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2022 03 09T020437Z 3 LYNXMPEI2603A RTROPTP 4 UKRAINE CRISIS KHARKIV - Business Express
A man walks in front of a building damaged by recent shelling during Ukraine-Russia conflict in Kharkiv, Ukraine March 6, 2022. REUTERS/Oleksandr Lapshyn

Ukraine and Russia: What you need to know right now


(Reuters) – Russia announced a new ceasefire in Ukraine on Wednesday to let civilians flee besieged cities, but there were only limited signs of progress in providing escape routes for hundreds of thousands trapped without basic supplies.

CORRIDORS

* Both Russia and Ukraine said they would “observe a regime of silence” from 0700 GMT to provide safe passage from Kyiv, Chernihiv, Sumy, Kharkiv and Mariupol.

CHERNOBYL CONCERNS

* Ukraine appealed for a temporary ceasefire on Wednesday to allow restoring power supply to the mothballed Chernobyl nuclear power plant. It warned of a potential radiation leak if the outage continued, even as the U.N. nuclear watchdog said the loss of power did not have critical impact on safety.

SANCTIONS

* The Kremlin accused the United States on Wednesday of declaring an economic war on Russia that was sowing mayhem through energy markets, and it put Washington on notice it was considering its response to a ban on Russian oil and energy. [O/R]

* The European Union has agreed more sanctions over the invasion of Ukraine that will hit Russian lawmakers and oligarchs, the maritime sector and three Belarusian banks.

* Britain had impounded a plane linked to a Russian billionaire as its new aviation sanctions kicked in.[O/R]

* Russia is reducing the use of U.S. dollars following Western sanctions, the RIA news agency quoted a foreign ministry official as saying.

DIPLOMATIC EFFORTS

* Russian Foreign Minister Sergei Lavrov will travel to Turkey on Wednesday for talks with his Ukrainian counterpart Dmytro Kuleba.

CORPORATE EXODUS

* Coca-Cola and McDonald’s joined a growing list of companies suspending sales in Russia where a senior member of the ruling party has warned that foreign firms which close down could see their operations nationalised.

FOOD CRISIS

A global food crisis deepened on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producers seeking to keep vital food supplies within their borders.

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FIGHTING

*Ukraine must hold off Russia’s attack for the next seven to 10 days to deny Moscow claiming any sort of victory, a senior Ukrainian official said.

* Ukrainian troops pushed back Russian forces trying to seize the southern regional capital of Mykolayiv, a Ukrainian presidential adviser said.* Britain said Ukraine’s air defences were having success against Russian jets, likely preventing Russia from controlling the airspace.

DEATH TOLL

* The United Nations human rights office said it had verified 474 civilian deaths and 861 injuries, but the true toll was likely to be higher.

* Ukraine says its forces have killed more than 11,000 Russian troops. Russia has confirmed about 500 losses. Neither side has disclosed Ukrainian casualties.

FLEEING THE CONFLICT

About 2.1-2.2 million people have fled Ukraine since the Russian invasion begun, the head of the U.N.’s refugee agency said on Wednesday. EU officials say up to 5 million could leave if the conflict continues.

AID

* U.S. congressional leaders reached a bipartisan agreement to allocate $13.6 billion in emergency aid for Ukraine alongside a separate package for pandemic relief.

* The International Monetary Fund is poised to approve $1.4 billion in emergency funding for Ukraine on Wednesday, its head Kristalina Georgieva said on Tuesday.

 

(Compiled by Gareth Jones, Cynthia Osterman, Michael Perry, Raju Gopalakrishnan and Tomasz Janowski)

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