Latest in Ukraine: Biden promises $3 billion; Johnson visits Kyiv

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(Bloomberg) — U. S. President Joe Biden announced a $2980 million package of weapons and gadgets for Ukraine on the sixth anniversary of the Russian invasion, the largest stretch of U. S. security. U. S. to date.

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The announcement came as Ukraine celebrates the anniversary of its independence from the Soviet Union in 1991. Outgoing British Prime Minister Boris Johnson made his third unannounced stop in Kyiv on Wednesday since the war began, as U. S. diplomats warned that Russia is preparing to take a step. increase attacks on Ukraine’s infrastructure and government facilities.

Russian Defense Minister Sergei Shoigu said Kremlin forces had intentionally halted their offensive to limit civilian casualties. Meanwhile, police arrested the former mayor of the Russian city of Yekaterinburg for “discrediting” Moscow’s military after criticizing the war, the Tass news service reported.

(See RSAN in the Bloomberg terminal for Russia’s sanctions panel. )

Key developments

Six months of Putin’s war reveal the symbol of the Russian superpower

India will tell us that Russia’s oil price cap needs consensus

Biden’s $2. 98 Billion Ukrainian Weapons Target Long-Term

The British Johnson promises drones to Ukraine on unforeseen events to Kyiv

Natural fuel in Europe jumps as blackouts worsen Russia’s threat

Germany to deliver more than $500 million in aid to Ukraine

Russian LNG plant cancels shipment to Asian customer due to payment issues

Russia’s Debt Revival Has a Reserved Position for Yuan Bonds

On the floor

Airstrike alarms sounded in Ukraine on Wednesday as Russia stepped up missile strikes and rocket artillery fire on the country’s Independence Day, army officials said on Facebook. One of Wednesday’s missile strikes killed an 11-year-old boy in the Dnipropetrovsk region. The Ukrainian military shot down a Russian drone over Vynnytsia in the interior of the country, Deputy Presidential Chief of Staff Kyrylo Tymoshenko said on Telegram. President Volodymyr Zelenskiy said Russia had carried out a fatal attack on an exercise station in the Dnipro region.

(All CET schedule)

Zelenskiy says Russia carried out a fatal attack on the station (8:47 p. m. )

Ukrainian President Volodymyr Zelenskiy said Russia hit Chaplin station in the Dnipro region and hit a passenger train.

He said in a virtual appearance before the UN Security Council that “four wagons are on fire, at least 15 other people are killed and about 50 people are injured. The death toll may rise. This is how Russia prepares for UN Security. “Council meeting.

Usa. US says Russia is about to hold ‘fictitious’ elections (19:56)

U. S. intelligence has found that Russia plans to bring forward elections in Ukraine’s disputed regions in the coming days, according to National Security Council spokesman John Kirby.

Russian leaders have called on officials to start preparing for elections in Donetsk and Luhanksk and that the first announcement of a vote could take place later this week, Kirby told reporters without detailing the evidence supporting the intelligence services’ conclusion. He said reports showed that Russian officials feared there would be low voter turnout in those elections and were devising communication methods to fight this prospect.

“What the Russians must do is that since they are suffering flagrantly from Ukraine’s internal geographical gains, they seek to play this through false political means by organizing a fake referendum to give the appearance of legitimacy to their occupation,” Kirthrough said. Who said Biden planned to call Ukrainian President Volodymyr Zelenskiy on Tuesday.

Russian coal exports by sea are paralyzed (5:38 p. m. )

Russian coal exports were halted thanks to a European Union ban on entities in the 27-nation bloc that ship fuel around the world.

Suek JSC, Russia’s largest thermal coal miner, has been unable to ship fuel since mid-August, according to other people familiar with the scenario who asked not to be named because the matter is private. The insurance and reinsurance markets are governed by European, British and Swiss companies, making it difficult for shipment owners to find coverage, the resources said.

