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Ukraine-Russia crisis LIVE: Germany takes steps to halt Nord Stream 2
PremiumRussia Ukraine crisis LIVE: The UN Security Council has scheduled an emergency meeting for Monday night, and the U.S. has moved to impose sanctions.
Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war.
The moves drew U.S. and European condemnation and vows of new sanctions although it was not immediately clear whether the Russian military action would be regarded by the West as the start of a fullscale invasion. The area was already controlled by Russian-backed separatists and Moscow in practice.
22 Feb 2022, 05:00:44 PM IST
White House to announce fresh sanctions on Russia over Ukraine
The United States will announce potentially severe new sanctions and export controls against Russia on Tuesday in response to Moscow's decision to recognize two breakaway regions of Ukraine as independent and send troops there.
22 Feb 2022, 04:40:45 PM IST
Scholz says Germany halting Nord Stream 2 project
Germany's Olaf Scholz says the country is halting Nord Stream 2 project.
22 Feb 2022, 04:14:44 PM IST
Indian bond yields rise, rupee falls as Ukraine tensions escalate
India's benchmark 10-year bond yield rose further in afternoon trade on Tuesday, while the rupee weakened, due to global risk aversion amid an escalation of tensions in Ukraine, which also pushed up oil prices close to $100 a barrel.
India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close.
The partially convertible rupee closed at 74.8750 per dollar, weaker compared with its previous close of 74.5050.
22 Feb 2022, 03:30:10 PM IST
Energy prices surge on Ukraine with oil closing in on $100
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces" to the two breakaway areas of Ukraine that he officially recognized on Monday.
European natural gas led gains in commodities, jumping as much as 13%. Brent oil was closing in on $100 a barrel, and German power and coal prices rose. Russia’s move is a dramatic escalation in its standoff with the West over Ukraine, with the U.S. and the U.K. saying they plan to announce new sanctions as soon as Tuesday.
22 Feb 2022, 03:13:30 PM IST
EXPLAINER: How Western sanctions might target Russia
Here are some ways sanctions could target Russia:
BANKS & FINANCIAL FIRMS
Some smaller Russian state-owned banks are already under sanctions: Washington imposed curbs on Bank Rossiya in 2014 for its close ties to Kremlin officials.
According to sources, the Biden administration has prepared a sweeping measure to hurt the Russian economy which would cut the "correspondent" banking relationships between targeted Russian banks and U.S. banks that enable international payments.
INDIVIDUALS
Sanctioning persons via asset freezes and travel bans is a commonly used tool and the United States, the EU and Britain already have such sanctions in place against a number of Russian individuals.
CURBING CHIPS
The White House has told the U.S. chip industry to be ready for new restrictions on exports to Russia if Moscow attacks Ukraine, including potentially blocking Russia's access to global electronics supplies.
ENERGY CORPORATES & NORD STREAM 2
The United States and the EU already have sanctions in place on Russia's energy and defence sectors, with state-owned gas company Gazprom, its oil arm Gazpromneft and oil producers Lukoil, Rosneft and Surgutneftegaz facing various types of curbs on exports/imports and debt-raising.
Sanctions could be widened and deepened, with one possible option being to prevent companies settling in U.S. dollars.
SOVEREIGN DEBT
Access to Russian bonds has become increasingly restricted and sanctions could be tightened further, with a ban on secondary market trading of both new Eurobond and new Russian rouble bonds known as OFZs floated as an option.
22 Feb 2022, 03:07:37 PM IST
Kremlin takes another step towards the revival of Soviet Union: Ukraine minister
Russia's decision to recognise two breakaway regions in eastern Ukraine means that the Kremlin has taken another step towards the revival of the Soviet Union, Ukraine's Defence Minister Oleksii Reznikov said on Tuesday.
"The Kremlin has taken another step towards the revival of the Soviet Union. With the new Warsaw Pact and the new Berlin Wall," he said in a statement.
22 Feb 2022, 02:28:31 PM IST
Ukraine says time for 'tough sanctions' against Russia
Ukraine demanded severe sanctions against Russia on Tuesday as Western diplomats debated whether Moscow's decision to deploy troops to rebel-held eastern Ukraine is enough to trigger massive economic punishment.
In a statement issued during a visit to Washington, Foreign Minister Dmytro Kuleba said he was working with Kyiv's Western friends "to impose tough sanctions against the Russian Federation."
