Russia / Ukraine update

Ukraine reportedly raised 8.1 billion hryvnia ($277 million) in a sale of war bonds, its latest fundraising effort to tap into the global support for the country in its fight against Russia’s invasion.

A.P. Moller – Maersk are closely monitoring and preparing to comply with the ever-evolving sanctions and restrictions imposed against Russia while we safeguard our operations and our people in consideration of the constant developing situation. Our preparations include a possible suspension of Maersk bookings to and from Russia on ocean and inland.

Russian troops have made “little progress” in their invasion of Ukraine whilst sustaining heavy military losses and receiving international condemnation, according to intelligence from the British Ministry of Defence (MoD). As fighting enters its sixth day, the Ukrainian Armed forces announced that Ukraine had claimed the lives of 5,710 Russian troops, and destroyed 198 Russian tanks, 29 aircraft, 846 armoured vehicles and 29 helicopters.

The European Union approves the closure of its airspace to Russian aircraft as well as further sanctions, including the exclusion of some Russian banks from the SWIFT payment system.

Russian airline Aeroflot has said it would cancel all flights to European destinations until further notice after the decision by many countries to close their airspace in protest at Russia’s invasion of Ukraine.

FIFA and UEFA have banned Russian national and clubs teams from their competitions “until further notice”.
UEFA also announced that it is ending its partnership with Russian state energy giant Gazprom

The International Olympic Committee urged sports federations and organisers to exclude Russian and Belarusian athletes and officials from international events.

Ukraine has launched a case against Russia at the UN’s highest court, accusing Moscow of planning genocide and asking for the court to order Russia to halt its invasion and pay reparations.

Vladimir Putin puts Russia’s nuclear forces on high alert.

Negotiations between delegations from Kyiv and Moscow held at the Ukraine-Belarus border on Monday ended with no agreements.

The UN refugee agency’s (UNHCR) representative in Ukraine has estimated that about a million people have been displaced in the country as a result of Russia’s invasion.

Polish Foreign Minister Zbigniew Rau has called for further sanctions on Russia if Moscow does not end its invasion of Ukraine.

The EU is preparing to call for tougher measures on Russian oil and gas imports and further-reaching sanctions from across the bloc.

EU, US, and the United Kingdom’s diplomats walked out en mass as Russian Foreign Minister Sergei Lavrov accused the alliance of a “Russo-phobic” frenzy.

Information Source: Various Media