Ukraine war Highlights: Ukraine's economy to slump 30%, European Bank says

  • Russia-Ukraine war Highlights: Ukrainian President Volodymyr Zelenskyy – in his nightly radio address – said that Europe, as it did in World War II, once again has to think about the price to be paid by Russia "for bringing the evil of total war to Europe again.”
Emergency personnel work near a building damaged after a military strike, in Odesa, Ukraine, image released May 9, 2022.
Emergency personnel work near a building damaged after a military strike, in Odesa, Ukraine, image released May 9, 2022.(via REUTERS)
Updated on May 11, 2022 04:15 AM IST
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By, New Delhi

Russia-Ukraine war Highlights: In his closely watched victory speech on Monday, President Vladimir Putin urged Russians to battle, however, was silent about plans for any escalation in Ukraine - the country he invaded on February 24. No let-up in fighting was witnessed in Ukraine as Russian missiles destroyed buildings in the southern port of Odesa. Ukrainian President Volodymyr Zelenskyy – in his nightly radio address – said that Europe, as it did in World War II, once again has to think about the price to be paid by Russia "for bringing the evil of total war to Europe again.” He said history will hold Russia responsible. “And we, Ukrainians, will continue to work toward our defence, our victory and on restoring justice. Today, tomorrow and any other day that is necessary to free Ukraine from the occupiers,” Zelenskyy added. Meanwhile, US President Joe Biden signed a bipartisan measure to reboot the World War II-era “lend-lease” programme, which helped defeat Nazi Germany, to bolster Kyiv and Eastern European allies. This came as the US Congress is planning to unleash billions more to fight the war against Russia — with Democrats preparing $40 billion in military and humanitarian aid, larger than the $33 billion package Biden has requested.

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  • May 11, 2022 03:52 AM IST

    Russia pummels vital port of Odesa, targeting supply lines

    Russia pummeled the vital port of Odesa, Ukrainian officials said Tuesday, in an apparent effort to disrupt supply lines and Western weapons shipments as Ukraine’s foreign minister appeared to suggest the country could expand its war aims.

  • May 11, 2022 02:03 AM IST

    When will Putin end war with Ukraine? Here's what US intelligence says

    The current Russian force is not large or strong enough to capture and hold all that territory without a more general mobilization of troops and resources from Russian society. US intelligence says it is likely that Putin will mobilize his entire country in the war.

    Read more

  • May 11, 2022 01:37 AM IST

    US set to approve $40 bn for Ukraine, warning of long war ahead

    US lawmakers were set to vote Tuesday on a $40 billion aid package for Ukraine as Washington warned Russia was likely girding for a long conflict with its neighbor.

    The defense, humanitarian and economic funding should pass comfortably, with the two parties having reached an agreement on the details, and it will likely move quickly through Congress.

    "Time is of the essence -- and we cannot afford to wait," House Speaker Nancy Pelosi said in a letter to her Democratic colleagues.

  • May 10, 2022 10:22 PM IST

    Ukraine's economy to slump 30%: European Bank

    Ukraine’s economy will plunge by almost a third in 2022, more than previously expected, in a scenario in which the war ends this year: European Bank for Reconstruction and Development

  • May 10, 2022 09:26 PM IST

    Zelensky calls for sixth EU sanctions package against Russia

    “Now the sixth package of sanctions will be adopted, and it is certainly a package that we need, and also energy sanctions are needed,” says Ukrainian President Volodymyr Zelensky in address to Slovakian Parliament.

  • May 10, 2022 08:51 PM IST

    German embassy in Kyiv to reopen

    German foreign minister, who arrived in Ukraine on a surprise visit on Tuesday, announces the reopening of her country's embassy in Kyiv that was closed more than two months ago.

  • May 10, 2022 07:51 PM IST

    Putin preparing for ‘prolonged’ war, says US intelligence chief

    "We assess President Putin is preparing for a prolonged conflict in Ukraine during which he still intends to achieve goals beyond the Donbas," says Avril Haines, the Director of National Intelligence.

  • May 10, 2022 07:01 PM IST

    Xi, Macron discuss Ukraine crisis

    Chinese President Xi Jinping and his French counterpart Emmanuel Macron, in a phone call in Tuesday, agree on an ‘urgent need’ for a ceasefire in Ukraine.

  • May 10, 2022 06:11 PM IST

    Moscow's troops were ‘ill-prepared’ for war, says former ‘mercenary’

    The Russian military's failure to seize the Ukrainian capital Kyiv was ‘inevitable’ because in the preceding years they had never directly faced a 'powerful enemy', says Marat Gabidullin, a former member with the Kremlin-linked Wagner Group.

