+++ Ticker +++
G7 summit in Elmau ends – Chancellor Scholz takes stock +++ Moody’s notes Russia’s default +++ At least 18 dead after rocket attack on shopping center +++ The news about Russia’s war in Ukraine in the stern ticker.
Day 124 of the Ukraine War: After the Russian missile attack on a shopping center in eastern Ukraine, the death toll rises to at least 18. As a result, participants in the G7 summit are threatening Kremlin chief Vladimir Putin with consequences, while President Volodymyr Zelenskyy is urging for modern air defense systems. At the same time, the rating agency Moody’s has determined that Russia has defaulted on payments due to unpaid debts to international investors.
The most important developments in star-Ticker.
9:57 a.m .: US government: G7 countries give billions for food security
According to the US government, the G7 countries will commit to providing up to five billion US dollars for global food security. More than half of the amount will come from the United States, a senior US official said at the G7 summit in Elmau, Bavaria.
The government representative accused Russian President Vladimir Putin of using “food as a weapon of war”. It was estimated that up to 40 million people could be pushed into poverty this year as a result of Putin’s war of aggression against Ukraine. This in turn would affect food security around the world.
9:35 a.m.: Governor: 36 still missing after attack on shopping center
After the rocket attack on a shopping center in Ukraine that killed at least 18, the search for other possible victims continues. 36 people were still missing in the morning, as the governor of the Poltava region, Dmytro Lunin, wrote via Telegram. Hundreds of emergency services are on site. Lunin also released images showing heavy metal plates being lifted by a crane.
8 a.m.: The consumer mood of the Germans is getting worse with rising inflation
The consumer climate in Germany has fallen to a record low due to the consequences of the Ukraine war. The consumer research company GfK determined that the consumer climate in July fell by more than 27 points compared to the previous month. “The ongoing war in Ukraine and disrupted supply chains are causing energy and food prices in particular to explode and making the consumer climate more gloomy than ever,” explained GfK consumer expert Rolf Bürkl.
6.32 a.m .: Attack on shopping center: number of dead rises to 18
At least 18 people have died following a rocket attack on a shopping center in eastern Ukraine. This was written by the governor of the Poltava region, Dmytro Lunin, via Telegram in the morning. The rescue and clean-up work in the city of Kremenchuk continued during the night. Around 60 people were injured in the attack on Monday. The Ukrainian Prosecutor General’s Office also reported on Monday more than 40 missing persons reports.
6.21 a.m .: Russian civil rights activists: opposition politician Yashin arrested
The prominent liberal politician Ilya Yashin has been arrested in the Russian capital Moscow, according to civil rights activists. He was taken to a police station, said the civil rights portal Owd-Info at night. His lawyer initially had no access to the opposition politician. The 38-year-old is said not to have complied with requests from a police officer, as Owd-Info quoted journalist Irina Babloyan, who was walking with Yashin before the arrest. According to media reports, he was investigated in spring for allegedly disparaging the Russian army during Russia’s war of aggression against Ukraine.
5:55 a.m.: Explosions in Mykolaiv
Explosions were reported early in the morning in the southern Ukrainian city of Mykolaiv, Mayor Olexander Senkevich wrote via Telegram. Nothing is known about damage and casualties. He called on residents to go to safe places.
5.30 a.m .: G7 summit in Elmau ends – Chancellor Scholz takes stock
After more than half a dozen working sessions and numerous bilateral talks, the G7 heads of state and government will conclude their deliberations in the Bavarian castle of Elmau on Tuesday. The central themes on the third day of the summit are again likely to be the Ukraine war with the hunger crisis promoted by Russia’s aggression. This threatens above all in East Africa. Concrete financial commitments are expected from the G7 countries. Afterwards, some of the summit participants travel on to Madrid for the NATO summit.
4.45 a.m .: G7 countries want to stick to climate goals despite the energy crisis
The group of leading democratic economic powers (G7) wants to stick to the current climate protection goals despite the energy crisis triggered by the Ukraine war. According to information from the German Press Agency, the members will make it clear in the final declaration of the G7 summit meeting in Elmau, Bavaria, that they continue to see the so-called Paris Agreement as a guideline for their actions. In December 2015, the countries of the world agreed to make efforts to limit global warming to 1.5 degrees if possible.
3.08 a.m .: Putin is visiting Tajikistan on his first trip abroad since February
Russian President Vladimir Putin travels to Tajikistan in Central Asia. It is his first trip abroad since the beginning of the Russian military operation in Ukraine at the end of February. From Tajikistan, Putin travels to Turkmenistan, where he will take part in a summit meeting of the Caspian Sea countries on Wednesday.
2.36 a.m .: Moody’s notes Russia’s default
The rating agency Moody’s has determined that Russia has defaulted on payments due to international investors not paying their debts on time. Specifically, it is about interest payments on two government bonds that have not reached creditors even after a delay of 30 days, the US company announced on Monday in New York.
1.48 a.m .: Death toll after rocket attack on shopping center in Ukraine rises to 16
After the Russian rocket attack on a shopping center in the central Ukrainian city of Kremenchuk, the death toll has risen to at least 16, according to rescue workers. 59 other people were injured, said the head of the Ukrainian emergency services, Serhiy Kruk, at night via Telegram. 25 of them were taken to the hospital. The emergency services would continue to carry out rescue work, “remove debris and extinguish fires,” Kruk explained. “The work will continue around the clock”.
The participants of the G7 summit condemned the Russian attack as a war crime and threatened the Kremlin boss Vladimir Putin with the consequences.
1.37 a.m .: Selenskyj reiterates the demand for air defense technology
After the rocket attack on a shopping center in eastern Ukraine, President Volodymyr Zelenskyy urged the West to provide modern air defense systems. Ukraine asked for this before the war and immediately after the Russian invasion, Zelenskyy emphasized in his daily video address at night. “People in the Kremenchuk mall deserve the same security as people in any mall in the world, whether it’s somewhere in Philadelphia or Tel Aviv, or in a shopping arcade in Dresden.”
12:50 a.m.: Investigators: More than 40 missing after attack on shopping center
The authorities received more than 40 missing persons reports after the rocket attack on a shopping center in Ukraine. This was announced by the Ukrainian Prosecutor General’s Office during the night. Meanwhile, the number of people killed rose from 13 to 15, according to the governor of the Poltava region, Dmytro Lunin. According to the prosecutor, 59 people received medical treatment, around half of them are in a serious condition. Ukraine blamed Russia for the attack. The attack was harshly condemned internationally.
Source: Stern
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