Business Saturday, August 27. Russia’s War On Ukraine: News And Information From Ukraine Katya Soldak Forbes Staff Forbes Ukraine Forbes Staff Aug 27, 2022, 05:23pm EDT | Share to Facebook Share to Twitter Share to Linkedin Mykhailo Riabko, 64, walks past damaged technology school building after a Russian attack in . .
. [+] Slovyansk, Ukraine, Friday, Aug. 26, 2022.
"It's hard to look at this destruction after all this years working here", says the engineering drawing teacher who has been working at the school for 39 years. (AP Photo/Leo Correa) Copyright 2022 The Associated Press. All rights reserved.
Dispatches from Ukraine, provided by Forbes Ukraine’s editorial team. As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. Forbes Ukraine’s reporters gather information and provide updates on the situation.
Saturday, August 27. Day 185. By Dmytro Aksyonov Zaporizhzhya.
Local authorities say they have registered at least 16 instances of shelling on cities and settlements in the Zaporizhzhya region as Russia intensifies its presence in the region, which has been put under a spotlight due to the tense situation at the Zaporizhzhya Nuclear Power Plant. Additionally, Zaporizhzhya Governor Oleksandr Starukh says shelling in the Russian-occupied village of Kamianka has led to the death of five civilians , including a single mother and her two children. Kharkiv.
As a result of the Russian shelling and bombing campaign on cities and settlements in the Kharkiv region, which included a rocket strike on the city center of Kharkiv today, two civilians were killed and another two injured , reports Kharkiv Governor Oleh Synyehubov. Synyehubov also says the shelling caused a storage facility housing sunflower seeds in the Izium district to catch fire. Additionally, fighting continues along the frontlines, with Russia expected to start a new offensive in the region.
As of August 27, since the beginning of the full-scale invasion, Russian forces have destroyed over 10,000 civilian objects in the Mykolaiv region , including 331 educational facilities, 117 industrial objects, and 67 medical institutions, according to reports from the Mykolaiv Regional Administration. Officials add that work is currently underway in the region to restore gas and electricity to settlements that have lost power due to the war, which left 6,355 people without access to gas as the heating season approaches. The European Central Bank (ECB) must enact another significant interest rate hike in September and should hit the "neutral" level before the end of the year , French central bank chief Francois Villeroy de Galhau said on Saturday.
The ECB raised rates by 50 basis points to zero in July to fight inflation that is now approaching double-digit territory as a result of skyrocketing energy prices and other trade disruptions caused by Russia’s invasion of Ukraine. With the bloc’s largest economy in Germany headed for a recession due to its dependence on Russian hydrocarbons, the economic crisis that is hitting countries all around the world is expected to have a significant impact on the European economy. MORE FOR YOU Pfizer Tests Pill That Could Prevent Covid Infection Liz Cheney Needles Trump For Bashing Bush: ‘I Like Republican Presidents Who Win Re-Election’ Covid Pandemic Slashes Life Expectancy — Here’s Where It Fell The Most As part of the implementation of the U.
N. -led Initiative on the Safe Transportation of Grain and Food Products, 44 ships have left Ukrainian ports so far and exported more than 1 million tons of agricultural products to 15 countries around the world, reports Ukrainian state infrastructure company Ukrainian Sea Ports Authority. "During the week of operation of the ‘grain corridor,’ the ports of Odesa received 13 vessels for loading 362 thousand tons of wheat, corn, rapeseed, oil, soybeans and barley, which are headed to the ports of Spain, Israel, Germany and Turkey.
At the same time, 13 vessels hauled out 294 thousand tons of wheat, oil, soybeans, rapeseed and corn were sent to the ports of Libya, the Netherlands, Israel, India, Egypt, Turkey, Germany and Sudan," according to a message posted by the company. Ukrainian President Volodymyr Zelenskyy also noted in his evening address that there were already 70 applications for the arrival of new vessels for loading. The country’s stated goal is to reach a volume of 3 million tons of export by sea every month.
With the mediation of the Red Cross, Ukraine has returned the bodies of 541 dead soldiers— more than 300 of them being the bodies of defenders of the Azovstal plant in the city of Mariupol , reports Oleh Kotenko, the Ukrainian Commissioner for Issues of Persons Missing Under Special Circumstances. Katya Soldak Forbes Ukraine Editorial Standards Print Reprints & Permissions.
