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July 25, 2022 Russo-Ukrainian War Updates

Moldova fears a Russian invasion

Natalia Gavrilița, the prime minister of neighboring Moldova, spoke to CNN on Sunday, saying “no one is safe” with the conflict raging in Eastern Europe.

“It’s a hypothetical scenario for now, but if the military actions move further into southwestern Ukraine and towards Odessa, then, of course, we are very worried,” Gavrilița said.

“We are very worried, especially since troops are on the territory of the breakaway region of Transnistria,” she said.

“We are doing everything we can to maintain peace and stability and to ensure that the fighting does not escalate.”

Moldova is home to a large pro-Russian separatist population based in the breakaway state of Transnistria.

—Matt Clinch

UK to host Eurovision Song Contest 2023

Ukraine’s Kalush Orchestra celebrates after winning the Eurovision Song Contest grand final at the Palaolimpico arena, in Turin, Italy, Saturday, May 14, 2022.

Lucas Bruno | PA

The European Broadcasting Union has confirmed that the UK will host the Eurovision Song Contest next year on behalf of war-torn Ukraine.

“Following the decision that unfortunately next year’s event could not be held in Ukraine for safety and security reasons, the EBU has explored a number of options with the winning broadcaster” , the EBU said in a statement.

“Following discussions, the BBC, as finalists in the 2022 competition, have been invited by the EBU to act as host broadcaster for the 67th Eurovision Song Contest.”

Kalush Orchestra’s ‘Stefania’ finished first at the 2022 event in May, while Britain’s Sam Ryder came second with ‘Space Man’.

—Matt Clinch

Food inflation due to Russian-Ukrainian war could last until 2024: CEO

Sunny Verghese, CEO of major food and agribusiness group Olam, told CNBC that it’s hard to predict how much food prices will rise.

Kremlin says Odessa strikes hit military infrastructure

Rescue teams search the rubble of buildings destroyed in nighttime attacks for survivors, in the town of Chuhuiv, Kharkiv region, July 25, 2022, amid the Russian invasion of Ukraine.

Sergei Bobok | AFP | Getty Images

A Kremlin spokesman insisted on Monday that the strikes in Odessa over the weekend targeted military infrastructure.

Repeating an earlier Defense Ministry statement, Dmitry Peskov told reporters that the strikes would not influence the region’s earnings exports.

Ukrainian President Volodymyr Zelensky called Saturday’s strikes an act of barbarism.

—Matt Clinch

Wheat prices rise after Odessa attack

A fire destroys a wheat field as Russian troops shell fields to prevent local farmers from harvesting grain, Polohy district, Zaporizhzhia region, southeastern Ukraine.

Dmytro Smolyenko | Edition of the future | Getty Images

Wheat futures prices for September at the Chicago Board of Trade rose 3.6% on Monday morning as traders expressed caution over a grain export deal signed by Russia and Ukraine last week.

The two countries signed a UN-backed agreement on Friday to resume Ukrainian grain exports via the Black Sea. The deal is important for global food supplies, but also because it is the first major agreement between the two sides since Moscow launched its unprovoked assault on February 24.

But Ukraine said on Saturday that Russian missiles hit the port of Odessa in southern Ukraine, casting doubt on the new pact.

Russia likely struggling to repair combat vehicles, UK says

A view shows a military convoy of the armed forces of the self-declared separatist Luhansk People’s Republic (LNR) on a road in Luhansk region, Ukraine, February 27, 2022.

Alexander Ermoshenko | Reuters

Posting one of its daily updates on Twitter, the UK Ministry of Defense said it had located a Russian military vehicle overhaul and refurbishment facility near Barvinok in Russia’s Belgorod Oblast, near from the Ukrainian border.

He added that at least 300 damaged vehicles were at the facility, including armored personnel trucks and tanks.

“In addition to its well-documented personnel issues, Russia likely continues to struggle to extract and repair the thousands of combat vehicles that were damaged in combat in Ukraine,” he said in the update.

—Matt Clinch