Russian attacks disrupt power in Kyiv, while death toll in a stricken village rises to 40
MeridStreet AI summaryRussian attacks on Ukraine have caused widespread power disruptions in Kyiv, leaving many residents without electricity. The attacks, which involved 310 drones, including 81 jet-powered ones, have also resulted in a significant loss of life in a nearby village, with the death toll rising to 40. This escalation in violence is likely to have a negative impact on Ukraine's economy, particularly its trade and commerce, as power outages can disrupt supply chains and business operations.
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Why it matters
Russian attacks on Ukraine are escalating, causing disruption to power in Kyiv. The increased violence is likely to weigh on investor sentiment and increase uncertainty in the region.
Market impact
Markets & countries in focus
Transmission channels
Likely winners & losers
Winners
- Safe-haven assets
- Defensive stocks
Under pressure
- Ukrainian equities
- Emerging market assets
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