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Russia-Ukraine war live news: UN hails ‘critical step forward’ in resuming grain exports; Russia shells Mykolaiv, mayor says

Turkey to set up coordination centre for grain export; Russia targeted civilian structures in Mykolaiv, mayor says

  • Turkey announces deal to resume Ukraine’s grain exports
  • At a glance: what we know on day 141 of the invasion

Images of Ukrainian territorial defence troops having dinner outside the town of Bucha, near Kyiv, have dropped over the wires this morning.

Hot meals were served to servicemen after a combat tactic training exercise.

It is going to be a tough 2022—and possibly an even tougher 2023, with increased risk of recession.

The human tragedy of the war in Ukraine has worsened. So, too, has its economic impact especially through commodity price shocks that are slowing growth and exacerbating a cost-of-living crisis that affects hundreds of millions of people—and especially poor people who cannot afford to feed their families. And it’s only getting worse.

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