Governor-in-exile reports an attack on "Wagner HQ."

Ukrainian soldiers, according to the governor-in-exile of Luhansk in eastern Ukraine, have attacked the headquarters of the Russian Wagner mercenary outfit.

Serhiy Haidai reported considerable damage to the hotel where the group had convened in Kadiivka, Luhansk.

Unfortunately, the BBC was unable to confirm Wagner's presence at the hotel independently.

There was also heavy fighting in southern Ukraine over the weekend, with Russian forces attacking the city of Odesa and Ukrainian forces bombing a target in the captured city of Melitopol.

Western experts have concluded that Wagner are state-sponsored mercenaries working to advance the interests of the Kremlin.

Yevgeny Prigozhin, a former restaurateur and close associate of Russian President Vladimir Putin, established the private military business that has been repeatedly accused of war crimes and human rights abuses.

Wagner forces have been sent to Crimea, Syria, Libya, Mali, and the Central African Republic before.

Mr. Haidai said Russia had suffered "major losses" in the Kadiivka strike, and he anticipated "at least 50%" of the surviving personnel to die due to a lack of medical care.

Additional battle in southern Ukraine preceded the attack on the "Wagner HQ" in the east.

About 1.5 million people lost power on Saturday after the Ukrainian army claimed to have shot down 10 drones and another 5 had damaged energy installations in the port city of Odesa.

President Zelensky remarked, "The situation in the Odesa region is quite severe," in his evening video address. "Unfortunately, the strikes were severe enough that it will take more than time to get power back on. It takes a few days, not hours."

Russian drones built in Iran reportedly destroyed vital infrastructure, as reported by Ukrainian authorities.

On Monday, Olaf Scholz, Germany's chancellor, will preside over a virtual conference of G7 leaders to discuss imposing additional sanctions on Russia and Iran.

The proposed measures would go after Iran for supplying drones to Russia, while the ninth package of Russia penalties would add the names of over 200 additional people to the EU sanctions list.

Comments

The Sandbox Welcomes FaZe Clan

The eSports, lifestyle, and media business FaZe Holdings Inc (NASDAQ: FAZE) is entering the metaverse via a new relationship with Web3 industry leader The Sandbox. The Sandbox, a division of Animoca Brands, has announced a relationship with FaZe Clan, a North American gaming and esports group. Through this arrangement, FaZe Clan will enter the metaverse and construct a virtual region dubbed FaZe World. According to the announcement, FaZe and Sandbox will work together to generate new revenue streams and offer events and experiences in FaZe World. Included in the cooperation for "Faze Clan entering metaverse" are: FaZe Clan will construct FaZe World, a 12-square-foot virtual plot in the Sandbox metaverse. According to the two companies, the world is "part virtual property and part amusement park." They intend to construct digital infrastructure in support of this concept. In FaZe World, FaZe and Sandbox will organize virtual events, games, and digital items. In addit

Bears betting against the Asian currency are retreating as the inflation outlook improves.

According to a poll conducted by Reuters, bearish bets on emerging Asian currencies have eased on the hopes that monetary tightening will cool the red-hot inflation that has been plaguing the region. In particular, short bets on the Thai baht have fallen sharply following the first rate hike in the country in nearly four years. According to the results of a biweekly survey conducted by 12 financial analysts, short positions on all emerging Asian currencies decreased, with bets on China's yuan reaching their lowest level since late April. Short bets on the Singapore dollar, the Indonesian rupiah, and the Philippine peso all dropped to multi-month lows. The fact that the United States' inflation rate remained unchanged in July, marking the first significant sign of relief after a prolonged period of rising prices, also contributed to an improvement in the mood throughout the region. After the Bank of Thailand (BoT) raised its interest rate by 25 basis points on Wednesday, short b

Weekly EUR/USD Forecast: The Dollar Bulls Are Back, So Stop The Downturn

The EUR/USD pair continued to rise during the first half of the week, but dramatically failed at parity, ending the week at roughly 0.9750, resulting in a minor weekly loss. At the beginning of the fourth quarter, optimism ruled supreme as Wall Street reported enormous gains and government bonds continued their weekly advances. Risk appetite is supporting the EUR/USD exchange rate. Market participants anticipated that central banks will reduce the pace of quantitative tightening sooner rather than later due to the increasing possibility of a global recession. This speculative activity as well as the demand for high-yielding assets were fueled by the Reserve Bank of Australia's lower-than-anticipated 25 basis point increase in the cash rate. But the positive energy was short-lived. On Wednesday, when the EU suggested additional penalties against Russia for its invasion of Ukraine in February, the value of the common currency started to decline. Following the illegitimate takeover of

Search This Blog