Daily Briefing

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Morning Headlines

Reuters: The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.

Yahoo News: Russian attacks on eastern and southern Ukraine killed at least four people on Wednesday, officials said, as Kyiv called for more Patriot air defence systems to battle a surge in missile strikes.

CNN: The final death toll from the Moscow concert hall attack last week could be higher than the 143 confirmed dead, as Russian investigators said they have received more than 100 reports of missing people.

Bloomberg: Two years ago, Dubai became a hot favorite with Russians looking to park money or build new lives after Putin’s invasion of Ukraine. That allure is now dimming as the cost of living in the glitzy emirate surges and its banks get stricter in enforcing US sanctions (archive).

The Kyiv Independent: Estonian police have arrested Svetlana Burceva, an Estonian citizen, for allegedly violating international sanctions having served as a reporter for Russian state sponsored Balt News - an arm of the Kremlin-run Russia Today news outlet.

Reuters: The United States on Wednesday announced sanctions on six individuals and two entities based in Russia, China and the United Arab Emirates, accusing them of channeling funds to North Korea's weapons programs.

More News

Bloomberg: Germany plans to speed up the approval of weapons purchases and provide more planning certainty for big arms contracts in a push to adapt its defense industry after Russia’s invasion of Ukraine (archive).

RFE/RL: Latvia has declared one employee of the Russian Embassy persona non grata and expelled him from the country.

ISW: Russia cannot defeat Ukraine or the West - and will likely lose - if the West mobilizes its resources to resist the Kremlin. The West’s existing and latent capability dwarfs that of Russia.

Bloomberg: European Union member states struck a hard-fought compromise Wednesday to extend tariff-free trade for Ukraine for another year as farmers across the bloc have been protesting food imports from the war-torn nation (archive).

Reuters: Russia has increased gasoline imports from neighbouring Belarus in March to tackle the risk of shortages in its domestic market because of unscheduled repairs at Russian refineries after drone attacks.

Reuters: Prosecutors in Hamburg charged four Germans and one Swiss-French citizen with violating sanctions by helping export Siemens gas turbines to Crimea, the Ukrainian peninsula annexed by Russia.

Reuters: Latvia is open to various funding options to boost the European Union's military capabilities in light of Russia's invasion of Ukraine, Prime Minister Evika Silina said at a news conference in the German capital with Chancellor Olaf Scholz.

AFP: Czech intelligence has busted a Moscow-financed network that spread Russian propaganda and wielded influence across Europe, including in the European Parliament, Prime Minister Petr Fiala said on Wednesday.

Reuters: Russia may have used a new type of guided bomb in airstrikes on the northeastern Ukrainian city of Kharkiv that killed at least one person on Wednesday, local officials said. Four children including a three-month-old baby were among 19 people wounded.

Reuters: In an anonymous warehouse in southern England, engineers at Evolve Dynamics are working on technology that could help keep Ukraine's reconnaissance drones in the sky even after Russia tries to jam them electronically.

Reuters: Poland has decided to double its contribution to a Czech-led plan to buy ammunition for Ukraine, the foreign minister said on Wednesday during a visit to Latvia.

The Kyiv Independent: Russian forces in occupied Crimea are constructing barriers at the entrance to Sevastopol Bay to prevent further Ukrainian strikes on the Black Sea fleet, the partisan group Atesh reported.

Reuters: A European Parliament group invited Ukraine's President Volodymyr Zelenskiy and his party's lawmakers to take part in some of its activities, a token of friendship and a way to involve Ukraine in EU processes ahead of its accession talks.

AFP: Ukraine's SBU security service said Wednesday it had detained two agents of Russia's intelligence agency accused of passing the location of sensitive military targets to enemy forces.

Reuters: Samsung Pay, a payment service owned by South Korea's Samsung Electronics, will stop working with Russia's national Mir payment cards from April 3, the two payment systems said on Wednesday.

Business Insider: Russia has increasingly relied on glide-bomb strikes to hammer Ukrainian defenses while keeping its attack aircraft mostly out of harm's way.

worth mentioning

Why the Russian authorities shared graphic footage of the Moscow terrorism suspects being tortured

How events in Moldova’s breakaway Transnistria region raised fears of Russian interference

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