Berliner Boersenzeitung - War enters 100th day with Russia controlling 'fifth of Ukraine'

EUR -
AED 4.099878
AFN 75.902551
ALL 98.505801
AMD 432.33011
ANG 2.011401
AOA 1049.35153
ARS 1078.824644
AUD 1.616404
AWG 2.011965
AZN 1.901985
BAM 1.955201
BBD 2.253481
BDT 133.359133
BGN 1.957305
BHD 0.420743
BIF 3225.840953
BMD 1.116208
BND 1.431645
BOB 7.71212
BRL 6.064139
BSD 1.116043
BTN 93.392492
BWP 14.58964
BYN 3.652181
BYR 21877.675667
BZD 2.249652
CAD 1.509498
CDF 3197.936158
CHF 0.938915
CLF 0.036373
CLP 1003.638813
CNY 7.826073
CNH 7.790289
COP 4658.918006
CRC 579.266597
CUC 1.116208
CUP 29.57951
CVE 110.784078
CZK 25.131873
DJF 198.372915
DKK 7.456348
DOP 67.475209
DZD 147.552814
EGP 53.980825
ERN 16.743119
ETB 134.251955
FJD 2.436128
FKP 0.850058
GBP 0.834338
GEL 3.036522
GGP 0.850058
GHS 17.603035
GIP 0.850058
GMD 76.464542
GNF 9635.669357
GTQ 8.632857
GYD 233.463097
HKD 8.676134
HNL 27.760525
HRK 7.58911
HTG 147.082833
HUF 397.09377
IDR 16873.715462
ILS 4.127994
IMP 0.850058
INR 93.446083
IQD 1462.232404
IRR 46997.9358
ISK 150.88942
JEP 0.850058
JMD 175.336269
JOD 0.791061
JPY 158.951922
KES 143.991216
KGS 93.988949
KHR 4537.385676
KMF 492.945376
KPW 1004.586515
KRW 1462.310967
KWD 0.340455
KYD 0.93009
KZT 535.324727
LAK 24648.666103
LBP 100012.232012
LKR 333.23788
LRD 216.293238
LSL 19.277337
LTL 3.295872
LVL 0.675183
LYD 5.285288
MAD 10.803498
MDL 19.436611
MGA 5075.3979
MKD 61.562115
MMK 3625.399856
MNT 3792.874538
MOP 8.937122
MRU 44.317634
MUR 51.290177
MVR 17.134214
MWK 1936.621165
MXN 21.985647
MYR 4.604401
MZN 71.270298
NAD 19.277332
NGN 1862.38221
NIO 41.015104
NOK 11.733087
NPR 149.424911
NZD 1.758792
OMR 0.4297
PAB 1.116028
PEN 4.204983
PGK 4.434416
PHP 62.49258
PKR 310.166325
PLN 4.275911
PYG 8711.330445
QAR 4.063835
RON 4.97539
RSD 117.064583
RUB 105.287304
RWF 1487.905187
SAR 4.187074
SBD 9.267558
SCR 14.791497
SDG 671.40318
SEK 11.278266
SGD 1.429294
SHP 0.850058
SLE 25.502341
SLL 23406.316705
SOS 637.355112
SRD 34.268146
STD 23103.250789
SVC 9.765008
SYP 2804.50587
SZL 19.277323
THB 36.143225
TJS 11.874906
TMT 3.91789
TND 3.368162
TOP 2.614275
TRY 38.154262
TTD 7.581254
TWD 35.241256
TZS 3047.248056
UAH 45.943021
UGX 4123.05048
USD 1.116208
UYU 46.79566
UZS 14250.627171
VEF 4043521.910028
VES 41.097999
VND 27469.877458
VUV 132.518449
WST 3.12255
XAF 655.805971
XAG 0.035473
XAU 0.000422
XCD 3.016608
XDR 0.825595
XOF 656.892387
XPF 119.331742
YER 279.443064
ZAR 19.088388
ZMK 10047.214933
ZMW 29.514806
ZWL 359.418502
  • NGG

    -0.1610

    69.899

    -0.23%

  • RIO

    0.5100

    71.26

    +0.72%

  • CMSC

    0.0300

    25.14

    +0.12%

  • SCS

    0.0650

    13.275

    +0.49%

  • GSK

    0.1120

    41.012

    +0.27%

  • BCE

    0.3450

    35.175

    +0.98%

  • JRI

    0.0800

    13.54

    +0.59%

  • AZN

    -0.2690

    77.911

    -0.35%

  • BCC

    0.7950

    141.105

    +0.56%

  • RYCEF

    -0.0600

    7.04

    -0.85%

  • RBGPF

    2.5000

    63.3

    +3.95%

  • BTI

    0.0022

    37.0791

    +0.01%

  • CMSD

    -0.0400

    25.07

    -0.16%

  • BP

    0.5200

    31.31

    +1.66%

  • RELX

    -0.4150

    47.675

    -0.87%

  • VOD

    0.0300

    10.07

    +0.3%

War enters 100th day with Russia controlling 'fifth of Ukraine'

War enters 100th day with Russia controlling 'fifth of Ukraine'

Ukraine marked 100 days since Moscow's invasion on Friday with Russian forces hammering the Donbas in their push to capture the country's east.

