Putin makes surprise visit near military front line G7 announces terms for unfreezing Russian assets

The Russian president has made a trip to Kherson Region and the Lugansk People’s Republic, the Kremlin says

President Vladimir Putin has made an unannounced visit to two command posts in Russia’s newly incorporated territories, where he reviewed the progress of the military operation against Ukrainian forces, the Kremlin said on Tuesday.

According to a statement, Putin traveled to the command center of the ‘Dnieper’ battlegroup located “in the Kherson area.” He received reports from the group’s commander, Colonel General Oleg Makarevich, and Colonel General Mikhail Teplinsky, the commander of Russia’s airborne troops.

The president also made a trip to the Lugansk People’s Republic, where he visited the ‘Vostok’ (East) command center of the National Guard. Putin discussed the situation in the area with top military officials, including Colonel General Aleksandr Lapin.

www.rt.com/russia/574911-putin-visits-command-posts-frontline/

The funds will be released after the conflict with Kiev is resolved and Moscow pays for the damage, the bloc has announced

Russian assets frozen by the G7 nations will remain “immobilized” until the Ukraine conflict is resolved and Moscow pays reparations, the group of leading western economies has announced.

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“Any resolution to the conflict must ensure Russia pays for the damage it has caused,” the bloc’s foreign ministers stated following this week’s meeting in Japan.

The ministers also announced their intention to intensify the economic restrictions on Russia and to punish third parties for any attempts to “evade and undermine our sanctions measures.” They must “cease assistance to Russia’s war, or face severe costs,” the G7 warned.

The group, which includes Canada, France, Germany, Italy, Japan, the UK, and US, has condemned Moscow for launching its military operation in Ukraine in February 2022.

The intragovernmental group of leading economies was formed in the 1970s, but its relative economic clout has since declined, as other nations, including Brazil, China, India, and South Africa, continue to grow. These four, along with Russia, form an informal group known as BRICS, which contributes more to global GDP than the G7 nations, according to British research firm Acorn Macro Consulting.

www.rt.com/news/574912-g7-russian-sovereign-reserves/

AC

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