22 Feb 2022, 02:21:16 PM IST
Russia moves to cement ties with Ukraine's rebels
Russia moved quickly Tuesday to secure its hold on Ukraine's rebel regions following the recognition of their independence with legislation allowing the deployment of troops there in a challenge to Western governments, which are preparing to announce sanctions against Moscow.
22 Feb 2022, 02:08:48 PM IST
'Leave Ukraine': Indian embassy advises students again
The Indian embassy in Kyiv on Tuesday again advised students to temporarily leave Ukraine rather than wait for an official confirmation from universities amid the growing tensions in the region.
This latest advisory comes against the backdrop of Russia's decision to recognize the independence of breakaway regions Donetsk and Luhansk.
22 Feb 2022, 12:11:06 PM IST
Moscow says still ready for Ukraine talks with Blinken
Moscow said Tuesday Russian Foreign Minister Sergei Lavrov was still ready for talks with US Secretary of State Antony Blinken, after President Vladimir Putin ordered troops into Ukraine's two separatist regions.
"Even during the most difficult moments... we say: we are ready for negotiations," foreign ministry spokeswoman Maria Zakharova said in remarks aired on YouTube.
22 Feb 2022, 11:47:46 AM IST
Russia ready for talks
Moscow says still ready for talks with Blinken: foreign ministry
22 Feb 2022, 11:31:23 AM IST
EU & UK will also announce sanctions on Russia today
EU & UK will also announce sanctions on Russia today. US Has already announced that it would impose additional sanctions on Russia today
22 Feb 2022, 10:48:55 AM IST
Ukraine crisis: Where are Donetsk, Luhansk and why they are in focus?
Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war. Full story here
22 Feb 2022, 09:08:40 AM IST
20,000 Indians in Ukraine, their safety top priority: India at UNSC meet
"Safety and security of civilians essential. More than 20,000 Indian students and nationals live and study in different parts of Ukraine. The well-being of Indians is of priority to us," India's Permanent Rep to United Nations TS Tirumurti said at UNSC meet on Ukraine.
22 Feb 2022, 08:31:28 AM IST
Indian stock markets likely to see heavy losses as Ukraine crisis escalates
Global equities slumped today while oil jumped to a seven-year high after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine. Read more here
22 Feb 2022, 08:30:09 AM IST
U.S. slams Russian peacekeepers in Ukraine as 'nonsense'
The deployment of what Russia called a peacekeeping operation in eastern Ukraine is "nonsense" and Moscow's recognition of the breakaway regions as independent is part of its pretext for war, the United States told the U.N. Security Council on Monday.
22 Feb 2022, 08:14:04 AM IST
Clear attack on Ukraine’s sovereignty, territorial integrity: Blinken
Strongly condemning President Vladimir Putin’s decision to recognise the so-called “Donetsk and Luhansk People’s Republics" as “independent," US Secretary of State Tony Blinken on Monday said that this is a clear attack on Ukraine’s sovereignty and territorial integrity.
22 Feb 2022, 07:53:35 AM IST
US AMBASSADOR TO UN
U.S. AMBASSADOR TO U.N. SAYS RUSSIAN PROXIES HAVE ALREADY 'DRAMATICALLY' INCREASED SHELLING AND ARTILLERY FIRE OVER THE WEEKEND.
22 Feb 2022, 06:48:07 AM IST
UN Security Council Holds Emergency Meeting
The decision-making body of the United Nations, the UN Security Council, will hold an emergency meeting on Monday night at 9 p.m. New York time. The session will be open, meaning people will be allowed to listen in on the discussion. Expect a lively debate but not much more.
22 Feb 2022, 06:46:52 AM IST
Ukraine president to nation: ‘We are not afraid of anyone’
Ukrainian President Volodymyr Zelenskyy has told the nation that Ukraine is “not afraid of anyone or anything."
He spoke during a chaotic day in which Russia appeared to be moving closer to an invasion, with President Vladimir Putin recognizing separatist regions of eastern Ukraine and then ordering forces there.
22 Feb 2022, 06:46:53 AM IST
Price of WTI crude oil up 3% as Ukraine crisis intensifies
New York's West Texas Intermediate crude contract rose more than three percent on Tuesday as Russian President Vladimir Putin ordered troops to deploy in separatist areas of Ukraine.
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