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Yuan direction: Chinese firms head south

Economist Podcasts

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Witnessing Destruction Reveals the Scale of Impact

The devastation at a hit power plant illustrates the remarkable force of destruction experienced in Ukraine's electrical generation sector. The site, characterized by massive wreckage, bent pipes, and a muddy environment, conveys a haunting atmosphere marked by quiet, dark conditions. An engineer's demonstration of damage on the turbine casing shows the severe impact of blasts, highlighting the escalation in targeting of electrical infrastructure. Unlike previous assaults in autumn 2022 that focused on substations and transmission lines, resulting in quick repairs and minimal outages, the current situation hints at an intensified approach, leading to significant challenges in maintaining electricity supply.

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