Zelenskiy warns of breaking Ukraine’s momentum (4:35 p. m. )

Any effort to seek a pause in the standoff would threaten to slow Ukraine’s momentum and weaken the unity of the nation’s allies, President Zelenskiy said at a joint news conference with Johnson in Kiev, responding to the hypothesis about war fatigue.

“It’s to freeze the clash and say let’s wait a year, two or 3, and let’s start talking next,” Zelenskiy said. “It’s giving up the initiative. ” The allies will have to keep company despite the difficulties ahead, adding next winter a possible nuclear catastrophe, the blockade of the Black Sea and the risk of famine, the Ukrainian leader said.

Rosatom talks about iaea to Zaporizhzhia nuclear power plant (16:00)

Rosatom CEO Alexei Likhatchev met with International Atomic Energy Agency Secretary General Rafael Mariano Grossi in Istanbul, russia’s state-owned nuclear corporation said. Russia is in a position to “provide all kinds of support, adding logistics” for the IAEA’s stopover at the occupied Zaporizhzhia nuclear plant in southern Ukraine.

Grossi showed the talks in a Twitter post, mentioning “important technical discussions” about the “imminent” intervention of the UN nuclear watchdog in Zaporizhzhia.

Putin orders bills for schoolchildren in occupied spaces (3:52 p. m. )

Putin ordered a payment of 10,000 rubles ($166) to the parents or guardians of school-age youth living in the Ukrainian territories that Russia seized from the war.

The Kremlin, which is a plan to annex the occupied territories, is already taking steps to integrate them, installing officials, imposing the use of the ruble and rewriting school curricula to reflect its edition of history.

Russia Detains Two at Nuclear Power Plant, Tass Reports (3:52 p. m. )

The Russian National Guard has arrested two workers at the occupied Zaporizhzhia nuclear plant for alleged cooperation with the Ukrainian armed forces, the Tass press service reported.

The National Guard press service was quoted as saying the workers relayed data to Ukrainian forces about the location of the workers’ corps and apparatus at Europe’s largest atomic power plant, which Russia seized in March. Ukrainian technicians continue to conduct operations at the plant. under the corps of Russian workers. Earlier this month, European intelligence officials said Russia was likely employing the plant’s protected prestige as a nuclear site to protect its troops and apparatus from attacks.

Britain’s Johnson promises drones and munitions on his kyivar scale (3:38 p. m. )

On his third unannounced stop in the Ukrainian capital since the invasion began on February 24, Johnson pledged £54 million ($64 million) in drones and anti-tank munitions for Ukraine.

Johnson, who will leave office on Sept. 6, told President Volodymyr Zelenskiy that Ukraine “can and will win the war” triggered by the Russian invasion, and vowed that the UK’s will for his country would be unwavering and long-term. The minister also won the Order of Freedom, the highest Ukrainian honor that can be bestowed on foreign nationals, the prime minister’s office said.

Lithuanian Leaders Regional Ban on Russian Visas (15:28)

Lithuanian President Gitanas Nauseda said he supported a proposal to ban visas for Russian tourists and said the war in Ukraine was supported by the other Russians and “not just a handful of evil uncles. “

If the European Union fails to succeed in a united reaction on the visa ban, it is possible that a regional solution will be devised that would come with the Baltic states and other countries geographically closer to Russia.

“We are wrong today that this is Putin’s war and that the Russian country has nothing to do with it,” Nauseda told reporters in Vilnius. “Alas, this is not the case, the Russians are others in the war. “

Russia sees floating oil discounts amid price caps (13:49)

Russia has reached out to several Asian countries to talk about imaginable long-term oil contracts at significant discounts as U. S. officials continue to announce a plan that would cap the price of the country’s oil, according to a Western official.

Attempts to negotiate to offer some Asian buyers discounts of up to 30 percent could be a sign that Russia is trying to avoid talks through group of seven countries on creating an exception to pending European Union sanctions on Russian oil. the official said. , who requested anonymity to discuss sensitive issues. This plan would make it easier for third parties to buy Russian crude oil at a low price set in Western countries.

