Monday, 3 October 2022

Ukrainian forces burst through Russian lines in major advance in south

Monday, October 3, 2022

by Linda Noakes

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Here's what you need to know.

Two Putin allies ridicule Russia's war machine in public, Britain's Truss is forced into a humiliating U-turn, and Brazil's Bolsonaro dashes Lula's hopes of a quick win

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Ukrainian service members with a captured Russian armored personnel carrier near the town of Izium in Kharkiv region, October 2, 2022. REUTERS/Vladyslav Musiienko

RUSSIA-UKRAINE WAR

Ukrainian forces achieved their biggest breakthrough in the south of the country since the war began, bursting through the front and advancing rapidly along the Dnipro River, threatening to encircle thousands of Russian troops.

Kyiv gave no official confirmation of the gains, but Russian sources acknowledged that a Ukrainian tank offensive had advanced dozens of kilometers along the river's west bank, recapturing a number of villages along the way.

The withdrawal of Russian forces from the strategically important town of Lyman has prompted two powerful allies of President Vladimir Putin to do something rare in modern Russia: publicly ridicule the war machine's top brass.

The military commissar of Russia's Khabarovsk region was removed from his post after half of the newly mobilized personnel were sent home as they did not meet the draft criteria, the region's governor said.

Pope Francis for the first time directly begged Putin to stop the "spiral of violence and death", saying that the crisis was risking a nuclear escalation with uncontrollable global consequences.

Here's what you need to know about the conflict right now

A supporter of Brazilian President Jair Bolsonaro looks at her mobile phone in Brasilia, October 2, 2022. REUTERS/Adriano Machado


WORLD


The second round of Brazil's presidential campaign kicked off after right-wing President Jair Bolsonaro outperformed polling and robbed leftist former President Luiz Inacio Lula da Silva of an outright victory in the first round of voting.

Indonesia has set up an independent team to investigate a crowd crush at a soccer stadium that killed 125 people, including 32 children, authorities said, as the country's human rights commission questioned the police use of tear gas.

Iran's supreme leader gave strong backing to security forces confronting nationwide protests, saying demonstrations ignited by the death of a young woman in police custody were planned and not the actions of "ordinary Iranians".

The armed forces of the United States and Philippines launched two weeks of joint naval exercises, reinforcing a close military alliance at a time of regional uncertainty over tensions between Washington and Beijing.

Burkina Faso's self-declared military leader Captain Ibrahim Traore has accepted a conditional resignation offered by President Paul-Henri Damiba to avoid further violence after Friday's coup, religious and traditional leaders said.

U.S.

The death toll from Hurricane Ian climbed past 80 as embattled residents in Florida and the Carolinas faced a recovery expected to cost tens of billions of dollars. President Joe Biden and his wife Jill travel to Puerto Rico today to survey damage from Hurricane Fiona.

Former President Donald Trump's administration has not turned over all presidential records and the National Archives will consult with the Justice Department on whether to move to get them back, the agency has told Congress.

Former Secretary of State Rex Tillerson will be called as a witness by federal prosecutors in the trial of Tom Barrack, a one-time fundraiser for Trump, on charges of illegally acting as a foreign agent for the United Arab Emirates, a court filing showed.

Prosecutors will present their opening statements in the trial of Oath Keepers founder Stewart Rhodes and four others charged with conspiring to use force to stop the peaceful transfer of presidential power on January 6, 2021.

The Supreme Court kicks off a new term with a history-making justice joining the bench and an environmental case set to be argued, with major cases due to be decided over the next nine months.

British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng attend the annual Conservative Party conference, in Birmingham, October 2, 2022. REUTERS/Hannah McKay

BUSINESS & MARKETS

British Prime Minister Liz Truss was forced into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax that helped spark turmoil in financial markets and a rebellion in her party. Here's how the Bank of England threw markets a lifeline last week.

Oil prices jumped almost $4 as OPEC+ considers reducing output by more than 1 million barrels per day to buttress prices with what would be its biggest cut since the start of the COVID pandemic.

Global factory output mostly weakened in September as slowing demand added to the pain from persistent cost pressures and tighter monetary policy, surveys showed, diminishing economic recovery prospects.

Credit Suisse shares slid by as much as 10%, reflecting market concerns ahead of a restructuring plan due to come with third-quarter results at the end of October.

European telecoms providers are set to win their decade-long fight to make Big Tech pay for network costs, thanks to sympathetic EU regulators and the bloc's efforts to rein in U.S. tech giants, according to industry and regulatory sources, in the EU's strongest move yet to set a global standard.

Tesla announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries. The top electric car maker said "it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost."

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