Breaking news about Russia and the war in Ukraine

Britain’s Boris Johnson is to tell other G-7 leaders they must end Putin’s ‘stranglehold’ on food prices

British Prime Minister Boris Johnson will urge leaders gathered at the G-7 summit in Germany on Monday to take urgent action to get essential food supplies out of Ukraine.

The UK said it was working with its international partners on a plan to break the so-called “Russian stranglehold” on food exports and said it would work with Ukraine to repair vital railways to open them for exports instead to use.

“Putin’s actions in Ukraine are causing terrible aftershocks around the world and driving up energy and food prices as millions face starvation,” Johnson will tell the summit on Monday, according to pre-release Downing comments Street.

“Only Putin can end this unnecessary and futile war. But global leaders must come together and use their combined economic and political weight to help Ukraine and make life easier for households around the world. Nothing should be off the table,” adds Johnson.

The UK said it was working with its international partners on a plan to break the so-called “Russian stranglehold” on food exports and said it would work with Ukraine to repair vital railways to open them for exports instead to use.

Ukrainian President Volodymyr Zelenskyy and British Prime Minister Boris Johnson after a meeting on April 9, 2022 in Independence Square.

Ukrainian Presidential Press Service | Reuters

Food prices have risen around the world since the start of the war as essential products from Ukraine (regarded as Europe’s “breadbasket”) could not leave the country because a Russian blockade of Ukrainian ports such as Odessa prevented the export of wheat and oil.

Ukraine provides 10% of the world’s wheat, 12% to 17% of the world’s corn and half the world’s sunflower oil, the UK government said in a statement previewing Johnson’s comments. 25 million tons of corn and wheat – the annual consumption of all least developed countries – cannot be exported and is currently at risk of rotting in Ukrainian silos. “This problem will dramatically worsen with the July harvest,” it noted.

— Holly Ellyatt

Zelenskyy will ask G-7 leaders for urgent help as Russia makes strides

Ukrainian President Volodymyr Zelenskyy is expected to make an impassioned plea to the leaders of the Group of Seven (G-7) of wealthy industrialized nations, asking them for more heavy weapons to fight Russian forces.

“Delays in arms deliveries to our state, any restrictions are actually an invitation to Russia to strike again and again,” said Zelenskyy in his nightly address on Sunday.

He said Ukraine can only stop Russia’s aggression “if we get everything we ask for, in time, what we need – arms, financial support and sanctions against Russia”.

He said there were no other options, “because here – in the sky over Kyiv, in the sea near Odessa, on the land of the Kharkiv region, Donbass, in the Kherson and Zaporizhia regions – it is decided what life wants in the future as in be Europe. Here, in Ukraine, and nowhere else.”

Rescue workers work on a damaged apartment building in Kyiv. Rockets hit a house and a kindergarten last Friday, injuring six people and killing one.

Sopa Pictures | Light Rocket | Getty Images

Zelenskyy’s comments come after Russia re-targeted the Ukrainian capital Kyiv over the weekend after withdrawing its troops from the city several months ago to focus on the Donbass region in eastern Ukraine.

Also affected were the southwestern port city of Odessa, the regions further east around the port of Mykolaiv, Chernihiv in northern Ukraine, the northeastern region around Kharkiv and the Donbass.

On Sunday morning, US President Joe Biden confirmed that the G-7 will announce a ban on Russian gold imports, confirming earlier reports of an imminent ban.

— Holly Ellyatt

The G-7 announce a ban on Russian gold imports as Moscow sanctions expand

US President Joe Biden, center, attends a working lunch with other G7 leaders to discuss shaping the global economy. The group of the seven leading economic powerhouses meets in Germany for their three-day annual meeting.

Kenny Holston | The New York Times via AP, pool

Leaders of the G-7 will announce a ban on Russian gold imports for Moscow’s unprovoked invasion of Ukraine, US President Joe Biden confirmed Sunday morning.

As leaders met for the recent G-7 summit in Munich, Biden took to Twitter to confirm earlier reports of an impending ban.

“The United States has imposed unprecedented costs on Putin for denying him the revenue he needs to fund his war against Ukraine,” he said early Sunday.

“Together, the G7 will announce that we will ban imports of Russian gold, a key export that brings tens of billions of dollars to Russia.”

The move would come in addition to a series of penalties the West has inflicted on Russia since its attack on Ukraine began on February 24.

– Matt Clinch

https://www.cnbc.com/2022/06/27/russia-ukraine-live-updates.html Breaking news about Russia and the war in Ukraine

Joshua Buckhalter

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