Ukraine news LATEST: Vladimir Putin's war leaves MILLIONS jobless as evil despot covers up economic & frontline chaos | The Sun

VLADIMIR Putin is desperately scrambling to cover up the extent of the economic damage caused by western sanctions.

Putin has lashed out after World leaders banded together in fury at the war in Ukraine by imposing brutal sanctions – with Russia now weaponizing its energy supplies in revenge at the West's sanctions.

However, a new report published by the Kyiv School of Economics suggests four MILLION people have been made jobless due to the war in Ukraine.

As reported by the Express, the new research states: “IMF forecasts unemployment in the Russian Federation (RF) to reach 9.3 per cent in 2022, which would equal around 3.8 million of additional unemployed persons.

“According to estimates of the Russian Center for Strategic Research, by the end of 2022 there will be a significant increase in unemployment in 63 percent of regions in Russia, in 16 regions unemployment will increase relative to the average level for Jan-Mar 2022 by 2 or more times, in 53 regions – 1.5 times or more. The top five industries impacted by the number of expected jobs cut include – transport and logistics, automotive, wholesale and e-commerce, timber industry and wood products.”

The think tank’s report also suggests Putin is well aware of the perilous situation his country is now in economically and is taking steps to prevent it from becoming common knowledge.

The authors explain: “The Russian banking sector is becoming increasingly non-transparent. In April 22, Russian banks were allowed not to disclose interim and annual financial statements, until September 22.

“Also, CBR won’t publish reports of banks until October 1, 2022, while the CBR has also stopped publishing the SPFS participant list. In addition, on May 1, Putin signed a law, forbidding banks to share banking secrecy with ‘unfriendly’ countries.”

Read our Ukraine-Russia blog below for the latest updates…

  • Lauren Lomas

    Ukraine destroys another bridge in Kherson, cutting off Russian soldiers

    Military forces have claimed to have blasted a bridge in Kherson, which was being used by the Russian military.

    It is thought the bridge is now unusable, after Ukrainian fighters had also damaged a bridge crossing the Dnipro river.

    The Russian soliders supply line will once again come to a grinding halt now that a second bridge has been ruined.

  • Lauren Lomas

    Putin discusses food and fuel supplies in call with Malian leader

    Russian President Vladimir Putin discussed possibly supplying food, fertilisers and fuel to Mali in a phone call with the African country’s interim leader Assimi Goita on Wednesday, according to a Kremlin statement.

    Goita said on Twitter the two leaders talked about Russia’s support for Mali’s political transition.

    Goita’s junta came to power in a coup two years ago and has sparred repeatedly with neighbouring countries and Western powers over election delays.

  • Lauren Lomas

    Ukraine could send many more grain vessels, says UN

    It is thought that now Russia has lifted its ban over the Black Sea, there will be more exports.

    Frederick Kenney, interim UN Coordinator spoke at the Joint Coordination centre in Istanbul.

    He said the amount of ships leaving will “grow in the near future” as exports resume.

  • Lauren Lomas

    Ukrainian refugees in UK face homelessness

    Homes for Ukraine was set up to help refugees from Ukraine to find housing.

    iNews has revealed that some of these refugees will likely end up homeless after six months.

    The concern is that if the refugees haven’t become self-sufficient in those six months, councils could struggle to find alternative accommodation and some may end up homeless

  • Lauren Lomas

    Russia accused of using power plant as ‘nuclear shield’

    Ukraine on Wednesday accused Russia of exploiting its position in a nuclear power plant it had seized to target a nearby town in a rocket attack that killed at least 13 people and left many others seriously wounded.

    Andriy Yermak, President Volodymyr Zelensky’s chief of staff, accused Russia of launching attacks on Ukrainian towns with impunity from the Zaporizhzhia nuclear power plant in the knowledge that it was risky for Ukraine to fight back.

    “Eighty reactive rockets fired at residential buildings,” Yermak wrote on the Telegram messaging service, referring to the attack on Marhanets.

    “The terrorist nation is continuing to fight against civilians. The cowardly Russians can’t do anything more so they strike towns ignobly hiding at the Zaporizhzhia atomic power station”, he wrote.

  • Lauren Lomas

    Stranded corn cargo on ship in desperate need of new buyer

    The vessel was bound for Lebanon, but it has since cancelled the order, leaving the ship and the crew in limbo in the Black Sea.

    Just off the coast of Turkey, the ship is waiting for a new purchaser for thousands of tonnes of corn.

    It is loaded with what is thought to be 26,000 tonnes of corn.

    Razoni, the vessel, was reportedly the first ship allowed to leave Ukraine after Russia blocked all exports from the nation.

    Unfortunately the ship has hit another brick wall, and is awaiting instructions to set sail for a new location.

