Ukraine’s Zelenskyy offers prisoner swap with Moscow; over 3,000 criminal proceedings opened against Russian military

Ukraine’s Zelenskyy offers prisoner swap with Moscow; over 3,000 criminal proceedings opened against Russian military


Russia’s appointment of Army General Alexander Dvornikov to lead the war in Ukraine “represents an attempt to centralise command and control,” the U.K.’s Ministry of Defense said in its daily defense intelligence update on Twitter, following weeks of slow progress and botched operations for Russian forces.

Dvornikov has commanded troops in Syria and eastern Ukraine, and is credited with stabilizing Syria’s Assad regime via a campaign of bombing urban and civilian areas to create as much damage as possible.

Ukrainian President Volodymyr Zelenskyy is offering a prisoner swap with Russia, saying he will hand over captured Putin ally Viktor Medvedchuk in exchange for Ukrainians detained by Russian forces, many of whom have been forcibly taken to Russia.

President Joe Biden meanwhile has called Putin’s actions in Ukraine a “genocide,” and economists predict a potential financial shock for Europe over the rupture in trade with Russia, particularly if that rupture involves Germany.



Source

Global bank stocks sell off as fears mount over bad loans
World

Global bank stocks sell off as fears mount over bad loans

LONDON – Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square. Dan Kitwood | Getty Images News | Getty Images Banking stocks across the globe sold off on Friday, as fears […]

Read More
Trump puts Russia on notice over Ukraine as two leaders prepare to meet
World

Trump puts Russia on notice over Ukraine as two leaders prepare to meet

Russian President Vladimir Putin watches with binoculars the Tsentr-2019 military exercise at the Donguz range near Orenburg city on September 20, 2019. Alexey Nikolsky | Afp | Getty Images Russia was an indirect beneficiary of the war in Gaza in that it distracted the U.S. and other Western countries from its ongoing war in Ukraine. […]

Read More
Credit concerns reach European markets as bank stocks slide 2.8%
World

Credit concerns reach European markets as bank stocks slide 2.8%

European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region. The Pan-European Stoxx 600 was 1.5% lower at 8:26 a.m. in London (3:26 a.m. ET), with all major indexes and sectors in negative territory. The U.K.’s FTSE index was 1.5% lower, France’s CAC 40 was down […]

Read More