Ukraine and Russia: What you need to know right now
* Russian President Vladimir Putin likely still wants to capture much if not all of Ukraine but has had to narrow his tactical objectives in war, the U.S. Under Secretary of Defense for Policy said.
Ukraine ignored a Russian ultimatum to surrender the eastern city of Sievierodonetsk as the United States announced more weapons for Kyiv and urged its allies also not to "lose steam" in providing military support. FIGHTING * Russia-backed separatists said a humanitarian corridor planned to take Ukrainian civilians from Sievierodonetsk's Azot plan to territory they control had been disrupted by Ukraine's shells * The governor of the Luhansk region said about 500 civilians remain on the grounds of Azot, including 40 children. * Ukrainian forces are suffering painful losses against Russian troops in both Sievierodonetsk and the Kharkiv region, President Zelenskiy said. * British military intelligence said Russian forces had likely taken fixed positions around Azot, while Ukrainian fighters could survive in underground parts of the plant. * Russian President Vladimir Putin likely still wants to capture much if not all of Ukraine but has had to narrow his tactical objectives in war, the U.S. Under Secretary of Defense for Policy said. * Russian Deputy Foreign Minister Sergei Ryabkov said Moscow rejected the ideology of limited nuclear war, and any accusations to the contrary by the West were groundless, according to the RIA news agency.
DIPLOMACY * President Joe Biden announced a fresh infusion of $1 billion in weapons for Ukraine that includes anti-ship rocket systems, artillery rockets, howitzers and ammunition. * Chinese President Xi Jinping spoke by phone with Vladimir Putin, telling his Russian counterpart all parties should promote proper resolution of the crisis, Chinese state media reported. * Russia said it has offered "safe passage" for Ukraine grain shipments from the country's Black Sea ports but is not responsible for establishing the corridors, as Turkey suggested that ships could be guided around sea mines. * The European Union's executive is expected to propose on Friday that Ukraine become a formal candidate for membership of the bloc, diplomats and officials say, a significant political gesture to the country as it resists Russia's invasion. ECONOMY * Russia's invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing prices to record levels, Kyiv's agriculture minister said. * U.S. President Biden said temporary grain silos would be built along the border with Ukraine, including in Poland, in a bid to help export more of the crop. * The United States will allow certain energy-related transactions with Sberbank, VTB Bank, Alfa-Bank and several other Russian entities to continue through Dec. 5, the U.S. Department of Treasury said. * Furniture giant IKEA said on Wednesday it would further scale its operations in Russia
NATO * Ukraine said the defenders of Sievierodonetsk wanted to know when weapons would arrive. "Brussels, we are waiting for a decision," a presidential aide said. * NATO Secretary General Stoltenberg said the alliance was "extremely focused on stepping up support," at a meeting of dozens of defense ministers in Brussels. * A NATO summit in Madrid later this month is expected to agree an assistance package for Ukraine that will help the country with the move from old Soviet-era weaponry to NATO standard gear, Stoltenberg said. (Compiled by Simon Cameron-Moore, Frank Jack Daniel and Toby Chopra)
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