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Assault on Donbas Begins in Earnest

RUSSIA
  • The Russian assault on the Donbas regions in eastern Ukraine has begun in earnest, according to Ukrainian authorities, with shelling and troop movements in the area signalling a protracted conflict.
  • Nonetheless, conflict across the country persisted over the weekend, with Kyiv reporting several missile strikes in the Western city of Lviv - just 70km east of the Polish border. The strikes are said to have resulted in a number of fatalities, and show that no part of the country is exempt from the Russian invasion despite the pullback of Russian forces into eastern territories.
  • Yesterday, the Kremlin stated that talks with Ukraine are continuing on an 'expert' level, but there remain few signs of progress. On gas payments, Moscow have stated that there remains time for payments to switch to RUB, with some settlements expected in May.
  • Putin is due to meet with his Armenian counterpart Pashinyan in Moscow today (no set time), while a state energy committee holds a meeting on supporting the domestic energy sector amid sanctions.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

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