  • May 10, 2022 05:44 PM IST

    WHO's European members pass resolution against Russia

    As many as 43 European members of WHO vote in favour of a resolution that could result in the closure of Russia's regional office. Votes against the resolution at three, while two states abstain.

  • May 10, 2022 05:26 PM IST

    ‘Nearly two-thirds of Kyiv residents have returned’

    Before the war, 3.5 million people lived in Kyiv. Almost two-thirds of the capital's residents have returned: Vitali Klitschko, Kyiv mayor, at a press briefing

  • May 10, 2022 04:34 PM IST

    Finland's Parliament recommends NATO membership

    Two days before Finland President Sauli Niinisto is expected to announce his stance on the country potentially joining NATO, Finnish Parliament's defence committee says joining the military alliance is the ‘best option’ to guarantee national security.

  • May 10, 2022 03:42 PM IST

    Russia says won't participate in Thursday's UNHRC session

    The Russian delegation will not legitimise with its presence this new political show organised under the guise of an extraordinary session: Maria Zakharova, spokeswoman, Ministry of foreign affairs

  • May 10, 2022 03:12 PM IST

    ‘Ukraine death toll higher than reported’: UN official

    “We have been working on estimates, but all I can say for now is that it is thousands higher than the numbers we have currently given to you,” says Matilda Bogner, head of the U.N. Human Rights Monitoring Mission in Ukraine, during a press briefing in Geneva.

  • May 10, 2022 02:18 PM IST

    German foreign minister makes surprise visit to Bucha

    German Foreign Minister Annalena Baerbock makes surprise visit to Bucha, a suburb of Ukraine's capital Kyiv, where Russian troops allegedly carried out mass civilian killings.

  • May 10, 2022 01:56 PM IST

    Russia pounds vital southern port of Odesa 

    Russia pounded away at Ukraine’s vital southern port of Odesa, Ukrainian officials said Tuesday, as they announced they found the bodies of 44 civilians in the rubble of a building in the northeast that was destroyed weeks ago, reported AP.

  • May 10, 2022 12:31 PM IST

    Crucial NATO decisions expected this week

    Finland and Sweden are expected to decide on the NATO membership this week. If they do, it would be a historic development for the two Nordic countries: Sweden has avoided military alliances for more than 200 years, while Finland adopted neutrality after being defeated by the Soviet Union in World War II.

  • May 10, 2022 12:05 PM IST

    European Bank sees Ukrainian economy slumping 30% in 2022

    Ukraine’s economy will plunge by almost a third this year as the Russian invasion drags on, the European Bank for Reconstruction and Development said in a report forecasting a steeper decline than the 20% contraction it predicted in March.

  • May 10, 2022 11:10 AM IST

    Russia gas flow stop could erase post-Covid recovery across EBRD region: Report

    A report in Reuters – citing the European Bank for Reconstruction and Development – said that an abrupt halt of Russian gas exports could see economies in emerging Europe, central Asia and north Africa slide back to pre-pandemic GDP levels, the European Bank for Reconstruction and Development warned on Tuesday.

  • May 10, 2022 10:10 AM IST

    Oil extends slump as Europe softens Russian sanction proposals

    Oil extended its biggest drop in more than five weeks after the European Union softened its proposed sanctions on Russian crude exports and as economic growth concerns weighed on sentiment, reported Bloomberg.

  • May 10, 2022 07:28 AM IST

    Russian forces committing war crimes in Ukraine: US

    Russian forces are committing war crimes and atrocities in Ukraine as they engage in a brutal war that is causing immense suffering and needless destruction, the White House has said. Addressing reporters on Monday, White House Press Secretary Jen Psaki said the US is continuing to do what it can to provide support for Ukraine at this pivotal moment.

  • May 10, 2022 07:25 AM IST

    Japan announces fresh sanctions against Russia

    Japan announced on Tuesday new sanctions on Russia to freeze the assets of more individuals and ban exports of cutting-edge goods to some Russian groups including scientific research institutions, reported Reuters. It is a series of punitive measures by Tokyo following Russia's invasion of Ukraine, which Russia calls a special military operation.

  • May 10, 2022 06:08 AM IST

    Separatists parade in Mariupol 

    A giant black and orange ribbon was carried through the devastated port city of Mariupol by pro-Russian separatists to mark Victory Day. Moscow has said it has taken control of the city, except for the huge Azovstal steel plant where remaining Ukrainian forces are holed up.

