Ukraine and Russia: What you need to know right now | Inquirer News

Ukraine and Russia: What you need to know right now

/ 10:43 AM March 08, 2022
Ukraine and Russia: What you neee to know right now

Service members of pro-Russian troops in uniforms without insignia drive tanks during Ukraine-Russia conflict on the outskirts of the separatist-controlled city of Donetsk, Ukraine March 5, 2022. REUTERS

Russia warned that oil prices could surge to $300 a barrel and it might close the main gas pipeline to Germany if the West halts oil imports over the invasion of Ukraine as peace talks made little progress.

Oil import bans?

*Oil prices soar as U.S. says it may go alone on import ban

ADVERTISEMENT

Oil prices hit 14-year highs and Wall Street fell after Washington said it was talking to European allies about banning imports of Russian oil.

Aid

* The World Bank approved $723 million in loans and grants for Ukraine to be transferred in the next few days.

FEATURED STORIES

U.S. congressional negotiators neared a deal to provide Ukraine billions of dollars in emergency aid. The White House requested $10 billion.

Talks

*Negotiators make little progress

Russian negotiators said they did not have positive developments to report following talks with Ukraine and warned not to expect the next round to bring a final result. The talks “are not easy,” Vladimir Medinsky said.

Ukraine’s negotiator Mykhailo Podolyak said some small progress had been made on agreeing logistics for the evacuation of civilians, but no agreement was reached that significantly improves the broader situation.

A fourth round will take place very soon, Russia said. The Russian and Ukrainian foreign ministers are expected to meet in Turkey on Thursday.

Fleeing conflict

A Russian air strike hit a bread factory in northern Ukraine and killed at least 13 civilians, Ukrainian officials said.

As many as 5 million Ukrainians could flee the country if Russia’s invasion continues, the EU’s top diplomat said, while the United Nations’ refugee agency said over 1.7 million have left so far.

ADVERTISEMENT

The United States and its allies at a UN meeting urged Russia to allow safe passage for civilians stuck in areas of active hostility.

International repercussions

* China says friendship with Russia ‘rock solid’

While promising humanitarian aid to Ukraine, China’s foreign minister hailed Beijing’s friendship with Russia as “rock solid”.

*’No war’ protests in Russia

Police detained 5,020 people at Russia-wide protests against the invasion of Ukraine, according to an independent monitoring group.

* Putin rules out conscripts for Ukraine

Russia will not use any conscripted soldiers in Ukraine, President Putin said.

Quotes

“In Ukraine rivers of blood and tears are flowing. This is not only a military operation but a war which is leading to death, destruction and misery,” said Pope Francis, rejecting Moscow’s term “military operation.”

RELATED STORIES

Russians brace for sanctions as their favorite shops close

Historic Ukrainian city scrambles to defend heritage

Uniqlo defends decision to stay open in Russia

20,000 foreign volunteers in Ukraine to fight Russians—minister

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Conflict, oil prices, Peace Talks, Russia, Russia-Ukraine war
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.



© Copyright 1997-2023 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.