-49% p.a.
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Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. -49 Days active 492 …
tickers: NYT
source: Business Insider
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| NYT | negatively | The negative impact of the significant losses suffered by Russia in the battle for Avdiivka on the media outlet New York Times (NYT) could be seen through potential decreases in readership and engagement as readers may turn to other sources for coverage on this important development in the conflict in Ukraine. |
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summary
Russia suffered significant losses in the recent battle for the strategic town of Avdiivka in Ukraine. Ukrainian forces withdrew from the town over the weekend following intense fighting during the winter months. The battle for Avdiivka, located in Ukraine’s eastern Donbas region, had been a key target for the Russian military. The commander in chief of the Armed Forces of Ukraine cited the need to preserve the lives and health of servicemen as a reason for the withdrawal.
On February 17, Russia declared that it had taken “full control” of Avdiivka, with reports of Russian flags being raised throughout the city. However, Russia paid a high price for this victory, losing over 400 tanks and armored vehicles, along with an estimated thousands of personnel, according to the UK Ministry of Defense. Ukrainian sources claim that more than 17,000 Russian soldiers were killed or injured in the battle, with approximately 30,000 soldiers wounded.
Western estimates align with Ukrainian figures, with a declassified American intelligence assessment from December reporting significant Russian losses of over 13,000 troops killed and wounded, and more than 220 combat vehicles lost in the vicinity of Avdiivka and other cities. The fighting intensified in the following months, with the White House warning of Russia’s potential capture of the town amid challenges faced by Ukrainian forces.
The battle for Avdiivka has been marked by ferocious fighting, with both sides suffering heavy casualties. The town, which was previously home to thousands of residents, has been a focal point in the conflict between Ukraine and pro-Russian separatists, dating back to 2017. With no clear figures on Ukrainian losses, the toll of the battle on both sides remains significant. Avdiivka has been at the frontline of conflict since Russia’s invasion of Ukraine in 2022.
The high casualty count and heavy losses incurred by Russia in the battle for Avdiivka underscore the intensity of the conflict in Ukraine and the ongoing toll on both military forces involved.
