KYIV—Russia’s Defence Ministry said on Thursday its forces had struck a railway station in eastern Ukraine. In its daily briefing, the ministry said an Iskander missile had hit a military train on Wednesday at the station of Chaplyne that had been set to deliver arms to Ukrainian forces on the frontline in the eastern Donbass…
Russia Says Over 200 Ukraine Troops Killed in Railway Station Strike, Kyiv Says It Killed 25 Civilians
Ukraine War, Energy Crisis Send German Business Sentiment to Lowest Level Since June 2020
August 25, 2022
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BERLIN—German business morale in August fell to its lowest reading since June 2020 amid high uncertainty due to the Ukraine war, the resulting energy crisis, and fears of an economic downturn in the third quarter, a survey said on Thursday. The Ifo institute’s closely watched business climate index fell for a third consecutive month but…
Western Leaders Announce More Military Aid to Ukraine as Kyiv Marks Its Independence Day
KYIV—Ukraine was “reborn” when Russia invaded six months ago, President Volodymyr Zelenskyy said on Wednesday, marking 31 years of his country’s independence from the former Soviet Union with a vow to drive Russian forces out completely. After days of warnings that Moscow could use the anniversary of Ukraine’s Independence Day to launch more missile attacks…
Nord Stream Not in Charge of Aug. 31–Sept. 2 Portovaya Maintenance
August 24, 2022
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FRANKFURT—The Nord Stream 1 consortium is not in charge of a planned three-day maintenance at the Portovaya compressor station announced by Gazprom during which no gas will flow through the pipeline, a spokesperson for the company said. “Portovaya compressor station is located in the upstream transportation system and therefore outside Nord Stream AG’s area of…
War Hit to German Economy Will Last Years: Economist
August 24, 2022
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BERLIN—The economic impact on Germany of Ukraine’s war will last years, influential economist Marcel Fratzscher of the German Institute for Economic Research told Reuters, adding that it could cost 3 percentage points of growth this year. Fratzscher, whose institute advises the government of Europe’s largest economy on macroeconomic policy, said the impact could last until…
US Urges Citizens to Leave Ukraine as Fears Grow of Russian Attacks on Capital
KYIV—The United States on Tuesday urged its citizens to leave Ukraine, saying it believed Russia was preparing to target civilian and government infrastructure in the next few days as the war reaches the six-month mark. The warning followed a ban by the Ukrainian government on celebrations in the capital Kyiv on Wednesday’s anniversary of independence…
China’s Housing Crisis: The Pain Will Persist Until Beijing Acts
News Analysis China continues to suffer economic setbacks. The latest came with the news that housing sales in July plunged almost 30 percent from June. Optimists had taken heart when housing sales had picked up in May and June in response to eased COVID-19 lockdowns, but the most recent news has dashed hope for an…
Almost 9,000 Ukrainian Military Killed in War With Russia: Armed Forces Chief
KYIV—Nearly 9,000 Ukrainian military personnel have been killed in the war with Russia, the head of Ukraine’s armed forces said on Monday. The toll given by General Valeriy Zaluzhnyi appeared to be the first provided by Ukraine’s military top brass since Russia’s invasion on Feb. 24. Zaluzhnyi, the Commander-in-Chief of Ukraine’s armed forces, told a…
Ukraine Bans Independence Day Rallies for Fear of Russian Rocket Strikes
KYIV—Ukraine’s capital Kyiv banned public celebrations this week to commemorate independence from the former Soviet Union, citing a heightened threat of Russian attack in a war that the United Nations said on Monday has killed more than 5,500 civilians. Near frontlines in the south of the country, Ukraine said Russia fired rockets into several southern…
Explosions Rock Russian-Held Areas Far From Ukraine War Front
KYIV—Explosions erupted overnight near military bases deep in Russian-held areas of Ukraine and Russia itself. Ukraine issued a warning about a frontline nuclear power station where it said it believed Moscow was planning a “large-scale provocation” as justification to decouple the plant from the Ukrainian power grid and connect it to Russia’s. Continuing the mutual…
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