Moneycontrol PRO
you are here: HomeNewsWorld
Live now
auto refresh
March 08, 2022 / 10:55 PM IST

Russia Ukraine News Highlights | Zelenskyy says Ukraine no longer insisting on NATO membership

Russia Ukraine Crisis Highlights | President Volodymyr Zelensky said he is no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russia's stated reasons for invading its pro-Western neighbor.

Russia Ukraine Crisis Highlights | At least nine people, including two children, have died in an air strike on the Ukrainian city of Sumy, some 350 kilometres east of Kiev, the rescue services said Tuesday. "Enemy planes insidiously attacked apartment buildings" on Monday night, the A total of 291,081

Ukrainians have fled to Romania since a Russian invasion on Feb. 24, including 29,636 on Monday, border police data showed on Tuesday. Of them, a little over 82,000 were still in Romania, including some 30,000 children. On Monday, the government approved legislation enabling Ukrainian children to enroll in Romanian schools.near the Russian border, has been the scene of heavy fighting for days.

Russia's offensive in Ukraine continued but at a significantly slower pace on Tuesday and a second senior Russian commander had been killed, Ukrainian military and intelligence said, as frightened residents fled bombed-out cities. In the city of Irpin, on the northwest edge of Kyiv, residents ran with their young children in strollers, or cradling babies in arms, while others carried pet carriers and plastic bags and suitcases.

"It's like a disaster, the city is almost ruined, and the district where I'm living, it's like there are no houses which were not bombed," said one young mother, holding a baby beneath a blanket, while her daughter stood by her side. "Yesterday was the hardest bombing, and the lights and sound is so scary, and the whole building is shaking."

Ukraine's military intelligence said on Tuesday that Ukrainian forces killed a Russian general near the besieged city of Kharkiv, the second Russian senior commander to die in the invasion. Major General Vitaly Gerasimov, first deputy commander of Russia's 41st army, was killed on Monday, the Chief Directorate of Intelligence of Ukraine's defence ministry said in a statement. Ukraine's general staff of the armed forces said the Russian offensive continues although at a significantly slower pace.

Japanese automaker Nissan is planning to halt production at its plant in Russia because of logistical challenges. Nissan Motor Co. did not provide a specific date but said Tuesday production will stop soon. Its plant in St. Petersburg produced 45,000 vehicles last year, including the X-Trail sport utility vehicle. The Yokohama-based manufacturer said the safety of its employees is its top priority. Nissan earlier stopped exports to Russia. Nissan earlier stopped exports to Russia.

U.S. President Joe Biden has sent a letter of thanks to South Korean President Moon Jae-in for joining financial sanctions and export controls against Russia, saying the move sent a strong message of support for Ukraine, Moon's office said on Tuesday.

  • March 08, 2022 / 10:54 PM IST

    The live blog session has concluded. For more news, views and updates, stay tuned with

  • March 08, 2022 / 10:46 PM IST

     Russia-Ukraine Crisis LIVE | Zelenskyy says Ukraine no longer insisting on NATO membership

    Ukraine President Volodymyr Zelenskyy said his country is no longer insisting on a membership in the NATO alliance. "I have cooled down regarding this question a long time ago after we understood that ... NATO is not prepared to accept Ukraine," Zelensky said in an interview aired Monday night on ABC News. "The alliance is afraid of controversial things, and confrontation with Russia," he added.

  • March 08, 2022 / 10:11 PM IST

    Russia-Ukraine Crisis LIVE | US bans Russian oil imports over Ukraine invasion: Biden

    President Joe Biden announced a ban on US imports of Russian oil on Tuesday, in the administration's most far-reaching action yet to punish Moscow for invading Ukraine.

    "We're banning all imports of Russian oil and gas and energy. That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to (President Vladimir) Putin," Biden said in an address from the White House, adding that the decision was taken "in close consultation" with allies.

    The ban came with Democrats threatening legislation to force Biden's hand, despite the likely impact on already soaring gas prices. (AFP)

  • March 08, 2022 / 09:52 PM IST

    Russia-Ukraine Crisis LIVE | Russia says Kyiv declined to endorse evacuation routes towards Ukraine

    Moscow said on Tuesday that Ukrainian authorities had endorsed only one civilian evacuation route from areas affected by fighting out of 10 that were proposed, including five towards territory controlled by Kyiv, the Interfax news agency reported. The Russian defence ministry said 723 people had been evacuated through the Sumy-Poltava corridor, including 576 Indian nationals, in a first convoy.

    Ukraine said on Monday that a Russian proposal on humanitarian corridors was "completely immoral" after Moscow suggested it would allow people to flee Ukrainian cities towards only Belarus or Russia. Civilians have been trapped by fighting since Russian troops invaded Ukraine on Feb. 24, and officials say food, water and other supplies have been running low in some cities.

    Mikhail Mizintsev, head of the Russian National Defence Control Centre, said on Tuesday that Moscow had proposed evacuation corridors from Kyiv, Chernihiv, Sumy, Kharkiv and Mariupol - "one from each city to the Russian Federation, as well as one each through the territories controlled by the Kyiv authorities to Poland, Moldova, Romania".


  • March 08, 2022 / 09:22 PM IST

    Russia-Ukraine Crisis LIVE | US spy chief: Putin may escalate despite setbacks in Ukraine

    U.S. Director of National Intelligence Avril Haines said on Tuesday that Russian President Vladimir Putin is unlikely to be deterred and may escalate the assault on Ukraine, despite setbacks in Ukraine and economic hardships resulting from international sanctions. "Our analysts assess that Putin is unlikely to be deterred by such setbacks and instead may escalate," she told a House of Representatives hearing on global threats. (Reuters)

  • March 08, 2022 / 08:35 PM IST

    Russia-Ukraine Crisis LIVE | Ukraine war to sully clothes sales from Levi to Ralph Lauren

    Levi Strauss and Ralph Lauren are among U.S. apparel brands likely to be worst hit by Russia's invasion of Ukraine which is again clogging supply chains in Europe where they derive at least a quarter of sales, Wall Street analysts say.

    American clothes firms' European businesses were just recovering from two years of pandemic restrictions. But war-related Western sanctions on Moscow, airspace bans and shipping route changes have put new squeezes on East-West supply chains. "Cargo checks are now one of the biggest disruptions to shippers, making sure they are not breaking sanctions at ports in the EU (European Union) and the UK," said Jane Hali, CEO of investment research firm Jane Hali & Associates.

    Analysts see particular exposure to Calvin Klein and Tommy Hilfiger owner PVH, Levi Strauss, Ralph Lauren, Michael Kors owner Capri Holdings and Nike, who get roughly 25%-40% of sales from Europe. (Reuters)

  • March 08, 2022 / 08:23 PM IST

    Russia Ukraine News LIVE Updates | Crude prices surge as US expected to ban Russian oil

    The price of Brent crude, the international benchmark, soared by more than five percent on Tuesday as President Joe Biden was expected to announce a US ban on Russian oil imports. The price of a barrel reached $129.92 at 1430 GMT, an increase of 5.45 percent. (AFP)

  • March 08, 2022 / 07:22 PM IST

    Russia Ukraine News LIVE Updates | Joe Biden to announce ban on Russian oil imports: US media