Breaking News
Investing Pro 0
Free Webinar - What Is a Gold IRA? Fees, Advantages, and Risks - December 7, 2022 | 01:00PM EST Enroll Now

Putin to annex seized Ukrainian land, U.N. warns of 'dangerous escalation'

Commodities Sep 29, 2022 02:58PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
5/5 © Reuters. Firefighters and Ukrainian army soldiers search for bodies of people killed during a Russian attack, among the remains of a building beside a TV tower, in the recently liberated town of Izium, Kharkiv region, Ukraine September 28, 2022. REUTERS/ Zohra Be 2/5
 
TWTR
+0.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

LONDON (Reuters) - President Vladimir Putin will begin annexing four Ukrainian regions to Russia on Friday, a move the United Nations warned would mark a "dangerous escalation" and jeopardise prospects for peace, while Kyiv warned it would elicit a harsh response.

Moscow's planned annexation of 15% of Ukraine's territory, after what Kyiv and Western countries say were phoney referendums staged at gunpoint in Russian-occupied areas, shows Putin doubling down on his war despite suffering a major reversal on the battlefield this month and discontent at home over a widely criticised partial military mobilisation.

Putin said that "all mistakes" made in a call-up to reinforce Russia's military operation in Ukraine should be corrected, his first public acknowledgment that the "partial mobilisation" he announced last week had not gone smoothly.

He spoke late on Thursday, on the eve of a planned ceremony in the Kremlin and concert in Moscow's Red Square to mark the annexation, details of which sparked a fresh round of international condemnation.

"Any decision to proceed with the annexation of Donetsk, Luhansk, Kherson and Zaporizhzhia regions of Ukraine would have no legal value and deserves to be condemned," United Nations Secretary General Antonio Guterres told reporters.

U.S. Secretary of State Antony Blinken said Russia's votes were a sham and a "futile attempt to mask attempted land grab in Ukraine." Turkey's President Tayyip Erdogan pressed Putin in a call to take steps to reduce tensions in Ukraine.

Russia says the referendums were genuine and showed public support.

Ukrainian President Volodymr Zelenskiy, who will hold an emergency meeting with security and defence chiefs on Friday, promised a harsh response to a step he says has killed off chances of reviving peace talks.

The votes "are worthless and do not change reality. The territorial integrity of Ukraine will be restored," he said.

Ukraine's top general said he and the top U.S. Army commander in Europe had discussed the war and that he had received assurances of further support from Washington.

CEREMONY AND CONCERT

Putin's annexation ceremony will be held in one of the Kremlin's grandest halls with the pro-Russian figures Moscow considers to be leaders of the four Ukrainian regions.

Putin's spokesman Dmitry Peskov added Putin would deliver a major speech. He did not say whether Putin would attend the Red Square concert, as he did a similar event in 2014 after Russia proclaimed it had annexed Ukraine's Crimea region.

A tribune has already been set up on the Moscow square with giant video screens and billboards proclaiming "Donetsk, Luhansk, Zaporizhzhia, Kherson - Russia!"

A political adviser to the Ukrainian president said on Thursday the ceremony "does not make legal sense" and would be a "Kremlin freak show."

Washington and the European Union are set to impose additional sanctions on Russia over the annexation plan, and even some of Russia's close traditional allies, such as Serbia and Kazakhstan, say they will not recognise the move.

Putin has warned he could use nuclear weapons to defend Russian territory if necessary and on Thursday he said that the West stood ready to provoke "colour revolutions" and a "bloodbath" in any country, without naming a specific country.

With tens of thousands of Russian men fleeing abroad to escape Putin's military call-up, Finland shut one of the few remaining routes to Europe, saying it would no longer let Russians enter by land with EU tourist visas.

More than half of Russians felt fearful or anxious after hearing of the call-up, according to a poll released by the independent Levada Centre on Thursday.

The head of the upper house of the Russian parliament has said the chamber could consider the incorporation of the four regions on Oct. 4, three days before Putin's 70th birthday.

What Russia is billing as a celebration comes after Moscow has faced its worst setbacks of the war, with its forces routed in recent weeks in Ukraine's northeast.

Some military experts say Kyiv is poised to deliver another major defeat, gradually encircling the town of Lyman, Russia's main remaining bastion in the northern part of Donetsk province. Its fall could open the way for Ukrainian forces to launch attacks on swathes of territory that Russia now aims to annex.

"The situation looks increasingly precarious for Russian forces in Lyman as Ukrainian forces are about to cut them off," Carl Bildt, a former Swedish prime minister, said on Twitter (NYSE:TWTR).

"Another painful defeat for the Russian invasion forces is looming."

Kyiv has so far held back from disclosing details of the situation in Lyman. Russia's Defence Ministry said a day earlier that a Ukrainian offensive on Lyman had failed, with 70 Ukrainian soldiers killed.

NUCLEAR UMBRELLA

Russian government officials have said that the four regions will fall under Moscow's nuclear umbrella once they have been formally incorporated into Russia.

The United States has unveiled a $1.1 billion weapons package for Ukraine that brings U.S. security aid to $16.2 billion.

Mystery continued to swirl over an apparent attack on the Nord Stream 1 and 2 pipelines under the Baltic Sea, built to carry Russian gas to Europe though already shut.

At least three explosions which sent hundreds of thousands of tonnes of methane gas jetting to the surface this week have left the pipes severely damaged, possibly permanently. Sweden's coast guard said it found a fourth leak.

Western countries have called the incidents sabotage while stopping short of openly ascribing blame. Russia, which has denied involvement, said the incidents looked like acts of state-sponsored terrorism and the United States stood to gain.

Putin to annex seized Ukrainian land, U.N. warns of 'dangerous escalation'
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (4)
Maximus Maximus
Maximus Maximus Sep 29, 2022 5:06PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
russia trying to annex Ukranian land of which they are losing more of every day, is futile, pointless and without any legal basis. no matter how many recruits putler sends to the slaughter is gonna change that
Ken Roth
Ken Roth Sep 29, 2022 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The former Nato general secretary Anders Fogh nailed it by saying that putin is worse then adolf and stalin he will have no problem in escalating the war costings millions of russians their life. I keep thinking about the watchmaker in munich. If he had succeeded their would have been no ww2.
Brad Albright
Brad Albright Sep 29, 2022 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
And I proclaim Putin a dead man walking.
Tre Hsi
Tre Hsi Sep 29, 2022 7:52AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Putin's empty proclamation won't stop the Ukrainian army taking back their territory on the battlefield
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email