Moscow orders units to step up attacks

  • Russian defence minister Sergei Shoigu orders units to step up operations to prevent strikes on Russian-controlled areas.
  • A Russian missile attack on the Ukrainian city of Dnipro has killed three and injured 15, according to the regional governor.

    Ukraine war overshadows G20 finance talks, ends without joint communique

    A two-day meeting of finance ministers from the Group of 20 major economies ended in Indonesia without a joint communique after Russia’s war in Ukraine divided the global forum.

    During talks on the Indonesian resort island Bali, the finance chiefs looked for solutions to food and energy crises, while accusing Russian technocrats of exacerbating the problems.

    US Treasury Secretary Janet Yellen, Australian Treasurer Jim Chalmers and Canadian Finance Minister Chrystia Freeland on Friday blamed the invasion of Ukraine for sending a shockwave through the global economy.

    The Kremlin calls the war a “special military operation” and blames retaliatory Western sanctions for blocking food shipments and rising energy prices.

    Fighting ongoing in Siversk and Bakhmut: UK

    UK’s defence ministry says fighting is ongoing in the towns of Siversk and Bakhmut despite claims by Moscow that its forces have entered the outskits of Siversk.

    “Russia has previously made premature and false claims of success. This is likely at least in part aimed at demonstrating success to domestic audiences and to reinforce the morale of the fighting forces,” an intelligence briefing by the ministry said.

    Russia’s offensive operations remains “reduced in scope and scale,” the briefing added.

    Russia-backed rebels say next Donbas target is Siversk

    Moscow-backed troops in the Donbas region in eastern Ukraine say they are closing in on their next target, after wresting control of sister cities Lysychansk and Severodonetsk.

    “Siversk is under our operational control, which means that the enemy can be hit by our aimed fire all over the area,” a pro-Moscow rebel official is cited as saying by Russian state-run news agency TASS.

    IMF chief says Ukraine war has increased pressure on global prices

    International Monetary Fund chief Kristalina Georgieva has warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the “exceptionally uncertain” global economic outlook could turn worse if higher prices were to persist.

    Georgieva, speaking at a G20 finance officials meeting in Indonesia, said Russia’s intensifying war in Ukraine had increased pressure on commodity and energy prices, and global financial conditions were tightening more than expected.

    G20 agreed on most issues despite no communique: Indonesia

    Finance leaders of the group of 20 major economies have agreed on most issues, including efforts to tackle food insecurity, despite failing to reconcile differences regarding members’ views about the war in Ukraine, Indonesia says.

    Indonesian Finance Minister Sri Mulyani Indrawati said the G20 partners in Bali also agreed to maintain the spirit of collaboration and multilateralism.

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