Reuters.com: Wednesday Briefing

Scant progress evacuating Ukrainian refugees despite ceasefire.

Views expressed in this geopolitical news summary are those of the reporters and correspondents.

Accessed on 09 March 2022, 1420 UTC.

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Source:  Wednesday Briefing: Scant progress evacuating Ukrainian civilians despite Russian ceasefire promise - kh6jrm@gmail.com - Gmail (google.com)

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Russ Roberts (https://www.hawaiigeopoliticalnews.com).


Reuters
The Reuters Daily Briefing

Wednesday, March 9, 2022

by Linda Noakes

Hello

Here's what you need to know.

Ukraine warns of a radiation leak risk at Chernobyl, the U.S. rejects Poland's offer of fighter jets, and the UK impounds a Russian-linked private plane

Today's biggest stories

Soldiers and volunteers assist people boarding a train to Krakow after crossing the border from Ukraine, in Medyka, Poland, March 9, 2022. REUTERS/Fabrizio Bensch

RUSSIA AND UKRAINE AT WAR

Russia announced a new ceasefire in Ukraine to let civilians flee besieged cities, but there were only limited signs of progress providing escape routes for hundreds of thousands of people trapped without medicine or fresh water.

The governor of Sumy, an eastern city, said civilian cars were leaving for a second day through a safe corridor set up to Poltava further west.

Radioactive substances could be released from Ukraine's Chernobyl nuclear power plant because it cannot cool spent nuclear fuel after its power connection was severed, Ukraine’s state-run nuclear company Energoatom said.

Any supply of fighter jets to Ukraine must be done through NATO, top Polish officials said, after Washington rejected Poland's offer to fly all its MIG-29 jets to a U.S. airbase with a view to them being supplied to Kyiv.

Russia warned the West that it was working on a broad response to sanctions that would be swift and felt in the West's most sensitive areas.

Britain said it had impounded a plane connected to a Russian billionaire under new aviation sanctions which give authorities the power to detain any Russian aircraft and to ban exports of aviation or space-related goods to Russia.

Here's what you need to know about the conflict right now


A view shows a McDonald's restaurant in Saint Petersburg, Russia March 8, 2022. REUTERS/Anton Vaganov

BUSINESS

Coca-Cola and McDonald's are among the latest companies to halt sales in Russia where a senior member of the ruling party has warned that foreign firms which close down could see their operations nationalized. PepsiCo and Starbucks have also joined the dozens of global companies closing stores, factories or exiting investments.

Italy's UniCredit and France's BNP Paribas reassured anxious investors over their respective Russian exposures, despite detailing billions of euros in potential costs from the financial shockwaves of Moscow's invasion of Ukraine. We look at how European banks' renaissance is in tatters.

U.S. President Joe Biden will sign an executive order today requiring the government to assess the risks and benefits of creating a central bank digital dollar, as well as other cryptocurrency issues, administration officials said.

Apple added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a new desktop, a high point in Apple's move to power its devices with microprocessors designed in house.

The $100 billion Western rental car industry, flush with cash from a profitable pandemic, is gradually getting its electric show on the road, and Chinese-made vehicles are poised to play a starring role.

Yoon Suk-yeol, the presidential election candidate of South Korea's main opposition People Power Party, gestures during his election campaign rally in Seoul, March 8, 2022. REUTERS/Kim Hong-Ji

AROUND THE WORLD

Exit polls showed the two leading candidates in a dead heat as voting ended in South Korea's presidential election to decide the country's leader for the next five years. The campaign was marked by surprises, scandals and smears, but the policy stakes are high for the populace of 52 million.

Australia declared a national emergency in response to devastating floods along its east coast, and designated catastrophe zones in towns swept away by swollen rivers.

Taiwan's military strategists have been studying Russia's invasion of Ukraine, and the country's resistance, for the island's own battle strategy in the event its giant neighbour China ever makes good on its threat to take them by force.

Venezuela released two jailed U.S. citizens in an apparent goodwill gesture toward the Biden administration following a visit to Caracas by a high-level U.S. delegation.

Prosecutors and defense attorneys will present opening statements in the federal trial of four men accused of plotting to kidnap Michigan Governor Gretchen Whitmer in 2020 over restrictions she had imposed to control the pandemic.

Guatemala's Congress approved a law that punishes abortion with up to 25 years in prison and prohibits same-sex marriage and teaching about sexual diversity in schools.

BREAKINGVIEWS

Agenda-setting insight from the international commentary brand of Reuters

Read Una Galani on how war in Ukraine is speeding the global rush to self-sufficiency, Lauren Silva Laughlin on what a business sticking with Russia ought to mean, and Lisa Jucca on the EU's expensive path towards energy freedom

Quote of the day

"We will fight in the forests, in the fields, on the shores, in the streets"

Do more to help, Ukraine's defiant Zelenskiy urges Britain

Video of the day

Hospital treats Ukraine's youngest war victims

An eight-year-old boy from Kharkiv is in a pediatric neurosurgery center after a shell exploded in his family's home and left shrapnel in his skull

And finally…

Rare Steve Jobs items hit the auction block

The top lot from 'The Steve Jobs Revolution: Engelbart, Atari, and Apple' auction is a July 1976 check to pay $3,430 for parts for the Apple 1 computer, signed by Apple's founders.

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