President Vladimir Putin acknowledged Russian troops fighting in Ukraine lack sufficient advanced weapons, as Kyiv’s forces reported “partial success” in a counteroffensive backed by a fresh infusion of arms.
(Bloomberg) — President Vladimir Putin acknowledged Russian troops fighting in Ukraine lack sufficient advanced weapons, as Kyiv’s forces reported “partial success” in a counteroffensive backed by a fresh infusion of arms.
“Our troops are moving in conditions of extremely severe fighting, enemy’s aviation and artillery advantage,” Ukrainian Deputy Defense Minister Hanna Malyar said on Telegram. The official said the Ukrainian military had advanced in some areas near the Russian-occupied city of Bakhmut as well as in the southern Zaporizhzhia region.
The Biden administration meanwhile announced a new $325 million military assistance package for Ukraine Tuesday, including Bradley Fighting Vehicles, Stinger anti-aircraft systems, Stryker armored personnel carriers and Javelin anti-armor systems.
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Wheat is heading for its first decline in a week even as the market remains cautious over prospects for the Black Sea grain-export deal. Prices have been bolstered as fighting between Russia and Ukraine escalated, weighing on the outlook for the deal that allows Ukraine to ship grains from Black Sea ports.
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