Russia-Ukraine live updates: U.S., Canada and European leaders vow to freeze Russian assets, target banks

4 yıl önce

The United States, Canada and European allies are preparing to target Russian financial institutions, including the nation’s central bank, with major restrictions in what would be a significant escalation of their efforts to punish the Kremlin for its invasion of Ukraine, the allies said in a joint statement Saturday evening as air raid sirens sounded in Kyiv.

The allies said they would block the Russian central bank from accessing hundreds of billions of dollars in reserves in the West, a move that could lead to financial panic in that country as it tries to pay for its new war. They also vowed to cut off Russian banks from the SWIFT messaging system, a network that connects banks around the world and is considered the backbone of international finance.

Fighting receded during daylight hours Saturday, but missile strikes continued to bombard the Ukrainian capital and other cities. Authorities imposed a 5 p.m. curfew.

Here’s what to know:

On Saturday morning, a high-rise apartment building near one of Kyiv’s international airports was struck by a missile as air raids continued.Ukraine’s health minister said 198 Ukrainians have been killed in the fighting, with more than 1,000 wounded. There were already signs of a mass exodus. The United Nations said Saturday that more than 150,000 Ukrainians have fled the country. Later it said there had been “at least 240 civilian casualties, including at least 64 dead.”Ukrainian President Volodymyr Zelensky posted a video of himself at daybreak Saturday appearing resolved to remain in Kyiv, even as Western officials warned that Russia plans to capture or kill him.Estonia, Latvia, Lithuania, Romania, Poland, Bulgaria and the Czech Republic have moved to shut their airspace to Russian airlines. Estonia’s prime minister called on all European Union countries to do the same.