UKRAINE UPDATE: 28 FEBRUARY 2023: Treasury Secretary Janet Yellen visits Kyiv; Estonia urges EU to ramp up ammo acquisition

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US Treasury Secretary Janet Yellen made an unannounced trip to Ukraine to highlight US economic aid that is helping keep the country’s public services running as Russia’s invasion enters its second year.

Bakhmut remains the epicentre of Russian attacks, with Russian forces conducting 300 artillery strikes, Ukrainian military spokesman Serhiy Cherevatyi said on television. Russia launched a squadron of Iranian-made, single-use drones, and Ukraine’s air force said it shot down 11 of 14. The attack hit the western city of Khmelnytskyi, killing at least one person and wounding four more, Ukrainian officials said.

The producer of the oil that was due to be delivered to Poland in the final days of February didn’t send shipment orders or the transit payment, Transneft spokesman Igor Dyomin said. The letter adds that procurements could be conducted by an EU body, but also by a member state acting on behalf of the bloc if this were a quicker solution.An overnight drone attack was launched from Russian territory to Ukraine’s north, a vector that hasn’t been widely used since last year, Ukrainian Air Defence spokesperson Yuriy Ihnat said.

At the same time, he said Russia sees “no preconditions at present” for the conflict to shift tack and will continue its military operation.

 

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Business Maverick: Yellen Makes Surprise Visit to Ukraine to Reinforce US SupportUS Treasury Secretary Janet Yellen made an unannounced trip to Ukraine to reinforce the Biden administration’s support and highlight the economic aid that’s helping keep the embattled nation’s schools, hospitals and other essential services running as Russia’s invasion enters its second year.
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