Ukraine
Battle for Donbas: 3 reasons why Russia is shifting its war machine to east Ukraine
A tank belonging to pro-Russian rebels is seen in separatist-controlled Donetsk, Ukraine on March 11, 2022. Anadolu Agency | Anadolu Agency | Getty Images The “battle for Donbas” looks to be underway in Ukraine, as Russia concentrates its war machine on the eastern region — a major strategic, political and economic target for the Kremlin. […]
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Ukraine says phase two of the war has begun as Russia begins offensive in the Donbas
‘Second phase’ of war has begun, Ukraine’s chief of staff says Russia’s offensive in Ukraine has entered its second phase, a top Ukrainian official said. “Donbas. The second phase of the war has begun, but I will tell you, believe in the Armed Forces,” Andriy Yermak, President Zelenskyy’s chief of staff, said in a Telegram post, […]
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Market will break out of slump due to peaking inflation, Evercore ISI predicts
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to the last time stocks and bonds fell together: 1994. “The market just sort of digested it, and there was a lot of sideways […]
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World Bank slashes global growth forecast to 3.2% from 4.1%, citing Ukraine war
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. Johannes Christo | Reuters WASHINGTON — The World Bank lowered its annual global growth forecast for 2022 on Monday by nearly a full percentage point, down from […]
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Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s war on Ukraine causes a global energy […]
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Ukraine’s major western city of Lviv hit by missiles; Mariupol resistance holds out despite heavy losses. Follow our live updates
Five missile strikes hit Western city of Lviv, civilians killed, officials say Air raid sirens are sounding once again in Ukraine’s western city of Lviv after it was hit by five missile strikes, its mayor said. The strikes killed six people and wounded eight, according to the Lviv regional governor. These are the first major […]
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Moscow claims forces have taken most of Mariupol; Ukrainian fighters given last chance to surrender
Ukrainian fighters in Mariupol told ‘their lives will be spared’ if they surrender Maxar satellite imagery gives an overview of the Azovstal Iron and Steel Works in eastern Mariupol where Ukrainian fighters are believed to be holding out against a Russian takeover of the southern port city. Maxar | Maxar | Getty Images Russia says […]
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How Russia’s war is cutting global auto production
Russia’s invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years. The crisis has shuttered factories in Eastern Europe, and caused spikes in the prices of already precious raw materials. Some factories in Ukraine have tried to keep going amid the invasion. Workers have reportedly had […]
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Zelenskyy appeals for ‘stronger, more destructive’ sanctions; Ukraine infrastructure damage hinders aid efforts
Damaged roads in Ukraine hindering humanitarian aid, UK’s Defence Ministry says Maxar satellite multispectral image shows burning homes in residential area of Chernihiv, Ukraine on March 16, 2022. Satellite image (c) 2022 Maxar Technologies | Getty Images Ukraine’s roads and other infrastructure have been badly damaged by Russian troops, and that is now posing a […]
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Kyiv hit with most powerful explosions heard in weeks; Finland ‘highly likely’ to join NATO. Follow our live updates
Finland ‘highly likely’ to join NATO, minister says Facing a dramatic change in its security assessment and relations with Russia, Finland is ‘highly likely’ to join NATO now, Finland’s European affairs minister Tytti Tuppurainen told Sky News in an interview. “The people of Finland seem to have already made up their mind and there is a […]
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