A residential constructing in Lviv, Ukraine, hit throughout a Russian missile strike on Tuesday. (Reuters)

Russian missiles struck two western Ukrainian cities in a single day, damaging an industrial plant in Lutsk and residential buildings in Lviv, officers mentioned. Three individuals had been killed within the Lutsk strike, the town’s mayor mentioned, citing preliminary info.

The Russian Central Financial institution determined in a gathering Tuesday to boost the important thing rate of interest by 3.5 share factors to 12 % — a big hike that comes after the ruble fell to its lowest level in 17 months, briefly sliding previous 102 to the greenback on Monday. The Russian forex has misplaced nearly 1 / 4 of its worth towards the greenback for the reason that invasion of Ukraine in February 2022.

Right here’s the newest on the warfare and its ripple results throughout the globe.

Russia attacked the area of Lviv with cruise missiles within the early-morning hours, in keeping with regional governor Maksym Kozytskyi. Air defenses stopped solely one of many missiles, whereas six reached their supposed targets, Kozytskyi mentioned. Fifteen individuals had been injured, together with a 10-year-old and a 72-year-old. Within the metropolis of Lviv, 20 homes had been destroyed, and a number of other buildings had been broken, together with a kindergarten, he mentioned. The Washington Put up couldn’t independently confirm the studies.

Three individuals had been additionally injured within the strikes towards Lutsk, Mayor Ihor Polishchuk mentioned on Telegram. Emergency service crews had been on-site on the industrial plant, Polishchuk added.

Russia’s Central Financial institution attributed the rate of interest hike to “inflationary strain” brought on by “regular progress in home demand surpassing the capability to develop output.” In a assertion, the financial institution didn’t point out the drop within the worth of the ruble. The forex has misplaced floor amid Western sanctions which have harmed Russia’s commerce stability and navy spending that has soared due to the warfare in Ukraine.

The U.S. ambassador to Russia, Lynne Tracy, met with jailed Wall Avenue Journal reporter Evan Gershkovich on Monday at Lefortovo Jail in Moscow, the newspaper reported. Gershkovich gave the impression to be in good well being and stays robust, the U.S. Embassy in Moscow advised the Journal after the assembly — the third since his arrest in March on espionage costs that he, his employer, rights teams and the U.S. authorities have rejected as spurious.

China’s protection minister is ready to talk at a convention in Moscow as a part of a go to to Russia and Belarus, in keeping with the Chinese language Protection Ministry. Li Shangfu is anticipated to talk on the Moscow Convention on Worldwide Safety and meet with Russian protection officers. In Minsk, Li is scheduled to carry talks with Belarusian state and navy leaders, in addition to go to Belarusian navy establishments. Will probably be Li Shangfu’s first journey to Belarus and second to Russia since he took workplace this yr. Beijing and Moscow have deepened their partnership lately, although China has kept away from taking sides publicly within the warfare in Ukraine.

Greater than 20 Russian diplomats and their households have left Moldova, native media reported Monday, weeks after the nation requested Russia to cut back its employees within the capital, Chisinau, amid deteriorating ties between the 2 international locations. Russia’s Overseas Ministry referred to as it an “unfriendly step” that can adversely have an effect on relations.

A Russian MiG-29 fighter jet prevented a Norwegian air pressure patrol and reconnaissance aircraft from crossing the Russian border, over the Barents Sea, on Monday, Russia’s state information company Tass reported, citing the Protection Ministry. “The international plane turned away from the Russian border because the Russian fighter jet approached,” the assertion mentioned.

A Moscow court docket on Tuesday convicted a pro-war, retired Russian colonel of discrediting the navy, because the Kremlin seeks to deliver nationalist pro-war critics to heel. Vladimir Kvachkov, a 74-year-old retired navy intelligence officer, who has referred to as for a more durable strategy within the warfare towards Ukraine, advised the court docket that President Vladimir Putin and Russian protection leaders had been discrediting the navy, earlier than Decide Alesya Orekhova sharply reduce him off, Russian impartial media outlet Mediazona reported from the court docket. He was fined 40,000 rubles ($408) within the case, reinforcing the message that Russian authorities will now not tolerate criticism of the navy’s conduct of the warfare, even from pro-war nationalist former navy officers.

A Chechen battalion continues to participate within the preventing round Orhikiv, in northern a part of the Zaporizhzhia area, as a current publish by Chechen chief Ramzan Kadyrov illustrates, the British Protection Ministry mentioned in a every day intelligence replace. On Aug. 10, Kadyrov “acknowledged the efforts of the Chechen Vostok Akhmat Battalion within the closely contested Orhikiv sector” in Zaporizhzhia, one in every of 4 Ukrainian areas that Russia illegally claimed to annex final yr. Whereas “Chechen forces comprise a comparatively small however high-profile part of Russian forces in Ukraine,” the ministry mentioned, “Kadyrov probably closely promotes his models’ roles partially to burnish his credentials as a Putin loyalist.”

Ukrainian President Volodymyr Zelensky had “frank conversations” with troops throughout a go to Monday to the entrance line in japanese Ukraine’s Donetsk area, amid the continuing counteroffensive that has yielded few seen features to this point and left many Ukrainians exhausted from Russian assaults. “We talked about our offensive, about provides to the troops, in regards to the capabilities of commanders, about what these capabilities at the moment are and what they need to be,” Zelensky mentioned of the go to in his nightly handle.

The ruble takes a dive, underscoring strain on Russia’s warfare financial system: The Russian forex has misplaced nearly 1 / 4 of its worth towards the greenback for the reason that invasion of Ukraine in February 2022, report Francesca Ebel and Isabelle Khurshudyan. Russia’s Central Financial institution mentioned the ruble’s fall wouldn’t impression the nation’s general monetary stability and blamed the scenario on an uneven commerce stability, which has been impacted by Western sanctions.

The brand new drop was a part of a “everlasting development of depreciation” and acceleration, mentioned Oleg Itskhoki, a professor of economics on the College of California at Los Angeles, somewhat than a spontaneous disaster. “Maybe the present acceleration will result in a tsunami depreciation, however this has not occurred prior to now,” he mentioned.

Robyn Dixon, Francesca Ebel and Isabelle Khurshudyan contributed to this report.


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