Week 120 of Putin’s War didn’t contain major ground action, but things were happening in the political sphere.
At the G7 meeting in Italy, Ukraine received the long-promised security arrangement with the US, and the first steps were taken to ensure Russia pays reparations for the damages it has inflicted.
BACKGROUND: G7 Agrees to Confiscate Russian Assets to Fund Reparations For Putin’s War in Ukraine
The front lines were mostly static, and it is now obvious that the recent Russian offensive toward Kharkiv has run its course.
The US has imposed new sanctions on Russian banking and the Moscow stock exchange. The short-term result is that Russian banks are not allowing customers to withdraw funds, and official trading in dollars and euros has ceased. The long-term effect of this is anyone’s guess.
Here are some of my past updates.