  • Lauren Lomas

    Russians must stop visiting Europe as it is ‘not a human right,’ says Estonian Prime Minister

    Reportedly Russian’s are using tourist visas to dodge flight bans.

    Airlines from Russia have been banned from entering Europe since February 2022.

    Citizens from Russia can use Schengen visas to cross by land first to then leave the country.

    Taking to Twitter, Kaja Kallas, the PM for Estonia said it is “time to end tourism from Russia now.”

    “Visiting Europe is a privilege, not a human right,” said Kallas.

  • Lauren Lomas

    Denmark pledge to help train Ukrainian soldiers in the UK

    It has been reported that Denmark will send military instructors to the UK as part of the training effort to help Ukraine win against Russia.

    The Danish defence minister told Jylands-Posten newspaper that: “Within a short time, Denmark is sending 130 military instructors to a British training project, Morten Bodskov told the publication.

    Ukrainian soldiers with limited training will have combat and tactical operation training.

    A conference will be held tomorrow, where Danish, Ukrainian and British defence ministers will discuss the long term support for Ukraine in Copenhagen.

  • Lauren Lomas

    Zelensky: Ukraine must liberate Crimea

    Ukraine’s President Volodymyr Zelensky has spoken out about the invasion of Crimea that was annexed by Russia in 2014.

    He said Ukraine will “never give up” on reclaiming Crimea, after a Russian military base was shelled there yesterday.

    The explosions on the military base killed one person, reportedly.

    However, Ukraine has insisted that it was not to blame for the blasts in the annexed nation.

    Zelensky spoke last night, saying: “We will not forget that the Russian war against Ukraine began with the occupation of Crimea.

    “The Russian war… began with Crimea and must end with Crimea, with it’s liberation.”

    He did not reference the blasts directly in his speech, however.

    Credit: AP
  • Lauren Lomas

    Russia halts oil flowing through a Ukrainian pipeline

    Oil is delivered through a pipeline that supplies more than three nations, and has been cut off since 4 August.

    The company, Transneft, said the halt comes to an issue with the European Union sanctions.

    It said there was a payment that was bounced back on 28 July, reportedly resulting in the caseation of the oil flow.

  • Louis Allwood

    Russia establishes new ground forces formation to support Ukraine operation, UK says

    Russia has “almost certainly” established a major new ground forces formation to support its operations in Ukraine, Britain said on Tuesday.

    This unit, called the 3rd Army Corps, is based out of the city of Mulino, east of Russia’s capital Moscow, the British Defence Ministry said in its daily intelligence bulletin on Twitter.

    The update also added that Russian commanders continued to face “competing operational priorities” of reinforcing its offensive in the eastern Donbas region, as well as strengthening its defence against Ukrainian counterattacks in south.

    Moscow refers to the Ukraine invasion as a “special military operation”.

  • Louis Allwood

    Russia says it destroyed German-made anti-aircraft system

    Russia’s Defence Ministry said on Wednesday that Russian forces destroyed a German-supplied Gepard anti-aircraft system in use by Ukrainian forces in the Mykolaiv region.

    In its daily briefing, the defence ministry also said it had shot down three Ukrainian warplanes in the Mykolaiv region, as well as seven HIMARS missiles in the neighbouring Kherson region.

  • Louis Allwood

    U.N. expects 'big uptick' in applications for Ukraine grain

    The United Nations expects to see a "big uptick" in applications for ships to export Ukraine grain after transit procedures were agreed by Russia, Ukraine, Turkey and the United Nations, a senior U.N. official said on Wednesday.

    The number of inbound vessels is expected to "grow in the near future" as grain deals are made, said Frederick Kenney, interim U.N. Coordinator at the Joint Coordination Centre in Istanbul, which oversees a deal between Russia, Ukraine, Turkey and the United Nations to resume Ukraine grain exports.

  • Louis Allwood

    Putin discusses food and fuel supplies in call with Malian leader

    Russian President Vladimir Putin discussed possibly supplying food, fertilisers and fuel to Mali in a phone call with the African country's interim leader Assimi Goita on Wednesday, according to a Kremlin statement.

    Goita said on Twitter the two leaders talked about Russia's support for Mali's political transition.

    Goita's junta came to power in a coup two years ago and has sparred repeatedly with neighbouring countries and Western powers over election delays.

  • Louis Allwood

    Ukrainian refugees in UK face homelessness

    Homes for Ukraine was set up to help refugees from Ukraine to find housing.

    iNews has revealed that some of these refugees will likely end up homeless after six months.

