Wallace: Putin’s announcement of partial mobilization and annexation of parts of Ukraine is an admission of the failure of his invasion

British Defense Secretary Ben Wallace said “Russian President Vladimir Putin’s announcement of partial mobilization and illegal annexation of parts of Ukraine is an admission of the failure of his invasion.”

“Threats cannot hide the fact that Ukraine is winning the war and Russia has become a global pariah,” the statement said.

Some time ago, Russian President Vladimir Putin announced, according to the Russian news agency TASS, the partial mobilization of the Russian army. He also noted: “I have decided to launch a preemptive strike, the purpose of which is to liberate lands in the Donbass.”

This decision had an impact around the world, as the American newspaper Financial Times reported that “the dollar rose to its highest level in 20 years after Russian President Vladimir Putin announced the partial mobilization of the Russian army.”

In this regard, Bloomberg reported that European stocks fell after the Russian president announced a partial mobilization, while oil prices rose.