Russian proxies claim control of key town in east Ukraine

Friday, May 27, 2022

by Linda Noakes

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Police face questions over their response to the Texas school massacre, new arms extend Ukraine's reach, and world stocks eye their first weekly gain in eight weeks

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A view shows Ukrainian positions being hit by shelling in the Donetsk region, in this still image taken from an undated video seen on social media May 25, 2022

RUSSIA-UKRAINE WAR

Russia's separatist proxies in eastern Ukraine claimed full control of the important battlefield town of Lyman, and Ukraine appeared to concede it, as Moscow presses its biggest advance for weeks.

Lyman, site of a key railway hub, has been a major front line as Russian forces press down from the north, one of three directions from which they have been attacking Ukraine's industrial Donbas region.

As the United States and its allies provide Ukraine with increasingly sophisticated arms, Washington has held discussions with Kyiv about the danger of escalation if it strikes deep inside Russia, U.S. and diplomatic officials tell Reuters.

Ukrainian President Volodymyr Zelenskiy complained about divisions inside the European Union over more sanctions against Russia and asked why some nations were being allowed to block the plan.

President Vladimir Putin said that he was glad some foreign companies had left Russia because home-grown businesses could take their place, and he warned the West that Moscow would still find ways to acquire advanced technology and luxury goods.

Here's what you need to know about the conflict right now

A police officer sets flowers from someone mourning at a memorial at Robb Elementary School in Uvalde, Texas, May 26, 2022


U.S.


The gunman in the Texas school massacre barged unchallenged through an unlocked door, then killed 19 children and two teachers while holed up in their classroom for an hour before a tactical team stormed in and killed him, police said. Here's a timeline of events.

Gun safety advocates are pushing President Joe Biden to take stronger measures on his own to curb gun violence, but the White House is putting responsibility on Congress to pass laws that would have more impact.

The National Rifle Association is likely to shrug off new calls for more gun control measures at its annual gathering starting today in Houston. We look at how Canada, Australia and the UK changed laws after mass shootings.

Former President Donald Trump must testify under oath in the New York Attorney General’s civil investigation into his business practices, an intermediate state appeals court ruled.

An election official in Wisconsin has resigned, saying he lost the backing of fellow Republicans because of his refusal to support Trump's false claims of fraud in the 2020 presidential election.

Jurors will begin deliberations on the dueling defamation claims from actors Johnny Depp and Amber Heard following six weeks of explicit and graphic evidence and testimony that detailed the former Hollywood couple's soured relationship. Here are the key moments from the trial.

WORLD


The United States will not block China from growing its economy, but wants it to adhere to international rules, Secretary of State Antony Blinken said in a long-awaited speech on U.S. strategy to address China's rise as a great power.

Shanghai took more gradual steps towards lifting its COVID lockdown while Beijing was investigating cases where its strict curbs were affecting other medical treatments as China soldiered on with its uneven exit from restrictions. With no work and nowhere to live, one rural migrant told us of his lockdown ordeal.

Books about the late Philippine dictator Ferdinand Marcos and his brutal era of martial law are flying off the shelves, spurred by 'panic buying' after his son and namesake won a May 9 presidential election. Ferdinand ‘Bongbong’ Marcos Jr.'s presidency has many people worried about losing access to accounts of his father's rule, given his family's decades-long effort to rehabilitate its name.

Iraq's parliament approved a law that will ban normalizing relations with Israel, at a time when several Arab countries have established formal ties. Iraq has never recognized the state of Israel since its establishment in 1948 and Iraqi citizens and companies cannot visit Israel.

Heavy fighting raged in eastern Democratic Republic of Congo between the army and M23 rebels, who are waging their most sustained offensive since a 2012-2013 insurrection that briefly overran the major city of Goma.

BUSINESS


World stocks were heading for their first weekly gain in eight weeks on a more upbeat earnings view while the dollar hit one-month lows after the Federal Reserve's minutes suggested it could put the brakes on rapid rate hikes later this year.

Broadcom said it will acquire cloud computing company VMware in a $61 billion cash-and stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software. Here's how Broadcom CEO Hock Tan has shaped a tech giant through acquisitions.

Billionaire Elon Musk was sued by Twitter investors claiming he manipulated the company's stock price downward, as the chief executive of electric carmaker Tesla mounts a $44 billion takeover bid for the social media platform.

China Evergrande Group is considering repaying offshore public bondholders owed around $19 billion with cash instalments and equity in two of its Hong Kong-listed units, two sources said, as the world's most indebted developer looks to emerge from its financial woes.

Alphabet's Google is in talks with the Indian government to integrate its shopping services with the country's open e-commerce network ONDC, sources familiar with the matter told Reuters. India soft-launched its Open Network for Digital Commerce late last month as the government tries to end the dominance of Amazon.com and Walmart.

DAVOS

World leaders and financiers are leaving Davos with an urgent sense of the need to reboot and redefine 'globalization'.

See our full coverage of the World Economic Forum

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