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Russia still advancing as Ukraine readies counter-attack

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Russian forces are still edging forward in the bombed-out eastern Ukrainian city of Bakhmut

Video released on Tuesday purports to show British Challenger 2 main battle tanks on the ground in Ukraine for the first time.

This footage from Ukrainian Defence Minister Oleksii Reznikov shared on social media includes the cabinet official thanking the United Kingdom.

But these tanks will have to do more than trend on Twitter. Ukraine has begged and pleaded for months for advanced weaponry ahead of what is an expected counter-offensive against invading Russian forces occupying swaths of territory in the country’s east.

The U.S. and Nato have promised tanks and artillery in hopes that Ukraine can repeat some of the successes it saw last year in repelling Russian attacks and retaking Russian-held-regions, but that offensive has yet to take shape.

Kyiv and Moscow have spent months locked in bitter combat over the now-shattered eastern city of Bakhmut, a battle both sides have described as a meat grinder, where the front line has barely moved.

A Moscow-installed leader in eastern Ukraine on Tuesday said Russian forces were making gains in Bakhmut.

But in a video released on Telegram, Ukrainian commander Oleksandr Syrskyi said his forces were inflicting heavy losses on Russian attackers in an effort to exhaust the invaders.

Heavy fighting has also moved to town of Avdiivka, a bit to the south, where British intelligence said a Russian tank division had suffered heavy losses.

Video released by Ukrainian police purported to show officers working to evacuate civilians as the front line inched closer.

But residents in nearby Semenivka told Reuters they had no plans to leave. Fifty-six-year-old Elena, who did not give a surname, said “there’s no place to leave for. Where should we go, and how can I leave behind my home? That’s why we’re staying here.”

This seventy-one-year-old said, “Our army is holding up, and so are we. We have hope. We hope and hope that the situation will calm down.”

Both sides are signalling their readiness for even more brutal combat ahead. Moscow on Tuesday released footage of Defence Minister Sergei Shoigu inspecting arms factories, showing munitions being readied for the front.

Russia and Ukraine are both reportedly expending artillery shells at a rate not seen since the Second World War. France’s Defence Minister on Tuesday said it would double its supply of 155 mm shells to Ukraine, to about 2,000 per month.

As expectations of a new offensive build, these Ukrainian recruits this week practiced firing rifles and rocket-propelled grenades under the eye of a Swedish instructor, Magnus Ek.

“Many-many hundreds so far and well, I build from the basics. It’s like you have to sense where the soldiers are because I train both new soldiers that are mobilised, that just got uniform and a gun, we start from day one and also experienced units. It can be mission-related training for some fighters that are pulled out, they need to train on something and they go back to the front line and do that.”

Ukrainian President Volodymyr Zelenskiy on Tuesday used the one-year anniversary of what he called the “decisive battles” to recapture territory here in the Sumy Region from Russian forces to rally his countrymen for the expected springtime counter-attack.

He noted the Russian border sat quite close, a border he said “no tyrant will ever manage to erase.”

Ukrainian fighters here pushed back Russian attackers a year ago in an early victory for Kyiv following Moscow’s invasion.

It remains to be seen whether an influx of western tanks, shells, and training will mean Ukraine’s armed forces can do that, again.

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China encircles Taiwan with military drills, sparking global concern

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Beijing’s latest show of force sends a stern warning to Taiwan, as the US urges restraint amid escalating tensions.

China deployed planes and ships to encircle Taiwan on Monday in military drills that Beijing described as a “stern warning” to what it called “separatist” forces on the island.

The exercises, dubbed Joint Sword-2024B, mark China’s fourth large-scale war game targeting Taiwan in the past two years.

Beijing, which has not ruled out using force to bring Taiwan under its control, conducted these drills in the north, south, and east of Taiwan, focusing on sea-air combat readiness and blockading key ports.

Practicing an assault

The Chinese military’s Eastern Theater Command said the drills also included practicing an assault on maritime and ground targets, with China’s coast guard conducting “inspections” around the island.

Taiwan condemned the exercises as “irrational and provocative,” deploying its own forces in response. The Taiwanese defence ministry stated it is fully prepared to counter any threat to its sovereignty.

The United States criticised China’s actions as “unwarranted” and warned of the risk of escalation, calling on Beijing to act with restraint. Taiwan’s President Lai Ching-te, who has taken a firmer stance on Taiwan’s sovereignty than his predecessor, convened a high-level security meeting to address the drills, describing them as inconsistent with international law.

Tensions between China and Taiwan continue to rise, with China ramping up its military activity around the island in recent years.

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Europe’s crossroads: confronting electoral upheaval and rising global tensions

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Experts discuss the EU’s challenges and opportunities ahead

Euro Bloch is a comprehensive program designed to highlight the breadth of topics and issues within the EU political landscape. It offers insightful analysis within the evolving framework of relations between the European Union and Australia/Asia-Pacific region.

Hosted by Ticker EU correspondent, Natanael Bloch.

In this episode, Natanael interviews Professor Bruno Mascitelli about the future of the European Union following the June elections. With Ursula von der Leyen re-elected as President of the European Commission, Mascitelli discusses the challenges she may face in her second term and the growing influence of far-right and populist parties in the EU Parliament.

As Hungary takes over the Presidency of the Council of the EU, concerns about its impact arise. The episode also considers the EU’s potential diplomatic role amid escalating tensions in the Middle East and identifies crucial policy areas where the EU must strengthen its stance to compete globally.

 

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Money

China has pledged to “significantly increase” debt to jumpstart its economy

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Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

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