Live: Zelensky links Donba’s fate to battle over Severodonetsk

The fight for the Ukrainian city of Severodonetsk is brutal and will determine the fate of the Donbas region, said President Volodymyr Zelensky, as Russian troops devastated the city in an attack aimed at controlling eastern Ukraine. Follow ’s live coverage of the war in Ukraine. All times are Paris time (GMT + 2).

06:18: Ukrainian farmers fear that grain may be wasted because exports are blocked

If the war in Ukraine threatens a global food , it is not so much a lack of grain as an inability to export it. In the region, the silos are full, the price per cubic meter for storing agricultural stocks has reached unreasonable prices and farmers no longer know where to store the harvest they were about to sell abroad when the war broke out. 24’s Jean-Emile Jammine reports:

03:55: “Donba’s fate” is decided in Severodonetsk, says Zelensky

Volodymyr Zelensky Severodonetsk called the “epicenter” the battle of the Donbas.

“This is a very hard fight, very hard, perhaps one of the most difficult during the whole war,” he said in his nightly video address, which was recorded on the street outside his office in Kyiv.

He said the Ukrainian army was defending its positions and inflicting heavy losses on Russian forces.

“In many ways, this is where the fate of our Donba is decided,” Zelensky said.

Governor Serhiy Haidai acknowledged the difficulty of fighting Russian forces and said: “We may have to withdraw, but fighting is currently going on in the city.”

“Everything the Russian army has – artillery, grenade launchers, tanks, aircraft – they use all of this in Severodonetsk to wipe out the city from the face of the earth and capture it completely,” he said.

02:40: Millions injured when war in Ukraine raises prices, says UN

A UN report says that the war in Ukraine is increasing the suffering of millions of people by escalating food and energy prices, which come on top of diseases from a growing financial crisis, the effects of Covid-19 pandemic and climate change.

The report of UN Global Crisis Management Group released on Wednesday says the war “has exacerbated a global cost-of-living crisis that has not been seen for at least a generation” and that it undermines the UN’s goal of ending extreme poverty around the world by 2030.

The group was appointed by the Secretary-General Antonio Guterres to assess the effects of ’s invasion of Ukraine on 24 February.

Guterres says the report clarifies that “the impact of the war on , energy and finance is systemic, serious and accelerating.”

00:29: Sanctions wipe out 15 years of economic gains in Russia, the report shows

Sanctions imposed on over the invasion of Ukraine rolls back more than a decade of economic progress and three decades of integration with the West, according to an analysis Wednesday.

But economists at the Institute for International Finance warn that the effect is a “moving target” as more sanctions are added, and Russia could take revenge, especially on energy.

The damage will make it more expensive for Russian President Vladimir Putin to continue the war, but sanctions do not like “choosing a switch”, IIF economist Elina Ribakova told reporters.

In its latest analysis, the IIF predicts that Russia’s economy will shrink by 15 percent this year and another three percent in 2023.

The “economic warfare” is to “renew its economy”, and the authors of the report note that “some of the most meaningful consequences have not yet been noticed.”

IIF Executive Vice President Clay Lowery said assessing whether the penalties imposed on Russia were effective depended on what governments were trying to achieve.

“If success hurts the economy … then it’s definitely a certain effect,” and it is likely to increase, he told reporters.

But sanctions do not have “a good track record” of driving major political change, he said.

(FRANCE24 with REUTERS, AP and AFP)

Live: Zelensky links Donba's fate to battle over Severodonetsk

Originally published on France24

Live: Zelensky links Donba's fate to battle over Severodonetsk

Source: sn.dk

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