World News

Russia-Ukraine live updates: US slams Russia's plans to partially reopen stock market

Stringer/Anadolu Agency via Getty Images

(NEW YORK) — Russian forces are continuing their attempted push through Ukraine from multiple directions, while Ukrainians, led by President Volodymyr Zelenskyy, are putting up “stiff resistance,” according to U.S. officials.

The attack began Feb. 24, when Russian President Vladimir Putin announced a “special military operation.”

Russian forces moving from neighboring Belarus toward Ukraine’s capital, Kyiv, have advanced closer to the city center in recent days despite the resistance. Heavy shelling and missile attacks, many on civilian buildings, continue in Kyiv, as well as major cities like Kharkiv and Mariupol. Russia also bombed western cities for the first time this week, targeting Lviv and a military base near the Poland border.

Russia has been met by sanctions from the United States, Canada and countries throughout Europe, targeting the Russian economy as well as Putin himself.

Here’s how the news is developing. All times Eastern:

McDonalds Is Hiring

Mar 24, 5:48 am
NATO leaders pose for photo ahead of emergency summit

NATO leaders, including U.S. President Joe Biden, posed for a photo at the alliance’s headquarters in Brussels on Thursday ahead of an emergency summit, as the Russian invasion of Ukraine grants into a second month.

Biden stood in the front row in between NATO Secretary-General Jens Stoltenberg and U.K. Prime Minister Boris Johnson.

Biden and Stoltenberg were the last of the leaders to arrive for the photo-op. As they walked in the room, Biden ignored a question from a reporter about what his message is to Russian President Vladimir Putin. Instead, Biden went to shake hands with Johnson and then greeted French President Emmanuel Macron and Italian Prime Minister Mario Draghi

Mar 24, 5:20 am
Biden arrives at NATO headquarters for emergency summit

U.S. President Joe Biden arrived in Brussels on Thursday morning ahead of an emergency NATO summit to discuss the Western defense alliance’s response to Russia’s invasion of Ukraine.

The European diplomatic capital is also hosting a gathering of the Group of Seven industrialized nations and a summit of the 27 members of the European Union on Thursday. Biden is scheduled to attend all three meetings and hold a press conference at the end of the day.

Upon his arrival at NATO headquarters, Biden was greeted by NATO Secretary-General Jens Stoltenberg. The two leaders stood and spoke for a few moments, though their conversation was inaudible. Biden and Stoltenberg then walked into the building and down the hallway, where they did not stop to speak to reporters who asked whether Russia’s potential use of chemical weapons in Ukraine are a red line that would trigger a response from NATO.

Biden and Stolenberg will now meet privately before taking a photo with other NATO leaders.

Earlier Thursday, U.K. Prime Minister Boris Johnson faced the same question from reporters when he arrived at NATO headquarters.

“Look, I think that the reality is that President Putin has already crossed a red line in barbarism and it’s now up to NATO to consider together the appalling crisis in Ukraine, the appalling suffering of the people of Ukraine,” Johnson replied. “And see what more we can do to help the people of Ukraine protect themselves. See what more we can do to tighten the economic vice around the Putin regime.”

Mar 24, 5:03 am
Ukraine calls Russian military ‘a gang of terrorists’

Ukrainian Defense Minister Oleksiy Reznikov on Thursday lambasted Russia’s military as “a gang of terrorists, criminals and cowards” who she claimed are committing war crimes.

In a statement posted on her official Facebook account, Reznikov marked one month since Russian forces invaded Ukraine and warned that Ukrainians “still have a very difficult period ahead.”

“The Russian military machine will not stop until it is drenched in the blood of its soldiers,” Reznikov said.

Earlier this month, Russian troops opened fire on a nursing home in the eastern Ukrainian city of Kreminna, killing 56 people, according to Reznikov.

“This is not an accidental hit,” she said. “This is the deliberate killing of defenseless people — a war crime. That’s why the Russian army is a gang of terrorists, criminals and cowards.”

Still, Reznikov remained confident that Ukrainian forces will prevail with international support.

“We will drive them out. We will rebuild everything,” she added. “We will clean our land from the effects of war. It will take a lot of effort and time.”

Mar 24, 4:36 am
Russian military leaders repeatedly decline calls from US counterparts

Top Russian defense and military leaders have repeatedly declined telephone calls from their U.S. counterparts since Russia invaded Ukraine on Feb. 24, according to Pentagon spokesman John Kirby.

Kirby said in a statement Wednesday that, over the last month, U.S. Secretary of Defense Lloyd Austin and Gen. Mark Milley, chairman of the U.S. Joint Chiefs of Staff, “have sought, and continued to seek, calls with” Russian Defense Minister Sergei Shoigu and Gen. Valery Gerasimov, chief of the General Staff of the Russian Armed Forces. But the Russians “have so far declined to engage,” he said.

“We continue to believe that engagement between U.S. and Russian defense leaders is critically important at this time,” Kirby added.

Mar 24, 3:31 am
US slams Russia’s plans to partially reopen stock market

The United States is slamming Russia’s plans to reopen its stock market for limited trading on Thursday for the first time in a month since Russian forces invaded Ukraine.

“What we’re seeing is a charade: a Potemkin market opening,” White House deputy national security adviser Daleep Singh said in a statement early Thursday. “After keeping its markets closed for nearly a month, Russia announced it will only allow 15% of listed shares to trade, foreigners are prohibited from selling their shares, and short selling in general has been banned. Meanwhile, Russia has made clear they are going to pour government resources into artificially propping up the shares of companies that are trading.”

“This is not a real market and not a sustainable model—which only underscores Russia’s isolation from the global financial system,” he added. “The United States and our allies and partners will continue taking action to further isolate Russia from the international economic order as long it continues its brutal war against Ukraine.”

Shares plunged and the Moscow Exchange was shut down following Russia’s invasion of Ukraine on Feb. 24.

Mar 23, 11:39 pm
White House team plans for worst-case scenarios, including chemical attacks

A team set up by the White House has been gaming out worst-case scenarios in Ukraine, mostly focused on the possibility Russia carries out chemical and biological attacks, according to a National Security Council official.

The so-called “Tiger Team,” set up at the request of national security adviser Jake Sullivan in late February after Russia’s invasion of Ukraine began, has analyzed the possibility of Russia using nuclear weapons, but the NSC official emphasized that is not the team’s focus. The official said the group is mostly focused on protecting supply chains, security operations of U.S. personnel and planning for chemical or biological weapon attacks.

U.S. officials have repeatedly warned that Russia may be considering using chemical weapons in Ukraine and say Russian allegations that Ukrainians were developing chemical weapons may be a pretense to use such weapons themselves.

Copyright © 2022, ABC Audio. All rights reserved.

Related Articles

Back to top button