Live updates: follow the latest news on Russia-Ukraine
A Russian-backed breakaway region of Moldova is fast becoming the new front in the war as Russia steps up its offensive in the southern Ukraine.
The Kremlin is accused of staging "false-flag attacks" in Transnistria, a region in Moldova which it occupies.
The interior ministry of Transnistria said on Wednesday that shots were fired at a village housing a Russian arms depot after drones flew over from Ukraine.
"Last night, several drones were noticed in the sky over the village of Kolbasna," the Transnistrian interior ministry said on its website. "The drones were launched on to the territory of Transnistria from Ukraine."
The developments came as Russia intensified attacks on the Black Sea port city of Odesa, which lies less than 160 kilometres east of Transnistria.
A vital bridge in the Odesa region was hit by missiles on Wednesday, a day after several blasts shook Transnistria.
The bridge near the town of Zatoka, 60 kilometres south of Odesa, was damaged in the attack, said Oleksandr Kamyshin, chief executive of Ukraine’s railway operator.
“Today, at 06.45am, the bridge over the Bilhorod-Dnistrovskyi estuary in Odesa region was again hit with missile strikes,” Mr Kamyshin wrote on the Telegram messaging app. There were no reported casualties among railway workers, he said.
Lesia Vasylenko, a Ukrainian MP, said the destruction of the bridge cut off three districts and passage to the border with Romania.
The same bridge was hit by a missile on Tuesday. The dramatic moment was captured on video and posted online. A huge cloud of smoke can be seen rising in the distance after a loud explosion was heard.
Moldovan officials arranged an emergency meeting on Tuesday, with security forces put on high alert after a series of blasts that destroyed radio antennae.
The explosions stoked fears of a potential spillover from the war in neighbouring Ukraine.
The Institute for the Study of War, a US think tank, said Moscow had used the region to stage “false-flag attacks”.
The region is internationally recognised as part of Moldova but is occupied by Russian forces.
The ISW said Russian battalions stationed in Transnistria were probably “not sufficient” to stage an attack on Odesa by themselves. However, experts noted that troops in the region could support Russian forces in attacking the Ukrainian city.
“Russia is staging false-flag attacks in Transnistria, Moldova ... setting conditions for further actions on that front,” the ISW said.
“The two motorised rifle battalions Russia has illegally maintained in Transnistria since the end of the Cold War are not likely sufficient to mount a credible attack on Odesa by themselves, nor are the Russians likely to be able to reinforce them enough to allow them to do so. They could support more limited attacks to the north-west of Odesa, possibly causing panic and creating psychological effects to benefit Russian operations in the south of Ukraine.”
Tension between the Kremlin and the West was exacerbated on Wednesday with Russia’s announcement that it would cut gas supplies to Nato and EU members Poland and Bulgaria.
Gazprom, the state-owned energy producer, said it would cease deliveries to the two countries because they had refused to pay in Russian roubles, as President Vladimir Putin had demanded.
European gas prices shot up, prompting EU Commission President Ursula von der Leyen to accuse the Kremlin of blackmail.
The move came a day after the US and western allies vowed to speed up and improve military supplies to Kyiv.
Polish Prime Minister Mateusz Morawiecki told the parliament in Warsaw that the country would not be cowed by the gas cut-off.
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Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
Brief scores:
Toss: Australia, chose to bat
Australia: 272-9 (50 ov)
Khawaja 100, Handscomb 52; Bhuvneshwar 3-48
India: 237 (50 ov)
Rohit 56, Bhuvneshwar 46; Zampa 3-46
Player of the Match: Usman Khawaja (Australia)
Player of the Series: Usman Khawaja (Australia)
How to vote
Canadians living in the UAE can register to vote online and be added to the International Register of Electors.
They'll then be sent a special ballot voting kit by mail either to their address, the Consulate General of Canada to the UAE in Dubai or The Embassy of Canada in Abu Dhabi
Registered voters mark the ballot with their choice and must send it back by 6pm Eastern time on October 21 (2am next Friday)
Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
MATCH INFO
Euro 2020 qualifier
Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)
TV: Match is shown on BeIN Sports
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COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
Profile of Tamatem
Date started: March 2013
Founder: Hussam Hammo
Based: Amman, Jordan
Employees: 55
Funding: $6m
Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media