Ukraine Says it Sank Russian Submarine, Hit Airfield, Oil Depots

Chief of the General Staff of Russian Armed Forces Valery Gerasimov meets with service members who, according to the Defense Ministry, participated in taking Avdiivka, at a Russian military command center in a location given as Russian-controlled Ukraine, in this still image taken from video released February 21, 2024. (Russian Defense Ministry/Handout via Reuters)
Chief of the General Staff of Russian Armed Forces Valery Gerasimov meets with service members who, according to the Defense Ministry, participated in taking Avdiivka, at a Russian military command center in a location given as Russian-controlled Ukraine, in this still image taken from video released February 21, 2024. (Russian Defense Ministry/Handout via Reuters)
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Ukraine Says it Sank Russian Submarine, Hit Airfield, Oil Depots

Chief of the General Staff of Russian Armed Forces Valery Gerasimov meets with service members who, according to the Defense Ministry, participated in taking Avdiivka, at a Russian military command center in a location given as Russian-controlled Ukraine, in this still image taken from video released February 21, 2024. (Russian Defense Ministry/Handout via Reuters)
Chief of the General Staff of Russian Armed Forces Valery Gerasimov meets with service members who, according to the Defense Ministry, participated in taking Avdiivka, at a Russian military command center in a location given as Russian-controlled Ukraine, in this still image taken from video released February 21, 2024. (Russian Defense Ministry/Handout via Reuters)

Ukraine's military said on Saturday it had sunk a submarine in Russian-controlled Sevastopol, attacked a southern Russian airfield and hit oil depots and fuel and lubricant storage facilities in Belgorod, Kursk and Rostov regions.

"A Russian submarine went to the bottom of the Black Sea," the defense ministry said in a post on X, naming the vessel as the B-237 Rostov-on-Don attack submarine, Reuters reported.

The military's general staff said the attack on Sevastopol port also significantly damaged four launchers of the S-400 anti-aircraft "Triumf" defense system.

There was no immediate comment by Russia on the Sevastopol attack.

In other, overnight attacks, the military said it hit an ammunition depot at Morozovsk airfield where Russian forces stored guided aerial bombs among other equipment and a number of oil depots and fuel storage facilities.

"Russian combat aviation must be destroyed wherever it is, by all effective means. It is also quite fair to strike at Russian airfields. And we need this joint solution with our partners - a security solution," Ukrainian President Volodymyr Zelenskiy wrote on the Telegram messaging app.

The Ukrainian president has repeatedly called on his Western allies for permission to use their weapons for long-range attacks on Russia, in addition to striking military targets close to the border.

He said on Saturday that Russian forces had used over 600 guided aerial bombs to attack Ukraine in the past week.

The attack on oil depots and fuel and lubricant storage facilities in Belgorod, Kursk and Rostov regions set fire to at least two oil tanks, according to the Ukrainian military report.

In Russia, local officials reported that tanks at a fuel storage depot in the Kamensky district of Rostov region caught fire as a result of a drone attack.

The regional governor of Belgorod also said Ukraine-launched drones caused a fire at an oil storage depot there, adding that the fire was extinguished and no one was injured.

Ukraine has dramatically stepped up its use of long-range drones this year to attack Russian oil facilities, attempting to damage sites fueling Russian forces and the country's economy in Moscow's 29-month-old invasion.



Wars Top Global Risk as Davos Elite Gathers in Shadow of Fragmented World

A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)
A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)
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Wars Top Global Risk as Davos Elite Gathers in Shadow of Fragmented World

A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)
A view of a logo during the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. (Reuters)

Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released on Wednesday showed, a reminder of the deepening global fragmentation as government and business leaders attend an annual gathering in Davos next week.

Nearly one in four of the more than 900 experts surveyed across academia, business and policymaking ranked conflict, including wars and terrorism, as the most severe risk to economic growth for the year ahead.

Extreme weather, the no. 1 concern in 2024, was the second-ranked danger.

"In a world marked by deepening divides and cascading risks, global leaders have a choice: to foster collaboration and resilience, or face compounding instability," WEF Managing Director Mirek Dusek said in a statement accompanying the report.

"The stakes have never been higher."

The WEF gets underway on Jan. 20 and Donald Trump, who will be sworn in as the 47th president of the United States the same day and has promised to end the war in Ukraine, will address the meeting virtually on Jan. 23. Ukraine President Volodymyr Zelenskiy will attend the meeting and give a speech on Jan. 21, according to the WEF organizers.

Among other global leaders due to attend the meeting are European Commission President Ursula von der Leyen and China's Vice Premier Ding Xuexiang.

Syria, the "terrible humanitarian situation in Gaza" and the potential escalation of the conflict in the Middle East will be a focus at the gathering, according to WEF President and CEO Borge Brende.

Negotiators were hammering out the final details of a potential ceasefire in Gaza on Wednesday, following marathon talks in Qatar.

The threat of misinformation and disinformation was ranked as the most severe global risk over the next two years, according to the survey, the same ranking as in 2024.

Over a 10-year horizon environmental threats dominated experts' risk concerns, the survey showed. Extreme weather was the top longer-term global risk, followed by biodiversity loss, critical change to earth's systems and a shortage of natural resources.

Global temperatures last year exceeded 1.5 degrees Celsius (34.7 degrees Fahrenheit) above the pre-industrial era for the first time, bringing the world closer to breaching the pledge governments made under the 2015 Paris climate agreement.

A global risk is defined by the survey as a condition that would negatively affect a significant proportion of global GDP, population or natural resources. Experts were surveyed in September and October.

The majority of respondents, 64%, expect a multipolar, fragmented global order to persist.