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SL Prez inducts 8 more ministers to handle economic crisis: Key points

India's island neighbour is witnessing its worst financial crisis since 1948, when the latter became independent from British rule.
People wait in a line to buy domestic gas tanks near a distributor, amid the country's economic crisis, in Colombo, Sri Lanka, May 23, 2022. REUTERS/Dinuka Liyanawatte
People wait in a line to buy domestic gas tanks near a distributor, amid the country's economic crisis, in Colombo, Sri Lanka, May 23, 2022. REUTERS/Dinuka Liyanawatte
Published on May 23, 2022 08:28 PM IST
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By, New Delhi

At Davos, Zelensky calls for 'maximum' sanctions against Russia

  • Zelensky said sanctions need to go further to stop Russia’s aggression, including an oil embargo, blocking all of its banks and cutting off trade with Russia completely. He said that it's a precedent that would work for decades to come.
Ukrainian President Volodymyr Zelenskyy addresses by videolink the opening plenary session, during the 51st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, on Monday.(AP)
Ukrainian President Volodymyr Zelenskyy addresses by videolink the opening plenary session, during the 51st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, on Monday.(AP)
Published on May 23, 2022 08:24 PM IST
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AP | , Davos

Monkeypox virus hasn't mutated, can be contained in non-endemic countries: WHO

  • Monkeypox outbreak: The European Union said the risk of monkeypox spreading widely was 'very low', but high for certain groups.
As cases of monkeypox are detected in Europe and North America, some scientists are baffled by the unusual disease's spread in developed nations. (AP)
As cases of monkeypox are detected in Europe and North America, some scientists are baffled by the unusual disease's spread in developed nations. (AP)
Published on May 23, 2022 07:58 PM IST
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Russian diplomat resigns over Ukraine war: ‘Enough is enough…’

In a Linkedin post, Boris Bondarev hit out at Russian President Vladimir Putin, and was particularly critical of Sergei Lavrov, the foreign minister.
Russian service members work on demining the territory of Azovstal steel plant during Ukraine-Russia conflict in the southern port city of Mariupol, on May 22, 2022. (REUTERS)
Russian service members work on demining the territory of Azovstal steel plant during Ukraine-Russia conflict in the southern port city of Mariupol, on May 22, 2022. (REUTERS)
Published on May 23, 2022 07:10 PM IST
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By, New Delhi

Beijing extends work-from-home order as Covid-19 cases rise

Beijing said 99 new cases were detected on Sunday, up from 61 the previous day - the largest daily tally so far during a month-old outbreak that has consistently seen dozens of new infections every day
Barriers surround a closed shopping mall in Beijing China, on Monday, May 23, 2022. Beijing reported a record number of Covid cases during its current outbreak, reviving concern the capital may face a lockdown as authorities seek to stamp out community spread of the virus. (Bloomberg)
Barriers surround a closed shopping mall in Beijing China, on Monday, May 23, 2022. Beijing reported a record number of Covid cases during its current outbreak, reviving concern the capital may face a lockdown as authorities seek to stamp out community spread of the virus. (Bloomberg)
Updated on May 23, 2022 06:44 PM IST
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India, US ink Investment Incentive Agreement for more fiscal support in various sectors

The agreement supersedes another similar pact signed between the governments of India and the US in 1997. There have been significant developments since the signing of the earlier agreement, including the creation of DFC, which acts as the US government’s development finance agency.
The IIA was signed in Tokyo by foreign secretary Vinay Kwatra and Scott Nathan, the chief executive officer of the US International Development Finance Corporation (DFC). (HT FILE PHOTO.)
The IIA was signed in Tokyo by foreign secretary Vinay Kwatra and Scott Nathan, the chief executive officer of the US International Development Finance Corporation (DFC). (HT FILE PHOTO.)
Updated on May 23, 2022 06:21 PM IST
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Who is Russian soldier Vadim Shishimarin found guilty of Ukraine war crimes? 

Shishimarin from Irkutsk in Siberia has confessed to gunning down the 62-year-old man near the central village of Chupakhivka to prevent him reporting a carjacking by fleeing Russian troops.
Russian soldier Vadim Shishimarin, 21, arrives for a court hearing in Kyiv.(REUTERS)
Russian soldier Vadim Shishimarin, 21, arrives for a court hearing in Kyiv.(REUTERS)
Published on May 23, 2022 05:25 PM IST
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By, New Delhi

China warns US after Joe Biden says ready to defend Taiwan militarily

Joe Biden’s east Asia tour, Tuesday’s Quadrilateral Security Dialogue or Quad summit and the US’s Indo-Pacific strategy have already come under sharp criticism from China, which has said the bloc is inciting confrontation in the region
Soldiers of an artillery unit take part in the live fire Han Kuang military exercise, which simulates China’s People's Liberation Army (PLA) invading the island, in Pingtung, Taiwan. (REUTERS/FILE)
Soldiers of an artillery unit take part in the live fire Han Kuang military exercise, which simulates China’s People's Liberation Army (PLA) invading the island, in Pingtung, Taiwan. (REUTERS/FILE)
Published on May 23, 2022 05:12 PM IST
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Ukraine war: Russian soldier, convicted for killing civilian, gets life term

