Russia continued its assault on Sievierodonetsk, pushing Ukrainian troops out of the centre in what is Kyiv’s last foothold in the Luhansk region. Moneyweb Russia
Russia continued its assault on Sievierodonetsk, pushing Ukrainian troops out of the centre in what is Kyiv’s last foothold in the Luhansk region. President Volodymyr Zelenskiy in his nightly address called fighting over the city “very fierce.” Russia’s use of cluster munitions and indiscriminate shelling in Kharkiv, Ukraine’s second-largest city, constitutes a war crime, Amnesty International said in a report published Monday.
The Ukrainian central bank may not need to increase borrowing costs further after it more than doubled its key interest rate to 25% earlier this month, according to minutes released Monday. The National Bank’s monetary policy committee members voted 7-3 on June 2 to raise the key rate 15 percentage points to the highest level in Europe, while agreeing the country’s economy is not ready to return to a floating hryvnia exchange rate.
Russian forces pushed Ukrainian troops from the center of Sievierodonetsk as fighting in the city raged, according to the General Staff of the Ukrainian army. “Very fierce fighting is going on, literally for every meter,” Zelenskiy said in his nightly video address. About 500 civilians, including 40 children, remain trapped in bomb shelters at the Azot chemical plant in the city, regional governor Serhiy Haiday said.
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