Science, Americas, Special Report
Posted: 07 Jun 2022 16:50
The fighting roiled the global financial markets, with stocks plunging and oil prices soaring past $100. The Russian ruble fell nine percent against the dollar after the attack. The Moscow Stock Exchange was down more than 25 percent. In his televised address, Putin justified the operation by claiming the government was overseeing a "genocide" in the east of the country. The Kremlin had earlier said the leaders of two separatist territories in eastern Ukraine had asked Moscow for military help against Kyiv. Putin recognised the independence of the self-proclaimed Donetsk and Lugansk republics on Monday. US President Joe Biden spoke with Zelensky after the Russian operation began to vow US "support" and "assistance". Biden condemned the "unprovoked and unjustified attack by Russian military forces," and vowed Russia would be held accountable. Biden was due to join a virtual, closed-door meeting of G7 leaders -- Britain, Canada, France, Germany, Italy, Japan and the United States -- on Thursday, likely to result in more sanctions against Russia. In Brussels, EU foreign policy chief Josep Borrell said Russia faced "unprecedented isolation" and would be hit with the "harshest sanctions" the EU has ever imposed. The Russian invasion also rattled other countries in eastern Europe once dominated by Moscow. NATO member Poland said it was invoking Article 4 of the NATO Treaty, calling for urgent consultations among leaders of the Western military alliance. Lithuania joined Poland's call. Said it would impose a national state of emergency. Ukraine has around 200,000 military personnel, and could boost that with up to 250,000 reservists. Moscow's total forces are much larger -- around a million active-duty personnel -- and have been modernised and re-armed in recent years. But Ukraine has received advanced anti-tank weapons. Some drones from NATO members. More have been promised as the allies try to deter a Russian attack or at least make it costly.
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