A Russian ballistic-missile strike on a hotel that served as a children’s summer camp and base for humanitarian workers in the southeastern Ukrainian city of Zaporizhzhia killed one woman and wounded at least four children, according to the Defense Ministry in Kyiv.
(Bloomberg) — A Russian ballistic-missile strike on a hotel that served as a children’s summer camp and base for humanitarian workers in the southeastern Ukrainian city of Zaporizhzhia killed one woman and wounded at least four children, according to the Defense Ministry in Kyiv.
The United Nations, which had staff at the site hit late on Thursday, demanded that Russia stop its “indiscriminate attacks” on Ukraine, saying they’d reached “unimaginable levels” and violated international law.
US President Joe Biden set up a clash with House Republicans by asking lawmakers to approve $13 billion more dollars for Ukraine’s defense, but Republican opposition to the aid has grown as conservatives have railed against US involvement in the war. Ukraine’s navy also designated temporary Black Sea routes for trade vessels willing to navigate waters threatened by Russia’s military.
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Markets
The Russian ruble extended its decline against the dollar to a fourth day. In early trading, the Russian currency briefly pierced the 98 rubles per dollar level.
Wheat, meanwhile, headed for a weekly gain as traders weighed the risk to Black Sea flows after an escalation of hostilities between Ukraine and Russia. Futures in Chicago traded near $6.64 a bushel and were almost 5% higher for the week.
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