Text size:

The somber milestone came less than 24 hours after Kyiv announced Moscow was now in control of 20 percent of Ukrainian territory, including Crimea and parts of the Donbas seized in 2014.

After being repelled from around the capital, President Vladimir Putin's troops have set their sights on capturing eastern Ukraine, prompting dire warnings the war could drag on.

Following White House talks with US President Joe Biden, NATO chief Jens Stoltenberg warned Thursday that Ukraine's allies needed to brace for a gruelling "war of attrition".

"We just have to be prepared for the long haul," Stoltenberg said, while reiterating that NATO does not want direct confrontation with Russia.

While the advance has been much slower than Moscow expected, Russian forces have expanded control beyond the 43,000 square kilometres (16,600 square miles).

"Today, about 20 percent of our territory is under the control of the occupiers," Ukrainian President Volodymyr Zelensky said in an address to Luxembourg lawmakers.

Since Russia's February 24 invasion, thousands of people have been killed and millions forced to flee, with Ukraine's east now bearing the brunt of Russia's assault, which Zelensky said was killing up to 100 Ukrainian soldiers every day.

On the ground, street battles were raging in the industrial hub of Severodonetsk in Lugansk, part of the Donbas.

The strategic city is a key target for Moscow, which already controls 80 percent of the area, but Lugansk regional governor Sergiy Gaiday vowed Ukrainian forces would fight "until the end".

Severodonetsk's Azot factory, one of Europe's biggest chemical plants, was targeted by Russian soldiers who fired on one of its administrative buildings and a warehouse where methanol was stored.

- 'Shooting is everywhere' -

Ukrainian troops were still holding an industrial zone, Gaiday said, a situation reminiscent of Mariupol, where a huge steel works was the southeastern port city's last holdout until Ukrainian troops finally surrendered in late May.

In the city of Sloviansk, about 80 kilometres (50 miles) from Severodonetsk, residents recounted constant bombardments by Russian troops.

Paramedic Ekaterina Perednenko, 24, said she had only just returned to the city five days ago but realises that she will have to leave again.

"It's very difficult here. Shooting is everywhere, it's scary. No water, electricity or gas," she said.

Retiree Leonid, 79, said he was also leaving the city and would seek refuge elsewhere in Europe.

"I feel pain. The most prominent feeling I have is that we didn't deserve this. We don't understand why we are punished like this," he said.

Valeriy Zaluzhnyi, the commander in chief of Ukraine's armed forces, pleaded for modern armaments from NATO, saying that "the enemy has a decisive advantage in artillery."

"It will save the lives of our people," he added.

- Financial squeeze -

Led by the United States, Western nations have pumped arms and military supplies into Ukraine to help it survive the onslaught so far.

Bridget Brink, the new US ambassador to Kyiv, promised Thursday that the United States would "help Ukraine prevail against Russian aggression," after presenting her credentials to Zelensky.

Earlier this week, the United States announced that it was sending more advanced, Himar multiple rocket launch systems to Ukraine.

The mobile units can simultaneously fire multiple precision-guided munitions up to 80 kilometres away.

They are the centrepiece of a $700 million package that includes air-surveillance radar, more Javelin short-range anti-tank missiles, artillery ammunition, helicopters, vehicles and spare parts.

Kremlin spokesman Dmitry Peskov accused Washington of "adding fuel to the fire," although US officials insist Ukraine has promised not to use them to strike inside Russia.

Beyond sending arms to Ukraine, Western allies have also sought to choke off Russia's financial lifeline in a bid to get Putin to change course.

Ramping up an already long list of embargoes, the United States blacklisted Putin's money manager and a Monaco company that provides luxury yachts to Moscow's elite.

Across the Atlantic, EU nations agreed new sanctions that would halt 90 percent of Russian oil imports to the bloc by the end of the year.

- Hunger crisis -

Russia warned that European consumers would be the first to pay the price for the partial oil embargo.

But some relief was in view for the overheated oil market as producers including Saudi Arabia agreed to add 648,000 barrels per day to the market in July, up from 432,000.

The war has wrecked Ukraine's economy, forcing the central bank to more than double its key interest rate on Thursday to prop up the hryvnia.

But it carries far wider consequences too, with risks that it could trigger a global food crisis.

Ukraine -- one of the world's largest grain producers -- will likely export only half the amount it did in the previous season, the Ukrainian Grain Association said.

The head of the African Union, Senegalese President Macky Sall, is to visit Russia on Friday for talks with Putin.

The visit is aimed at "freeing up stocks of cereals and fertilisers, the blockage of which particularly affects African countries", along with easing the Ukraine conflict, Sall's office said.

burs-hmn/bgs/bfm/des

(S.G.Stein--BBZ)