August 1, 2022Newsletter

Russia Update: August 1, 2022


The first ship carrying Ukrainian grain departed the port of Odesa.

Secretary of State Antony Blinken has resisted a push in Congress to label Russia as a terrorist state. Russia has reportedly rejected the U.S. swap offer for WNBA star Brittney Griner.


No news of note


Russia’s Central Bank extended restrictions on foreign cash withdrawals for another six months. Russia halted gas shipments to Latvia.

Swiss exports to Russia surged as sanctions were set to take effect.

Baker Hughes is planning to sell its Russian operations to local employees.

Ukraine Sitrep

The U.S. announced $550 million in additional military assistance for Ukraine.

A drone blew up Russia’s headquarters for its Black Sea Fleet. A Ukrainian agricultural magnate was killed in a missile attack on his house in Mykolaiv.

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