    The concern is that if the refugees haven’t become self-sufficient in those six months, councils could struggle to find alternative accommodation and some may end up homeless

  • Lauren Lomas

    Ukraine could send many more grain vessels, says UN

    It is thought that now Russia has lifted its ban over the Black Sea, there will be more exports.

    Frederick Kenney, interim UN Coordinator spoke at the Joint Coordination centre in Istanbul.

    He said the amount of ships leaving will "grow in the near future" as exports resume.

  • Lauren Lomas

    Ukraine destroys another bridge in Kherson, cutting off Russian soldiers

    Military forces have claimed to have blasted a bridge in Kherson, which was being used by the Russian military.

    It is thought the bridge is now unusable, after Ukrainian fighters had also damaged a bridge crossing the Dnipro river.

    The Russian soliders supply line will once again come to a grinding halt now that a second bridge has been ruined.

  • Lauren Lomas

    Zelensky: Ukraine must liberate Crimea

    Ukraine’s President Volodymyr Zelensky has spoken out about the invasion of Crimea that was annexed by Russia in 2014.

    He said Ukraine will “never give up” on reclaiming Crimea, after a Russian military base was shelled there yesterday.

    The explosions on the military base killed one person, reportedly.

    However, Ukraine has insisted that it was not to blame for the blasts in the annexed nation.

    Zelensky spoke last night, saying: “We will not forget that the Russian war against Ukraine began with the occupation of Crimea.

    “The Russian war… began with Crimea and must end with Crimea, with it’s liberation.”

    He did not reference the blasts directly in his speech, however.

    Credit: AP
  • Lauren Lomas

    Denmark pledge to help train Ukrainian soldiers in the UK

    It has been reported that Denmark will send military instructors to the UK as part of the training effort to help Ukraine win against Russia.

    The Danish defence minister told Jylands-Posten newspaper that: “Within a short time, Denmark is sending 130 military instructors to a British training project, Morten Bodskov told the publication.

    Ukrainian soldiers with limited training will have combat and tactical operation training.

    A conference will be held tomorrow, where Danish, Ukrainian and British defence ministers will discuss the long term support for Ukraine in Copenhagen.

  • Lauren Lomas

    Pink Floyd’s Roger Waters thinks Joe Biden is a war criminal

    The band’s co-founder blames Biden and Zelensky for the war.

    Roger Waters co-founded Pink Floyd in 1965 but the 78-year-old is most famed now for his outspoken views about the Russia and Ukraine war.

    Waters blames Biden for fuelling the fire and suggests Zelensky cooperates and attempts to negotiate.

  • Louis Allwood

    Russian oil pipeline flows set to resume

    Russian oil flows halted to parts of Europe should resume after Hungarian group MOL paid transit fees owed to Ukraine, officials and a minister said, providing a temporary solution to the latest disruption of Russian energy supplies.

    Russian state-owned news agency RIA reported the pipeline monopoly Transneft planned to resume oil pumping through the southern branch of the Druzhba, or Friendship, pipeline at 1600 Moscow time.

  • Louis Allwood

    Russia hit with another explosion

    This morning another column of smoke erupted from an explosion and fire at a seaside resort in mainland Russia.

    Images show an industrial site ablaze in Yeysk, a popular holiday destination on the Sea of Azov near the border with Ukraine.

    Russia said an electronics warehouse had caught fire and denied claims in Ukrainian media that "saboteurs" had attacked an oil depot.

  • Louis Allwood

    MoD release latest intelligence map

    The UK’s Ministry of Defence have released their latest intelligence update.

    The map below shows the latest situation down on the ground in Ukraine.

  • Louis Allwood

    Destroyed £19m Russian fighter jet after ‘Ukraine strike’ 

    The charred wreck of a £19million Russian warplane lies in a sea of debris after the first suspected Ukrainian attack on annexed Crimea – as a second apparent strike today sparked a massive depot blaze.

    The smouldering Su-24 ground attack jet is pictured in the aftermath of up to 15 explosions at Saki air base near Novofedorivka yesterday.

  • Louis Allwood

    Russia accused of using power plant as 'nuclear shield'

    Ukraine on Wednesday accused Russia of exploiting its position in a nuclear power plant it had seized to target a nearby town in a rocket attack that killed at least 13 people and left many others seriously wounded.

    Andriy Yermak, President Volodymyr Zelensky's chief of staff, accused Russia of launching attacks on Ukrainian towns with impunity from the Zaporizhzhia nuclear power plant in the knowledge that it was risky for Ukraine to fight back.

    "Eighty reactive rockets fired at residential buildings," Yermak wrote on the Telegram messaging service, referring to the attack on Marhanets.

    "The terrorist nation is continuing to fight against civilians. The cowardly Russians can't do anything more so they strike towns ignobly hiding at the Zaporizhzhia atomic power station", he wrote.

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