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Ukraine Retakes Key Territories, Russian Forces Pushed Back Close to Border

RUSSIA
  • Ukraine’s forces continued their rapid advance in the Kharkiv region on Sunday, exploiting an extraordinary collapse of Russian defenses, Bloomberg report. Unconfirmed reports overnight suggested Kyiv’s troops had taken Velykyi Burluk, a town about 90 kilometers east of Kharkiv and not far from the Russia-Ukraine border. Russia’s Defense Minstry on Sunday published a map showing much of the country’s forces out of the Kharkiv region, without commenting further.
  • “We are starting to advance not only to the south and to the east in the Kharkiv areas but also to the north. 50 kilometers is left until we reach the state border,” Ukraine’s top commander Valery Zaluzhnyi said in a Telegram post. The advance represents Ukraine’s biggest victory since they pushed Russian troops away from the capitol Kyiv in March, and the past few days have been termed among the most consequential of the now 200-day invasion, Bloomberg report.
  • French President Macron has urged Russia to withdraw weaponry from around the Zaporizhzhia nuclear power plant during a “frank exchange” with President Putin on Sunday. Macron “insisted on the need to ensure the safety” of the plant, according to a readout from his office. “He reiterated that the Russian occupation was the cause of the risks” surrounding Zaporizhzhia, Europe’s largest nuclear power plant, Bloomberg report.
  • The Bank of Russia at a meeting on September 16 is set to continue the cycle of lowering the key rate, but will act more cautiously, according to analysts polled by Vedomosti. The majority - 10 out of 13 - expect the key rate to decrease by 50bp, from 8.00% to 7.50%.
  • Regional elections, judging by the preliminary results, has not brought any surprises to the ruling party, Vedomosti report. Although President Putin has dominated Russian politics for two decades, he has long relied on elections with a semblance of competition to try to legitimise the rule of his United Russia party, The New York Times say.
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