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CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.
Ukraine continued its long-awaited counteroffensive, focusing on the region of Kherson in southern Ukraine. A Ukrainian official called the counteroffensive a “planned slow operation to grind the enemy,” and this appears to be the case. Prior to the counteroffensive, Ukraine had made intensive strikes against Russian ammunition dumps. A former head of Britain’s MI6 intelligence agency said that the counteroffensive showed that the two sides had “reached some kind of balance [.]” a positive development. Ukraine is claiming some success; perhaps the best evidence for this is that because of “current developments,” Russia has “paused” its plans for a referendum in the Kherson region on joining Russia. In a surprise, Ukraine is also attacking near Kharkiv in the east and has recaptured perhaps as much as 400 square kilometers of territory, in an effort to cut Russian communication lines in eastern Ukraine. Ukrainian President Zelenksky said the war is at a “pivotal moment” and “each success of our military in one direction or another changes the general situation along the entire frontline in favor of Ukraine.”
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