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What you need to know right now By Reuters

by Reuters
February 28, 2022
in Business
Reading Time: 3 mins read
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Ukraine-Russia conflict: What you need to know right now
© Reuters. Normal view of Kyiv after Russian President Vladimir Putin licensed a navy operation in japanese Ukraine, February 24, 2022. REUTERS/Umit Bektas

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(Reuters) – This is what that you must know concerning the Ukraine disaster proper now:

HEADLINES

* Russia’s political and financial isolation deepened on Monday as its forces met stiff resistance in Ukraine’s capital and different cities within the largest assault on a European state since World Battle Two.

* Blasts have been heard within the capital of Kyiv and within the main metropolis of Kharkiv on Monday morning, Ukrainian officers mentioned, whereas a residential constructing within the metropolis of Chernihiv in northern Ukraine was on hearth after being struck by a missile.

* Ukrainian and Russian officers have been as a consequence of maintain talks at a venue on the Belarusian border with Ukraine, President Volodymyr Zelenskiy’s workplace mentioned.

* European nations and Canada moved to close their airspace to Russian plane in an unprecedented transfer. Canada mentioned Aeroflot violated a ban on plane from the nation utilizing Canadian airspace.

* jumped whereas the rouble plunged practically 30% to a contemporary file low after new sanctions have been imposed, together with blocking some banks from the SWIFT worldwide funds system.[MKTS/GLOB]

* Power main BP (NYSE:) opened a brand new entrance within the West’s marketing campaign to isolate Russia’s economic system, with its choice to stop the oil-rich nation probably the most aggressive transfer but by an organization in response to Moscow’s invasion.

* The European Union will fund weapons for Ukraine to assist it defend itself in opposition to Russia’s invasion, high EU officers mentioned on Sunday. Russia calls its actions in Ukraine a “particular operation”.

* Britain mentioned it was taking additional measures in opposition to the Russia in live performance with america and European Union, prohibiting any British entities from enterprise transactions with the Russian central financial institution, finance ministry and wealth fund.

* Russia’s central financial institution introduced a slew of measures to assist home markets, because it scrambled to handle the fallout from the sanctions.

* Not less than 352 civilians, together with 14 kids, had been killed because the starting of Russia’s invasion of Ukraine, Ukraine’s well being ministry mentioned on Sunday, with 1,684 folks wounded.

* Folks fleeing Ukraine poured into central Europe, with queues at border crossings stretching for kilometres after the invasion pushed practically 400,000 folks to hunt security overseas.

* Tens of hundreds of individuals throughout Europe marched in protest in opposition to Russia’s invasion of Ukraine on Sunday. Greater than 5,500 folks have been detained at numerous anti-war protests in Russia because the invasion started.

* Ukraine lodged a case in opposition to Russia at world court docket, citing misguided allegations of genocide in opposition to Kyiv.

Disclaimer: Fusion Media wish to remind you that the information contained on this web site just isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs usually are not supplied by exchanges however somewhat by market makers, and so costs will not be correct and should differ from the precise market value, which means costs are indicative and never acceptable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you would possibly incur on account of utilizing this information.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or harm on account of reliance on the knowledge together with information, quotes, charts and purchase/promote indicators contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding types attainable.



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