The Kremlin said a peace deal with Ukraine isn’t possible until Kyiv accepts all its demands -- leaving conditions at a stalemate as Russia’s invasion nears the four-month mark. Precision artillery systems have arrived in Ukraine from the US.
Germany a Step Closer to Gas Rationing With Heightened AlertMegayachts Running Low on Safe Harbors as Russia Sanctions BiteCold Winter Could Push Europe Towards Gas Supply ShortagesUkrainian air defence downed two cruise missiles targeting Odesa on Thursday, the city council said on Telegram. Three cruise missiles launched from occupied Kherson targeted the city of Mykolayiv, hitting industrial and social infrastructure and injuring one person.
Negotiations between Russia and Ukraine on a ceasefire and peace deal have been effectively frozen since April. In addition to demanding that Kyiv give up its ambitions to join NATO and declare its neutrality, Russia wants to keep territory it’s captured since its February invasion of the neighbouring state.Charles Michel is “confident” that European leaders will grant Ukraine and Moldova EU candidacy status today.
European stocks fell on Thursday, with miners and energy firms leading the decliners in the Stoxx Europe 600 Index. German Economy Minister Robert Habeck will trigger the second stage of the country’s three-phase gas-emergency plan later on Thursday, moving Europe’s biggest economy to the “alarm” level following steep cuts in supplies from Russia, according to a person familiar with the plan.
Zhovkva said Moscow would need to withdraw its troops to the lines of Feb. 23 to resume diplomatic talks. There are no talks planned between Ukraine’s Zelensky and Russian President Vladimir Putin.Another pressing Russian bond deadline looms Sunday night on previously missed payments from late May. Those funds — about $100 million of bond coupons — are stuck due to international sanctions and the grace period to find a solution expires at the end of June 26.
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