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Analysts See Russia Taking ‘Operational Pause’ in Ukraine

RUSSIA
  • Associated Press cite foreign policy analysts as seeing Russia taking an ‘operational pause’ in Ukraine, temporarily easing the efforts on the offensive in eastern Ukraine in order to reassemble forces ahead of a potential new assault on key eastern regions. The analysis follows Putin’s claims that Russia “haven’t even started” to fight yet. The policy analysts cited included the Washington based Institute for the Study of War, who cite Russia claiming no territorial gains on Wednesday for the first time since the beginning of the invasion.
  • The Ukrainian foreign minister addressed the G20 summit virtually on Friday, but after being present for the morning’s deliberations, Russian foreign minister left the talks before the Ukrainian address could begin, according to diplomatic sources.
  • Elsewhere at the G20 meeting, China’s foreign minister Yi told Lavrov that China will continue holding an “objective and just” position on the Ukraine invasion, adding that China will focus on de-escalating the tensions via promotion of peace talks. Yi and Lavrov subsequently agreed to further expand bilateral cooperation and jointly safeguard common interests of developing countries, according to Xinhua.
  • President Putin is today due to be holding a government meeting to focus on the energy sector of the economy. The deputy PM Novak and the Gazprom CEO Miller are both due to speak. Later in the day, the finance minister Siluanov makes an appearance at the Federation Council.
  • June inflation data crosses later today and is expected to show CPI dipped 0.3% on the month, slowing the Y/Y rate to 16.0%.
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