June 27, 2022

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Ukraine Update: Zelenskiy Says Russia is Slowly Leaving North

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(Bloomberg) — Russian troops are slowly leaving parts of Ukraine’s north, President Volodymyr Zelenskiy said in a video address. The U.K. said Russia troops have withdrawn from Hostomel airport near Kyiv, which they captured in the first days of the invasion. 

The U.S. is sending another $300 million in military and medical assistance to Ukraine, including Switchblade dive-bombing drones. President Joe Biden’s administration will help allies move Soviet-made tanks to Ukraine to support its defenses, the New York Times reported.

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President Xi Jinping said China finds the situation in Ukraine “deeply regrettable.” Xi held a virtual summit Friday with European Union leaders, who said they expect Beijing at the very least not to interfere with sanctions imposed on Russia. A call between Chinese President Xi and Ukrainian President Volodymyr Zelenskiy is just a matter a time, according to a Chinese diplomat.

(See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.)  

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All times CET:

EU Not ‘Doomed to Recession’ Because of War, Gentiloni Says (10:24 a.m.) 

The war in Ukraine certainly means a slowdown in economic growth for Europe, but a recession isn’t inevitable, EU Commissioner for Economy and Financial Affairs Paolo Gentiloni told reporters…

Bloomberg News

2022-04-02 03:26:05

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