The trial of 21-year-old tank commander Vadim Shishimarin was the first war crimes trial stemming from Moscow’s February 24 invasion of Ukraine.
Russian army Sergeant Vadim Shishimarin, 21, is seen behind a glass during a court hearing in Kyiv, Ukraine. (AP)
Russian army Sergeant Vadim Shishimarin, 21, is seen behind a glass during a court hearing in Kyiv, Ukraine. (AP)
Published on May 23, 2022 03:59 PM IST
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By, New Delhi

US Prez Biden proposes new Asia trade pact in Tokyo | What this means

During Biden's visit to Tokyo, the U.S. on Monday announced the countries that are joining the new Indo-Pacific Economic Framework. In the tradition of trade deals, it's best known by its initials: IPEF.
US President Joe Biden and Japan's Prime Minister Fumio Kishida attend an Indo-Pacific Economic Framework for Prosperity (IPEF) launch event at Izumi Garden Gallery in Tokyo, Japan.(REUTERS)
US President Joe Biden and Japan's Prime Minister Fumio Kishida attend an Indo-Pacific Economic Framework for Prosperity (IPEF) launch event at Izumi Garden Gallery in Tokyo, Japan.(REUTERS)
Published on May 23, 2022 03:13 PM IST
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AP | , Tokyo

‘1.40 lakh troops, 953 ships…:' Leaked audio clip ‘exposes’ Xi's Mission Taiwan

The YouTube channel has claimed that the recording was leaked by senior officials of Communist Party of China who want to expose Xi Jinping's military plan on Taiwan. The audio clip features purported conversations between the CPC and the PLA on implementing the roadmap of the 'normal to war transition' plan by the top leadership.
Chinese president Xi Jinping.(Reuters)
Chinese president Xi Jinping.(Reuters)
Published on May 23, 2022 02:16 PM IST
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Can monkeypox outbreak trigger another pandemic? What President  Biden says

The US has enough small pox vaccine stockpiled to deal with the outbreak, Biden said. Still, he said people should be cautious.
The monkeypox virus, which has been largely reported from African nations so far.(AP)
The monkeypox virus, which has been largely reported from African nations so far.(AP)
Published on May 23, 2022 01:52 PM IST
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Bloomberg |

Australian grandmother hopes Queen Elizabeth has ‘jubilee to remember’

"Your Majesty, if you're watching, I hope you have a wonderful celebration for your Jubilee and I hope you have many, many more years as our Queen because we all love you," Hugo said in her lounge room in Nulkaba, about 120 km (75 miles) north of Sydney.
British royal family memorabilia collector Jan Hugo stands near a life size figure of Queen Elizabeth II surrounded by her collection that boosts over 10,000 pieces and is Australia’s largest collection of royal memorabilia, in Nulkaba, Australia May 4, 2022. (REUTERS)
British royal family memorabilia collector Jan Hugo stands near a life size figure of Queen Elizabeth II surrounded by her collection that boosts over 10,000 pieces and is Australia’s largest collection of royal memorabilia, in Nulkaba, Australia May 4, 2022. (REUTERS)
Published on May 23, 2022 01:49 PM IST
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Reuters |

Kim, other North Koreans attend large funeral amid Covid outbreak in the country

  • The official Korean Central News Agency said Kim attended the funeral Sunday of Hyon Chol Hae, a Korean People’s Army marshal who played a key role in grooming him as the country’s next leader before Kim’s father, Kim Jong Il, died in late 2011.
North Korean leader Kim Jong Un attending funeral of the late Hyon Chol Hae, Marshal of the Korean People's Army and general adviser to the ministry of national defence at the Fatherland Liberation War Martyrs cemetery in Pyongyang.(AFP)
North Korean leader Kim Jong Un attending funeral of the late Hyon Chol Hae, Marshal of the Korean People's Army and general adviser to the ministry of national defence at the Fatherland Liberation War Martyrs cemetery in Pyongyang.(AFP)
Published on May 23, 2022 01:43 PM IST
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AP |

War crimes verdict looms as Russian offensive intensifies in Ukraine

  • US President Joe Biden echoed Duda's firm tone Monday, telling a Tokyo press conference Russia had to "pay a long-term price" for its "barbarism in Ukraine" in terms of sanctions imposed by the United States and its allies.
A child looks at a destroyed Russian infantry fighting vehicle during an exhibition displaying destroyed Russian military vehicles, amid Russia's invasion, in central Kyiv, Ukraine.(REUTERS)
A child looks at a destroyed Russian infantry fighting vehicle during an exhibition displaying destroyed Russian military vehicles, amid Russia's invasion, in central Kyiv, Ukraine.(REUTERS)
Published on May 23, 2022 01:28 PM IST
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AFP |
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