In the midst of war, Ukraine’s economy says the country lost more than $560 billion due to the Russian invasion

The raging war between Russia and Ukraine has so far cost Ukraine $564.9 billion in infrastructure damage. Besides, the country has lost its economic growth along with other factors, Economy Minister Yulia Svyrydenko said on March 28. In an online post, she claimed the battle damaged or destroyed 8,000 kilometers (4,970 miles) of road and 10 million square meters of housing. . She went on to say that the numbers are changing every day and unfortunately they are increasing. Svyrydenko further added that evil will undoubtedly be punished and Russia will bear the brunt of its own criminal actions in Ukraine.

Update on the Russian-Ukrainian War

Also, according to media reports, the Kremlin said peace talks between Russia and Ukraine could start on Monday in Turkey and that it was crucial that they take place face to face after what it described as a lack of meaningful progress in the negotiations so far. In a telephone conversation on Sunday, Russian President Vladimir Putin and his Turkish counterpart Tayyip Erdogan agreed that Istanbul would host the talks, which Ankara hopes will lead to a truce in Ukraine.

Meanwhile, Ukrainian Deputy Prime Minister Iryna Vereshchuk said that due to intelligence assessments warning of possible Russian ‘provocations’ along the roads, Ukraine was not planning to open of humanitarian corridors to evacuate residents of besieged towns on Monday. Russia is increasingly focusing its efforts in the east to degrade the Ukrainian military in order to force kyiv to surrender part of the country’s territory and thus end the war.

Image: AP

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Christi C. Elwood