Moscow announced it would ban the sale of its oil to countries involved in capping its price on the global market, even as an official projected the Russian economy would shrink by up to 1 percent in 2023, marking a continuation of its slump this year. The country’s economy has reeled under the effect of Western sanctions, and G-7 leaders hope to impact the Kremlin’s funding further with their oil price cap.
In Kyiv, officials warned the capital would see emergency power outages all winter, despite workers racing to repair infrastructure damaged by shelling.
Here’s the latest on the war and its ripple effects across the globe.
4. From our correspondents
In Lyman and Yampil, entire neighborhoods have already been leveled, with the tops of apartment buildings blown off by shells, massive craters left next to children’s playgrounds, and just a few dozen elderly people left and scarred from ceaseless shelling.
