There has been a sharp lunge in risk assets, with futures and euro tumbling, offset by a flight to safety which has sent Treasuries, the dollar and yen sharply higher, after reports that Russia has started shelling Ukraine’s Zaporizhzhia nuclear power plant Europe’s largest, which accounts for one quarter of Ukraine’s power generation, and which has caught fire.
“There is a real threat of nuclear danger in the biggest atomic energy station in Europe,” AP reports Andriy Tuz as saying Reuters reporter Phil Stewart confirmed the report in a tweet, citing local town mayor.
The Ukraine’s foreign minister Dmytro Kuleba has confirms Zaporizhzhia fire, saying “If it blows up, it will be 10 times larger than Chornobyl! Russians must IMMEDIATELY cease the fire, allow firefighters, establish a security zone!.”
The Tribulation is commencing…
Please repent, carry your cross daily and accept the free gift of Jesus Christ’s Death on the Cross for payment for your sins.
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