How markets reacted to Putin’s mobilization in Ukraine

A Russian service member jumps out of a T-72B3 main battle tank during drills held by the armed forces of the Southern Military District at the Kadamovsky range in the Rostov region, Russia, February 3, 2022. REUTERS/ Sergey Pivovarov/File photo

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LONDON, Sept 21 (Reuters) – Russian President Vladimir Putin announced on Wednesday a “partial mobilization” in which 300,000 Russian reservists will be called up in a significant escalation of Russia’s war in Ukraine.

Putin spoke in Russian. The quotes below were translated into English by Reuters.

PARTIAL MOBILIZATION

“Faced with such a situation, I consider it necessary to make the following decision, which is totally appropriate to the threats we face. Namely, in order to protect our homeland, its sovereignty and territorial integrity, and ensure the safety of our people and individuals. In the liberated territories, I consider it necessary to support the proposal of the Ministry of Defense and the General Staff to carry out partial mobilization in the Russian Federation”.

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“We are talking about a partial mobilization. That is, only citizens who are currently in the reserves and, above all, those who have served in the armed forces, have military skills and relevant experience. Only they will be subject to compulsory military service.”

FIGHT AGAINST THE WEST

“Today, our armed forces are operating on a front line that exceeds 1,000 kilometers, opposing not only neo-Nazi formations, but the entire military machine of the collective West.”

“NATO is conducting reconnaissance in the south of Russia. Washington, London and Brussels are directly putting pressure on Kyiv to carry out military action in our country. They openly say that Russia must be defeated on the battlefield by any means.” “.

NUCLEAR WEAPONS

“Nuclear blackmail has also been used. We are talking not only about the bombing of the Zaporizhzhia nuclear plant, encouraged by the West, which threatens to cause a nuclear catastrophe, but also about the statements of high-ranking representatives of NATO countries about the possibility and permissibility. to use weapons of mass destruction against Russia: nuclear weapons.

“I would like to remind those who make such statements about Russia that our country also possesses various means of destruction, and in some cases they are more modern than those of NATO countries. When the territorial integrity of our country is threatened, we, Of course, we will use all means at our disposal to protect Russia and our people.

“This is not a hoax. And those who try to blackmail us with nuclear weapons should know that the weather vane can turn and point at them.”

REFERENDUMS

“The parliaments of the Donbas People’s Republics, as well as the civil and military administrations of the Kherson and Zaporizhzhia regions, have decided to hold referendums on the future of the territories and have asked Russia to support such a step. We will do everything possible to guarantee safe conditions for holding referendums, so that people can express their will.

“We will support the decision on their future, which will be made by the majority of the residents of the Donetsk and Luhansk People’s Republics, Zaporizhzhia and Kherson.”

WEST TRYING TO ‘DESTROY’ RUSSIA

“In its aggressive anti-Russian policy, the West has crossed all limits. We constantly hear threats against our country and our people.”

“The purpose of this West is to weaken, divide and ultimately destroy our country. They are already saying that in 1991 they were able to disintegrate the Soviet Union, and now the time has come for Russia to disintegrate. And they have been planning it for a long time”.

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Information from Reuters; Edited by Kevin Liffey

Our standards: The Thomson Reuters Trust Principles.

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