Moneycontrol
HomeNewsWorldRussia Ukraine News Highlights | Ukraine says 50 killed in rocket strike on rail evacuation hub
Trending Topics

Russia Ukraine News Highlights | Ukraine says 50 killed in rocket strike on rail evacuation hub

Russia Ukraine News Highlights | Ukraine said as many as 50 people, including five children, were killed and many more were wounded and lost limbs in a rocket strike at a railway station packed with civilians fleeing the threat of a major Russian offensive in the country's east.

April 08, 2022 / 23:11 IST
Story continues below Advertisement

Russia Ukraine News Highlights | Austrian Chancellor Karl Nehammer has set off on a one-day trip to Ukraine during which he will meet President Volodymyr Zelenskiy in Kyiv on Saturday morning, his office said in a statement on Friday.

April 08, 2022 / 23:01 IST

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

April 08, 2022 / 22:57 IST

Russia-Ukraine Crisis LIVE | Austrian chancellor sets off for Ukraine, to meet Zelenskiy on Saturday

Austrian Chancellor Karl Nehammer has set off on a one-day trip to Ukraine during which he will meet President Volodymyr Zelenskiy in Kyiv on Saturday morning, his office said in a statement on Friday.

Neutral Austria has been providing humanitarian aid to Ukraine as well as helmets and body armour for civilians rather than weapons. Nehammer, a conservative, has been visibly moved by telephone conversations with Zelenskiy and says he wants to show support.

His trip will include a visit to Bucha, a town just outside Kyiv where invading Russian forces are alleged to have executed civilians whose bodies were left strewn in the streets. Russia denies the allegations. European Commission chief Ursula von der Leyen visited Bucha on Friday. (Reuters)

Story continues below Advertisement
April 08, 2022 / 22:44 IST

Russia-Ukraine Crisis LIVE | Russia revokes registration of Amnesty, Human Rights Watch

The Russian Ministry of Justice on Friday said in a statement that it had revoked the registration of 15 foreign organisations, including those of Amnesty International and Human Rights Watch, Reuters reported.

April 08, 2022 / 22:17 IST

Russia-Ukraine Crisis LIVE | Celebrities go online to voice support for Ukraine

A group of inter-generational stars from film, TV, sports and music including Bruce Springsteen, Hugh Jackman, Elton John, Jon Bon Jovi, Jonas Brothers and Billie Eilish have signed up for a social media campaign to show support for Ukraine.

The Global Citizen-organized social media rally Friday urges governments, institutions, corporations and individuals to help fund humanitarian efforts in Ukraine and other regions of the world. Celebrities are being asked to use their social media accounts to publicize the effort, using the hashtag #StandUpForUkraine. (AP)

April 08, 2022 / 21:44 IST

Russia-Ukraine Crisis LIVE | AIG looks at cutting insurance for Russia, Ukraine: Report

AIG, one of the world's biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from the risk of hefty claims as sanctions ratchet up and the war drags on, an insurance broker and a source familiar with the matter told Reuters.

AIG is looking at adding exclusion clauses to policies for businesses operating in the region across a range of policies, according to the two sources who spoke to the news agency on condition of anonymity. Other major insurers are also looking to exclude Russia, Ukraine and even Belarus from a range of policies, the sources reportedly said, citing some insurers and policyholders.

Story continues below Advertisement
April 08, 2022 / 21:24 IST

Russia-Ukraine Crisis LIVE | Russia cuts interest rate as ruble settles despite sanctions

Russia's central bank has managed to stabilize key aspects of the economy with severe controls, artificially propping up the ruble to allow it to rebound to levels seen before the invasion of Ukraine even as the West piles on more sanctions.

That became evident as central bank of Russia said Friday that it was lowering its benchmark interest rate and said more rate cuts could be on the way. The decision indicates it thinks strict capital controls and other strict measures are stabilizing Russia's currency and financial system despite severe pressure from U.S. and European sanctions.

The bank lowered its benchmark rate from 20% to 17%, effective Monday. The interest rate cut reflected the changed balance of risks among inflation, economic growth and banking system stability, the bank said.

It had raised the rate from 9.5% on Feb. 28, four days after the invasion, as a way to support the rubles plunging exchange rate. A currency collapse would worsen already high inflation for Russian shoppers by ballooning the cost of imported goods. (AP)

April 08, 2022 / 21:14 IST

Russia-Ukraine Crisis LIVE | Ukraine says 50 killed in rocket strike on rail evacuation hub

Ukraine said as many as 50 people, including five children, were killed and many more were wounded and lost limbs in a rocket strike at a railway station packed with civilians fleeing the threat of a major Russian offensive in the country's east. As regional authorities scrambled to rush civilians out of harm's way, a group of European Union leaders meanwhile visited Kyiv to offer President Volodymyr Zelenskiy support and assure him there will be a path to EU membership for Ukraine. Zelenskiy called the strike on the station in Kramatorsk in the eastern region of Donetsk region a deliberate attack on civilians. (Reuters)

April 08, 2022 / 19:56 IST

Russia Ukraine News LIVE Updates | France's Macron condemns 'abominable' strike on Ukraine train station

President Emmanuel Macron on Friday denounced an "abominable" airstrike on a train station in eastern Ukraine, saying France would "support the investigations so that justice is done.""Ukrainian civilians fleeing to escape the worst. Their weapons? Prams, toy dolls, baggage. This morning at the station in Kramatorsk, families who were leaving experienced horror. Deaths by the dozens, hundreds injured. Abominable," Macron said in a tweet.

April 08, 2022 / 19:50 IST

Russia Ukraine News LIVE Updates | Death toll in Ukraine station strike rises to 50, including 5 children: Governor

At least 50 people, including five children, were killed in strikes on a train station in the east Ukrainian city of Kramatorsk, the local governor said Friday."Fifty dead, five of them children. This is the death toll at this hour after the strike by Russian occupational forces on the train station in Kramatorsk," Pavlo Kyrylenko, the governor of the Donetsk region, said on Telegram.

Story continues below Advertisement