Russia-Ukraine Conflict LIVE Updates: Russia’s largest lender Sberbank has said it is quitting the European market due to Western sanctions levelled against the bank
An armed man stands by the remains of a Russian military vehicle in Bucha, close to the capital Kyiv, Ukraine, Tuesday, March 1, 2022
Russia-Ukraine Conflict LATEST Updates: Russia’s largest lender Sberbank has said it is quitting the European market due to Western sanctions levelled against the bank.
“In the current environment, Sberbank has decided to withdraw from the European market,” the lender said in a statement carried by Russian news agencies.
The bank’s European subsidiaries were facing “abnormal cash outflows and threats to the safety of employees and branches”, the statement said.
Google has blocked mobile apps connected to RT and Sputnik from its Play store, in line with an earlier move to remove the Russian state publishers from its news-related features.
A C-17 Globemaster aircraft of the Indian Air Force left for Romania on Wednesday morning carrying humanitarian aid to Ukraine. The aircraft is expected to bring back Indians from Romania, who exited war-hit Ukraine through its border crossings. Officials said the aircraft left for Romania early morning. India on Tuesday sent the first tranche of humanitarian assistance comprising medicines and other relief materials to Ukraine via Poland.
Moscow stock market will stay closed for the third consecutive day on Wednesday, the Moscow Times reports. The Russian brokers have been ordered to reject sell orders from foreign investors when the market eventually reopens.
Twitter will comply with the European Union’s sanctions on Russian state-affiliated media RT and Sputnik when the EU order takes effect, the social network said on Tuesday.
“The European Union (EU) sanctions will likely legally require us to withhold certain content in EU member states,” a Twitter spokesperson said in an emailed statement to Reuters. "We intend to comply with the order when it goes into effect.”
The 193-member General Assembly scheduled a vote on the resolution for Wednesday afternoon after hearing 120 speeches. Unlike Security Council resolutions, General Assembly resolutions are not legally binding but they do have clout in reflecting international opinion, report
The Indian embassy in Polish capital Warsaw on Wednesday advised Indians stuck in Lviv and Ternopil and other places in western Ukraine to travel at the earliest to the Budomierz border check-point for a relatively quick entry into Poland.
Russian airborne troops landed in the eastern Ukrainian city of Kharkiv on Wednesday, the Ukrainian army said, adding that there were immediate clashes, reports AFP.
The United States will contribute half of the 60 million barrels of oil International Energy Agency (IEA) countries agreed to release Tuesday to stabilize global markets after Russia's invasion of Ukraine, President Joe Biden said.
US credit card giants Visa, Mastercard and American Express said they were blocking Russian banks from their payment networks following international sanctions in response to Moscow's invasion of Ukraine.
President Biden announced a ban on Russian aircraft from US airspace during his State of the Union address. "Tonight I'm announcing that we will join our allies in closing off American air space to all Russian flights, further isolating Russia and adding additional squeeze on their economy," the President said.
President Biden opened his State of the Union address by directly calling out Russian President Vladimir Putin.
Deadly Russian air strikes hit a residential block in Ukraine's second city of Kharkiv and the main TV tower in the nation's capital, Kyiv said Tuesday, with Ukraine's president accusing the Kremlin of a "war crime" as the civilian toll of the invasion mounted.
Despite sanctions and warnings of a humanitarian crisis, the fresh assaults on day six of Russia's invasion came as a massive military convoy was closing on the capital, and Moscow warned terrified residents living near security infrastructure to leave their homes.
"This is state terrorism on the part of Russia," charged Ukrainian President Volodymyr Zelensky, accusing Moscow of committing a "war crime" in Kharkiv.
Russian forces stepped up their attacks on populated urban areas Tuesday, bombarding the central square in Ukraine’s second-largest city and Kyiv's main TV tower. Ukraine's president accused Moscow of a blatant campaign of terror and vowed: “Nobody will forgive. Nobody will forget.”
Ukrainian authorities said five people were killed and five wounded in the attack on the TV tower, which is a couple miles from central Kyiv and a short walk from numerous apartment buildings. Officials said a TV control room and a power substation were hit, and Ukrainian TV channels stopped broadcasting.
At the same time, a 40-mile (64-kilometer) convoy of hundreds of Russian tanks and other vehicles advanced on Kyiv in what the West feared was a bid by Russian President Vladimir Putin to topple Ukraine's government and install a Kremlin-friendly regime.
And Russian forces pressed their attack on other towns and cities across the country, including at or near the strategic ports of Odesa and Mariupol in the south.
Day 6 of the biggest ground war in Europe since World War II found Russia increasingly isolated, beset by tough sanctions that have thrown its economy into turmoil and left the country practically friendless, apart from a few countries like China, Belarus and North Korea.
Overall tolls from the fighting remained unclear, but a senior Western intelligence official, who had been briefed by multiple intelligence agencies, estimated Tuesday that more than 5,000 Russian soldiers had been captured or killed so far.
