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Russia Prepares More Punishment for Ukraine’s People

March 2, 2022 By Richard C. Young

By Fly Of Swallow Studio @ Shutterstock.com

The war for Ukraine continues as Russia prepares new assaults on Kharkiv and Mariupol. Colm Quinn reports for Foreign Policy’s Morning Brief:

Russian bombardments of Ukrainian cities are expected to intensify today and the United Nations General Assembly is expected to adopt a resolution condemning Russia’s invasion as Moscow’s political isolation increases and the ruble flirts with new lows; it was trading at 117 to the dollar early Wednesday before recovering to 108 at the time of writing. (On Feb. 23, before the Russian invasion and the imposition of sanctions on the Russian central bank, the ruble was trading at approximately 80 to the U.S. dollar.)

Despite the economic hit to Moscow, the war goes on, and the Ukrainian cities of Kharkiv and Mariupol could become the first major urban areas to fall completely to Russian forces, as heavy fighting continues and both cities endure shelling. Russian military sources claim that the encircled southern port of Kherson is in their hands though Ukrainian sources deny that Russia is in control.

The media war, which has up until now been dominated by a Ukrainian president making the most of his showman background, blew hot and cold yesterday.

Hot, when Russian forces destroyed a television broadcast tower near the capital Kyiv (and in the process damaged the Babi Yar Holocaust Memorial on their self-proclaimed “denazification” mission). And cold, as the chill of censorship descended on Russia’s independent media.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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