in about one of half page, discuss the potential impact of war between Russia and Ukraine on the world trade with special consideration of: Globalisation market, Globalisation of production and Declining trade and investment barriers

Zelensky defiant despite Donbas setbacks; Russia claims capture of Lyman Ukrainian President Volodymyr Zelensky pledged Friday to continue fighting for the eastern region of Donbas, where Russian forces have taken more territory In recent days "If the occupiers think that Lyman or Severodonetsk will be theirs, they are wrong. " he said, referring to two cities in the region that are under heavy attack. Russia's Defense Ministry said Saturday its forces now control Lyman, a key transport hub providing access to bridges over the Siversky Donets river, and the British Defense Ministry said most of the Town has probably fallen into Russian hands. Russia is also trying to encircle Severodonetsk, but the regional governor said Saturday that the city has not been cut off. Russian forces in the occupied southern Kherson region have closed the borders to Ukrainian-held territory. Russian state media said Saturday. The regional capital, also called Kherson, was the first major city to fall to Russia following the Feb, 24 invasion. In a virtual meeting Friday with leaders from the Eurasian Economic Union - which links Russia with post-Soviet allies Including Armenia, Belarus and Kyrgyzstan - President Vladimir Putin stressed the importance of working closely to counteract the fallout from Western sanctions. High energy prices and the relative strength of the ruble have cushioned the troubled Russian economy since the invasion. But the country's finance minister said "huge resources" - perhaps $120 billion in budget stimulus - would be needed to sustain the war effort, according to Reuters. Source: https /www.washingtonpost.com/world/20221052russia-ukraine-WALnews Eve-updates