Biden announces $3 billion package on Independence Day (1:32 p. m. )

The White House said the newer package will allow Ukraine to acquire air defense and artillery systems, as well as ammunition, anti-drone systems and radars, in the long term.

“I know this Independence Day is bittersweet for many Ukrainians, as thousands of people have been killed or injured, millions have been displaced from their homes, and many more have suffered Russian atrocities and attacks,” Biden said in a statement. “But six months of relentless attacks have only strengthened Ukrainians’ pride in themselves, for their country and for their thirty-one years of independence. “

Europe’s herbal fuel increases as blackouts increase the threat from the source (1:28 p. m. )

Natural fuel costs in Europe have risen, with blackouts in Norway and the United States adding to Russia’s restrictions, further tightening the market.

Benchmark futures rose 7. 4%. Prices are about 14 times higher than the five-year seasonal average as a historic energy crisis destabilizes European economies, putting pressure on politicians to mitigate the effects of the worst inflation in decades.

Russia considers yuan bonds from plans to resume debt sales (11:20 a. m. )

Russia will revive local bond sales from next month and yuan-denominated debt will play a role in reorganizing its sanctions-stricken markets in view of its ally, China.

Sales of rubles bonuses, known as OFZ, may resume with small donations in the current part of September after a six-month hiatus, according to a user familiar with the matter. At the same time, a plan is being drawn up to release Chinese banknotes. dusted off after sanctions excluded Russia from its classic markets in the United States and Europe, the user said.

The government froze weekly auctions in early February, two weeks before Russia’s invasion of Ukraine, fulfilling less than a fifth of its first-quarter borrowing plan.

Russia stops the opposition against the war (10:05 am)

Police arrested former Yekaterinburg Mayor Yevgeny Roizman on charges of “discrediting” the Russian military, the Tass news service reported. Roizman, who has already been fined 3 times for criticizing the invasion under the country’s “fake news” law, is one of the last remaining prominent opposition activists in Russia who were not arrested as part of a broad Kremlin crackdown on dissent.

A video posted on social media showed masked officials running to his apartment and taking Roizman away. He heard a reporter say he was being held for “one prayer: the invasion of Ukraine. “Roizman, a Putin critic who served as mayor of the fourth —the largest city from 2013 to 2018—faces up to five years in prison if convicted.

Shoigu says Russia slowed the offensive (9:30 a. m. )

Russia has intentionally slowed down its offensive in Ukraine to reduce civilian casualties, Shoigu told an assembly of defense ministers of the Shanghai Cooperation Organization in Tashkent, Uzbekistan.

Russia’s attempt to temporarily capture Kyiv at the beginning of the invasion failed in the face of strong Ukrainian resistance, and the Kremlin regrouped its forces in the east and south of the country. Ukraine claims that the long-range weapons it has obtained from its allies, by adding U. S. -made rocket systems. The U. S. military has allowed it to attack logistics centers and ammunition garages further into Russian-occupied territory, helping to turn the tide of the war.

Scholz’s promises continued for Kyiv (9:00 am)

German Chancellor Olaf Scholz commemorated Ukraine’s independence day by promising the Kyiv government for as long as it wishesArray

“We will continue to obtain weapons ranging from self-propelled howitzers to air defense systems, month after month,” Scholz said in a video message posted on Twitter. “We continue to exercise Ukrainian troops so that they can use the maximum fashionable military apparatus. “in Europe,” he added. And financially Ukraine and we will help rebuild the destroyed cities and towns. “

Russian LNG Plant Delivers Shipment to Asian Customer (8:05 a. m. )

Sakhalin Energy LLC, the new operator established in Moscow to bolster the liquefied herbal fuel facility in Russia’s Far East, scrapped a shipment to at least one visitor from North Asia due to payment problems and delays in signing revised contracts, according to investors. familiar with the matter.

Moscow transferred ownership of the plant to Russian company Sakhalin Energy from a Bermuda-based entity on August 19 and consumers were asked to engage in new deals and send invoices to Russian banks from that date. The cancelled shipment is the first tangible example of Moscow’s resolution to nationalize the plant affecting shipments to the region.

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