Category: crisis

Live Updates: Ukraine’s Capital Announces New 35-hour Curfew

The latest on the Russia–Ukraine crisis, March 25. Click here for updates from March 24. Ukraine’s Capital Announces New 35-hour Curfew Authorities in the Ukrainian capital, Kyiv, have announced a new 35-hour curfew in the city. Kyiv Mayor Vitali Klitschko said the curfew will run from 8 p.m. local time on Saturday to 7 a.m….


Live Updates: Russian Forces Take Chernobyl Workers’ Town; Fighting in Centre of Mariupol

The latest on the Russia–Ukraine crisis, March 25. Click here for updates from March 24. Russian Forces Take Chernobyl Workers’ Town; Fighting in Centre of Mariupol Russian forces have taken control of a town where workers at the defunct Chernobyl nuclear plant live, the governor of Kyiv region said on Saturday, and fighting was reported…


LIVE UPDATES: Russia Warns West: Gas Bills in Roubles Are Just Days Away

The latest on the Russia–Ukraine crisis, March 25. Click here for updates from March 24. Russia Warns West: Gas Bills in Roubles Are Just Days Away Russia warned the West on Friday that billing in roubles for billions of dollars of natural gas exports to Europe could be just days away, Moscow’s toughest response yet…


LIVE UPDATES: Biden Meets With Ukrainian Officials in Poland

The latest on the Russia–Ukraine crisis, March 25. Click here for updates from March 24. Biden Meets With Ukrainian Officials in Poland President Joe Biden met with Ukraine’s foreign and defense ministers Saturday in Poland on the final leg of his trip to Europe. Biden’s talk with Foreign Minister Dmytro Kuleba and Defense Minister Oleksii Reznikov was…


LIVE UPDATES: Explosions Rock Lviv in Western Ukraine: Lviv Governor

The latest on the Russia–Ukraine crisis, March 25. Click here for updates from March 24. Explosions Rock Lviv in Western Ukraine: Lviv Governor Lviv Governor said on Twitter: “There were three explosions near Kryvchycy.” ____ Biden Meets With Ukrainian Officials in Poland President Joe Biden met with Ukraine’s foreign and defense ministers Saturday in Poland on the…


LIVE UPDATES: Lviv Mayor Reports Further Strike After Rockets Hit Outskirts of Western Ukrainian City

The latest on the Russia–Ukraine crisis, March 25. Click here for updates from March 24. Lviv Mayor Reports Further Strike After Rockets Hit Outskirts of Western Ukrainian City The mayor of Lviv said another rocket had hit the city in western Ukraine on Saturday, not long after two rockets struck its outskirts in what appeared…


Russia: Capital Controls Were Tit-for-Tat Move After Central Bank Reserves Frozen

Restrictions Russia’s central bank imposed in the past month on capital flows out of the country were a tit-for-tat move in response to part of its reserves being frozen by Western countries, the regulator said on Friday. Western sanctions imposed on Russia for what Moscow calls “a special military operation” in Ukraine have limited the…


Russian Demand for Rouble Gas Payments Would Be Breach of Contract, EU Leaders Say

BRUSSELS—Leaders from some European Union member states said on Thursday Russia’s demand that “unfriendly” countries use roubles to buy for its oil and gas could breach supply contracts. President Vladimir Putin’s demand on Wednesday for rouble payments sent European gas prices surging and added to concerns over supply disruptions in the EU, which gets about…


Euro Edges Higher as Focus on Ukraine; Yen Rebounds Versus Dollar

The euro edged higher on Friday, but concerns about a potential slowdown of the economy kept it in a tight range, while the dollar weakened as investors priced in expected monetary tightening by the Federal Reserve. “The combination of lingering Russia-related risks, high energy prices, and Fed-ECB policy divergence still points to a weaker, rather…


Oil Slips as Kazakh Supply Concerns Ease

LONDON—Oil prices slipped on Friday, with some supply concerns easing after a partial export resumption from Kazakhstan’s CPC crude terminal. Brent crude fell $1.29, or 1.1 percent, to $117.74 a barrel at 1049 GMT and U.S. West Texas Intermediate (WTI) crude slid $1.80, or 1.6 percent, to $110.54 after both had dropped more than 2…