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Geopolitics Hub

Policy Backgrounders

CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.

The Weekly News Round-Up: Geopolitical Developments 41

March 03, 2023

Military developments: A series of drones struck locations in Russia on Tuesday, hitting an oil depot, temporarily closing the airport in St. Petersburg, and very nearly hitting a Russian barracks and a Gazprom facility in Moscow’s suburbs. That drone, which crashed, was reported to be a Ukrainian-made UJ-22. Ukraine denied attacking Russian territory. Intense fighting continued near Bakhmut, with pro-Russian separatists reporting seeing a Leopard tank among Ukrainian forces in the battle. Wagner Group head Yevgeny Prigozhin said that Ukraine is mounting “furious resistance” in Bakhmut. Reports on Thursday suggested that Russia is surrounding Bakhmut, using “the most experienced” troops from the Wagner mercenary group, according to a Ukrainian adviser who said that Ukraine is considering a move to “strategically pull back -- because we’re not going to sacrifice all of our people just for nothing.” But the adviser also promised that “our counter-offensives will be around the corner soon.” Ukraine claimed that Russia lost at least 130 tanks and armored personnel carriers in a pitched battle for Vuhledar in southern Ukraine. The New York Times reported that Russia had “made the same mistake that cost Moscow hundreds of tanks earlier in the war: advancing columns into ambushes,” where they met Ukrainian defensive maneuvers. Germany will increase its production of ammunition.

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