isn't you, clown boy.
Turkey says world cannot 'burn bridges' with Moscow
Turkey and other nations must still talk to Russia to help end the war in Ukraine, Turkey's presidential spokesman said on Sunday, adding that Kyiv needed more support to defend itself.
NATO member Turkey has good relations with both Russia and Ukraine and has sought to mediate in the month-long conflict.
"If everybody burns bridges with Russia then who is going to talk to them at the end of the day," Ibrahim Kalin told the Doha international forum.
"Ukrainians need to be supported by every means possible so they can defend themselves ... but the Russian case must be heard, one way or the other," so that its grievances could be understood if not justified, Kalin added.
Ukrainian President Volodymyr Zelenskiy has urged the West to give his country tanks, planes and missiles to fend off Russian forces. The West has responded to Russia's invasion by slapping sweeping economic sanctions on Moscow.
Ankara says Russia's invasion is unacceptable but opposes the Western sanctions on principle and has not joined them.
Turkey's economy, already strained by a December currency crisis, relies heavily on Russian energy, trade and tourism, and since the war began on Feb. 24 thousands of Russians have arrived in Turkey, seeing it as a safe haven from the sanctions.
Ahmet Burak Daglioglu, head of Turkey's investment office, told the forum separately that some Russian companies were relocating operations to Turkey.
Asked on a panel about Turkey doing business with any people which could be of benefit to President Vladimir Putin, he said: "We are not targeting, we are not chasing, we are not pursuing any investment or capital that has a question mark on it."
Two superyachts linked to Russian billionaire Roman Abramovich have docked in Turkish resorts.
Western governments have targeted Abramovich and several other Russian oligarchs with sanctions as they seek to isolate Putin and his allies over Moscow's invasion of Ukraine.
Turkey says world cannot 'burn bridges' with Moscow (msn.com)
Ukraine says Russia wants to split nation
Well, sure they do. I think the real question is where do they intend the borders to be?
Ukraine says Russia wants to split nation (msn.com)
Paying for Russian gas in roubles is ‘unacceptable’, says G7
Paying for Russian gas in roubles would be unacceptable, Group of Seven (G7) countries have reiterated, with German Economy Minister Robert Habeck saying this recent demand showed Russian President Vladimir Putin’s back was “against the wall”.
“All G7 [energy] ministers agreed that this is a unilateral and clear breach of the existing agreements,” said Habeck, whose country holds the presidency of the G7 most industrialised nations.
“Payment in roubles is not acceptable and … we call on the companies concerned not to comply with Putin’s demand,” he said on Monday.
Putin announced last week that Russia would only accept payments in roubles for natural gas deliveries to “unfriendly countries”, which includes all European Union members.
Economists said the move appeared designed to try to support the rouble, which has collapsed against other currencies since Russia invaded Ukraine on February 24 and Western countries responded with far-reaching sanctions against Moscow. But some analysts expressed doubt that it would work.
Asked by reporters earlier on Monday if Russia could cut natural gas supplies to European customers if they reject the demand to pay in roubles, Kremlin spokesman Dmitry Peskov said in a conference call that “we clearly aren’t going to supply gas for free.”
“In our situation, it’s hardly possible and feasible to engage in charity for Europe,” Peskov said.
Putin’s ‘back against the wall’
The move comes as Moscow struggles to prop up its economy in the face of debilitating sanctions imposed by the West over his invasion of Ukraine.
“I think we must interpret this demand as Putin having his back against the wall,” Habeck told reporters following a virtual meeting with his G7 counterparts.
The G7 bloc consists of Britain, Canada, France, Germany, Italy, Japan and the United States.
French President Emmanuel Macron on Friday rejected Putin’s gas-for-roubles demand.
The Russian move “is not in line with what was signed, and I do not see why we would apply it,” Macron said.
Like other European countries, Germany is racing to reduce its heavy reliance on Russian energy imports in the wake of the Ukraine war.
Germany has to wean itself off Russian oil, gas and coal “in order not to strengthen the regime”, Habeck said, and because Moscow has revealed itself to be “an unreliable supplier”.
Berlin was quick to pull the plug on the massive Nord Stream 2 gas pipeline with Russia in protest over Putin’s aggression.
But the German government has so far resisted calls to impose an embargo on Russian energy imports, saying that to do so could plunge Europe’s biggest economy into chaos.
Paying for Russian gas in roubles is ‘unacceptable’, says G7 (msn.com)
G7 = Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
Rouble hits one-month high vs dollar, Russian stocks regain ground
The Russian rouble strengthened to a more than one-month high in Moscow trade on Tuesday, firming past 88 to the dollar, while stocks regained some ground in the fourth session since trading resumed after a near month-long suspension.
The Russian market is gradually reopening after a suspension caused by sweeping Western sanctions that followed the beginning of what Russia calls "a special operation" in Ukraine on Feb. 24.
By 0914 GMT, the rouble was up 2% against the dollar at 88.00, having earlier touched 87.40, its strongest since Feb. 28. It lost 0.3% to trade at 96.89 versus the euro after briefly clipping a one-month high.
In offshore trade, the rouble was marginally weaker, hovering at 89.75 to the dollar on the EBS electronic platform.
Two powerful drivers - Russia switching to roubles for gas export payments and exporting firms being mandated to convert 80% of their foreign currency earnings into roubles - are supporting the Russian currency, said Iskander Lutsko, chief investment strategist at ITI Capital.
"The market now really depends on progress in negotiations between Russia and Ukraine," Lutsko said of the Russian stock market, as the two sides met for face-to-face talks in Turkey.
Full Article- Rouble hits one-month high vs dollar, Russian stocks regain ground (msn.com)