Interest rates: European Central Bank sets record hike to fight inflation

London CNN Business — The European Central Bank raised interest rates by a record three-quarters of a percentage point on Thursday and promised more action to come as it struggles to contain the inflationary fallout of the invasion of Ukraine by Russia and the ensuing energy crisis. This decision will bring the reference rate of … Read more

Ukrainian forces begin to ‘shape’ battlefield for counteroffensive, senior US officials say

CNN — Ukrainian forces began “shaping up” operations in southern Ukraine to prepare the battlefield for a major Ukrainian counteroffensive, two senior U.S. officials briefed on the intelligence told CNN. Make-up operations are standard military practice prior to an offensive and involve striking weapons, command and control systems, ammunition depots, and other targets to prepare … Read more

August 26, 2022 Russia-Ukraine News

French oil and gas giant TotalEnergies announced on Friday that it has completed the sale of its stake in a Russian company producing jet fuel. The comment follows the publication on Thursday of an article by the French newspaper The World reporting that the “French oil and gas giant and its local partner Novatek manage … Read more

Zaporizhzhia nuclear power plant disconnects from power grid after nearby fires

Kyiv, Ukraine CNN — Ukraine Zaporizhzhia nuclear power plantwhich is held by Russian forces, was completely disconnected from the power grid for the first time in its history on Thursday, according to the country’s nuclear operator. The complex was disconnected on Thursday due to fires in nearby ash pits, causing the last remaining power line … Read more

Ukraine: Kyiv displays captured tanks on Independence Day as Ukrainians cast wary eye on Russia

Kyiv, Ukraine CNN — Ukraine’s Independence Day, which Wednesday marks 31 years since the country voted to break with the Soviet Unionis expected to be a grim affair as officials warn that Russia could carry out missile attacks on Ukrainian cities. While previous years have been marked by celebrations and parades, Wednesday’s commemoration comes exactly … Read more

Americans urged to leave Ukraine amid fears of further Russian attacks

CNN — The US government urges Americans to Ukraine leave the country immediately, warning that Russia intensifies its efforts to launch attacks against civilian infrastructure and government installations ahead of Ukraine’s Independence Day. Wednesday anniversary – which commemorates 31 years since Ukraine severed ties with the Soviet Union – also marks six months since Russia’s … Read more

Zaporizhzhia: Interior of Ukrainian power plant raises specter of nuclear disaster in Europe

Kyiv, Ukraine CNN — Every day, Olga is transported by bus from her home in the Russian-occupied town of Enerhodar on the banks of the Dnipro River in southeastern Ukraine to the nearby town Zaporizhzhia nuclear power plant where she works. The plant, the largest such nuclear complex in Europe, is at the center of … Read more

Pentagon admits sending previously undisclosed anti-radar missiles to Ukraine

CNN — The Pentagon announced on Monday that the United States had sent anti-radar missiles for Ukrainian planes to target Russian radar systemsmarking the first time the Department of Defense has acknowledged sending the previously undisclosed missile to Ukraine. Colin Kahl, Undersecretary of Defense for Policy, told a press briefing that the United States had … Read more