Commodities and Futures News

Russia set to annex Ukraine territory; West warns of new sanctions

2022.09.28 23:08


5/5

© Reuters. Firefighters and Ukrainian army soldiers search for bodies of people killed during a Russian attack, among the remains of a building beside a TV tower, in the recently liberated town of Izium, Kharkiv region, Ukraine September 28, 2022. REUTERS/ Zohra Be

2/5

By Jonathan Landay

ZAPORIZHZHIA, Ukraine (Reuters) – Russia was poised to annex a swath of Ukraine within days, releasing what it called vote tallies showing overwhelming support in four provinces to join it, after what Ukraine and the West denounced as illegal sham referendums held at gunpoint.

On Moscow’s Red Square, a stage with giant video screens has been set up, with billboards proclaiming “Donetsk, Luhansk, Zaporizhzhia, Kherson – Russia!”

The head of the upper house of the Russian parliament said it could consider the incorporation of the four partially occupied regions on Oct. 4, three days before President Vladimir Putin’s 70th birthday.

The Russian-installed administrations of the four provinces have formally asked Putin to incorporate them into Russia, which Russian officials have suggested is a formality.

“This should happen within a week,” Rodion Miroshnik, the Russia-installed ambassador to Moscow of the self-proclaimed Luhansk People’s Republic, told the RIA state news agency

“The main thing has already happened – the referendum has taken place. Therefore, let’s say: the locomotive has already started and it’s unlikely to be stopped.”

To annex the territories, which represent about 15% of Ukraine, some sort of treaty will need to be struck and ratified by the Russian parliament, which is controlled by Putin allies. The areas will then be seen as part of Russia and its nuclear umbrella will extend to them.

Putin has warned he would use nuclear weapons to protect Russian territory from attack.

‘NOBODY VOTED’

Residents who escaped to Ukrainian-held areas in recent days have told of people being forced to mark ballots in the street by roving officials at gunpoint. Footage filmed during the exercise showed Russian-installed officials taking ballot boxes from house to house with armed men in tow.

“They can announce anything they want. Nobody voted in the referendum except a few people who switched sides. They went from house to house but nobody came out,” said Lyubomir Boyko, 43, from Golo Pristan, a village in Russian-occupied Kherson province.

Russia says voting was voluntary, in line with international law, and that turnout was high. The referendums and notion of annexations has been rejected globally, as was Russia’s 2014 takeover of Crimea from Ukraine.

Ukrainian President Volodymyr Zelenskiy sought to rally international support against annexation in a series of calls with foreign leaders, including those of Britain, Canada, Germany and Turkey.

“Thank you all for your clear and unequivocal support. Thank you all for understanding our position,” Zelenskiy said in a late-night video address.

The United States has unveiled a $1.1 billion weapons package for Ukraine that includes 18 High Mobility Artillery Rocket System (HIMARS) launchers, accompanying munitions, various types of counter drone systems and radar systems. The announcement brings the U.S. security aid to $16.2 billion.

The United States has also said it would also impose new sanctions on Russia for the referendums and the European Union’s executive proposed more sanctions, but the bloc’s 27 member countries will need to overcome their own differences to implement them.

Kremlin spokesman Dmitry Peskov said Russia would need to keep fighting until it had taken control of all of Donetsk. About 40% is still under Ukrainian control.

Russia has announced it will mobilise some 300,000 reservists to bolster its forces in Ukraine. The conscription drive has sent thousands of Russian men fleeing to other countries.

On the ground, Ukraine and Russian forces are engaged in heavy fighting in the four disputed provinces.

Ukraine’s armed forces conducted strikes on Russian forces in four areas near the city of Kherson as part of their counter-offensive, while its aircraft hit six targets, the Ukrainian military’s southern command said.

Reuters was not able to verify battlefield reports.

EUROPEAN ENERGY

Leaking gas bubbled up in the Baltic Sea for a third day after suspected explosions tore through undersea pipelines built by Russia and European partners to send to Europe.

The Nord Stream 1 pipeline, once the main route for Russian gas to Germany, was already shut but cannot now be easily reopened.

NATO and the European Union warned of the need to protect critical infrastructure from what they called “sabotage”, though officials stopped short of assigning blame.

Russia’s FSB security service is investigating the damage to the pipelines as “international terrorism”, the Interfax news agency cited the general prosecutor’s office as saying.

The Nord Stream pipelines have been flashpoints in an expanding energy war between Russia and European countries that has damaged Western economies and sent gas prices soaring.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 92,802.86 3.38%
ethereum
Ethereum (ETH) $ 3,312.43 0.04%
tether
Tether (USDT) $ 0.999177 0.03%
xrp
XRP (XRP) $ 2.17 3.42%
bnb
BNB (BNB) $ 680.61 3.71%
solana
Solana (SOL) $ 185.15 1.75%
dogecoin
Dogecoin (DOGE) $ 0.311452 1.90%
usd-coin
USDC (USDC) $ 1.00 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,302.72 0.26%
cardano
Cardano (ADA) $ 0.87709 2.05%
tron
TRON (TRX) $ 0.249515 0.95%
avalanche-2
Avalanche (AVAX) $ 36.72 1.17%
chainlink
Chainlink (LINK) $ 22.42 0.66%
the-open-network
Toncoin (TON) $ 5.48 1.54%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,940.24 0.04%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 0.53%
sui
Sui (SUI) $ 4.28 2.21%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 92,749.85 3.24%
stellar
Stellar (XLM) $ 0.352838 2.05%
polkadot
Polkadot (DOT) $ 6.96 0.25%
hedera-hashgraph
Hedera (HBAR) $ 0.268894 1.36%
weth
WETH (WETH) $ 3,312.05 0.03%
hyperliquid
Hyperliquid (HYPE) $ 26.48 10.65%
bitcoin-cash
Bitcoin Cash (BCH) $ 441.97 2.28%
leo-token
LEO Token (LEO) $ 9.28 0.62%
uniswap
Uniswap (UNI) $ 13.59 2.88%
litecoin
Litecoin (LTC) $ 101.85 0.96%
pepe
Pepe (PEPE) $ 0.000018 1.21%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,494.23 0.06%
near
NEAR Protocol (NEAR) $ 5.09 0.66%
ethena-usde
Ethena USDe (USDE) $ 0.999078 0.05%
bitget-token
Bitget Token (BGB) $ 4.02 3.41%
aave
Aave (AAVE) $ 351.30 13.51%
usds
USDS (USDS) $ 0.998298 0.22%
aptos
Aptos (APT) $ 9.20 1.44%
internet-computer
Internet Computer (ICP) $ 10.05 0.19%
crypto-com-chain
Cronos (CRO) $ 0.155061 1.36%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.473612 1.48%
ethereum-classic
Ethereum Classic (ETC) $ 26.18 0.21%
mantle
Mantle (MNT) $ 1.16 1.13%
vechain
VeChain (VET) $ 0.045539 1.47%
render-token
Render (RENDER) $ 7.10 0.33%
mantra-dao
MANTRA (OM) $ 3.69 1.85%
whitebit
WhiteBIT Coin (WBT) $ 24.28 0.95%
monero
Monero (XMR) $ 189.01 1.47%
dai
Dai (DAI) $ 1.00 0.07%
bittensor
Bittensor (TAO) $ 453.34 0.68%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.27 0.39%
arbitrum
Arbitrum (ARB) $ 0.758385 1.09%
ethena
Ethena (ENA) $ 1.02 4.64%