President Vladimir Putin
Putin wants 'unfriendly countries' to pay rubles for gas
President Vladimir Putin announced Wednesday that Russia will demand “unfriendly'' countries pay for Russian natural gas exports only in rubles from now on.
Putin told a meeting with government officials that “a number of Western countries made illegitimate decisions on the so-called freezing of the Russian assets, effectively drawing a line over reliability of their currencies, undermining the trust for those currencies.”
“It makes no sense whatsoever," Putin added, “to supply our goods to the European Union, the United States and receive payment in dollars, euros and a number of other currencies.”
Read:Russia to expel more American diplomats
As a result, he said he was announcing “measures” to switch to payments for “our natural gas, supplied to so-called unfriendly countries” in Russian rubles.
The Russian president didn’t say when exactly the new policy will take effect. He instructed the country’s central bank to work out a procedure for natural gas buyers to acquire rubles in Russia.
Economists said the move appeared designed to try to support the ruble, which has collapsed against other currencies since Putin invaded Ukraine on Feb. 24 and Western countries responded with far-reaching sanctions against Moscow. But some analysts expressed doubt that it would work.
“Demanding payment in rubles is a curious and probably ultimately ineffective approach to attempting an end run around Western financial sanctions,’’ said Eswar Prasad, a professor of trade policy at Cornell University. “Rubles are certainly easier to come by now that the currency is collapsing. But exchanging other currencies for rubles will be quite difficult given the widespread financial sanctions imposed on Russia."
“The hope that demanding payment in rubles will increase demand for the currency and thereby prop up its value," Prasad added, "is also a false hope given all the downward pressures on the currency.’’
Neil Shearing, group chief economist at Capital Economics, said: “It’s not an obvious move to me, since the (Russian) economy needs a supply of foreign currency in order to pay for imports — and energy is one of the few sources left.”
German Economy Minister Robert Habeck accused Putin of breaking contracts with the move, German news agency dpa reported. Habeck said Wednesday in Berlin that the German government would discuss the matter with European partners.
Habeck said Putin’s announcement shows once again that Russia is not a stable partner, dpa reported.
Read:7,000 to 15,000 Russian troops dead in Ukraine: NATO
Despite severe Western sanctions, natural gas flows are still heading from Russia to Europe. The European Union is reliant on Russia for 40% of the natural gas it needs to generate electricity, heat homes and supply industry — a key reason why the EU has not applied its sanctions to Russia’s energy industry.
At the same time, across Europe, governments are slashing fuel taxes and doling out tens of billions to help consumers, truckers, farmers and others cope with spiking energy prices made worse by Russia’s war on Ukraine.
Vinicius Romano, a senior analyst at Rystad Energy, suggested that Moscow’s insistence on payments in rubles “may give buyers cause to reopen other aspects of their contracts — such as the duration — and simply speed up their exit from Russian gas altogether.”
2 years ago
Quiet night in Ukraine capital even as Russia tensions flare
President Vladimir Putin dramatically escalated East-West tensions by ordering Russian nuclear forces put on high alert following new crippling Western sanctions that forced his Central Bank to sharply raise its key rate Monday to save the ruble from collapse.
The explosions and gunfire around the Ukrainian capital besieged by the Russian forces appeared to subside overnight, and the Russian military offered to allow residents to leave Kyiv via a safe corridor while it has beefed up for an onslaught on the capital.
Ukraine has agreed to talks with Moscow, and its delegation was heading to the border with Belarus in the north for the meeting.
Read: A shelling, a young girl, and hopeless moments in a hospital
Citing “aggressive statements” by NATO and tough financial sanctions, Putin on Sunday issued a directive to increase the readiness of Russia's nuclear weapons, raising fears that the invasion of Ukraine could lead to nuclear war, whether by design or mistake.
The Russian leader is “potentially putting in play forces that, if there’s a miscalculation, could make things much, much more dangerous,” said a senior U.S. defense official, speaking on condition of anonymity to discuss rapidly unfolding military operations.
Putin's directive came as Russian forces encountered strong opposition from Ukraine defenders. Moscow has so far failed to win full control of Ukraine’s airspace, despite advances across the country. U.S. officials say they believe the invasion has been more difficult, and slower, than the Kremlin envisioned, though that could change as Moscow adapts.
The conflict — seemingly more quiet overnight Sunday than in past nights — could evolve significantly if Russia gets military help from neighboring Belarus, which is expected to send troops into Ukraine as soon as Monday, according to a senior American intelligence official with direct knowledge of current U.S. intelligence assessments who spoke anonymously because he was not authorized to speak publicly. The official said that whether Belarus enters the war depends on Ukraine-Russia talks set to happen in coming days.
Amid the mounting pressure, Western nations said they would tighten sanctions and buy and deliver weapons for Ukraine, including Stinger missiles for shooting down helicopters and other aircraft. European countries will also supply fighter jets to Ukraine, EU foreign policy chief Josep Borrell said.
Ukrainian President Volodymyr Zelenskyy’s office, has confirmed a meeting with a Russian delegation at an unspecified location on the Belarusian border.
It wasn’t immediately clear when the meeting would take place, nor what the Kremlin was ultimately seeking, either in those potential talks on the border or, more broadly, from its war in Ukraine. Western officials believe Putin wants to overthrow Ukraine’s government and replace it with a regime of his own, reviving Moscow’s Cold War-era influence.
The fast-moving developments came as scattered fighting has continued around Kyiv. Battles also broke out in Ukraine's second-largest city, Kharkiv, and strategic ports in the country's south came under assault from Russian forces.
By late Sunday, Russian forces had taken Berdyansk, a Ukrainian city of 100,000 on the Azov Sea coast, according to Oleksiy Arestovich, an adviser to Zelenskyy’s office. Russian troops also made advances toward Kherson, another city in the south of Ukraine, while Mariupol, a port city on the Sea of Azov that is considered a prime Russian target, is “hanging on," Arestovich said.
Russian Defense Minister Maj. Gen. Igor Konashenkov also said troops took control of the area around the Zaporizhzhia nuclear plant in the south. He emphasized that the plant was safe and the radiation levels in the area have remained normal.
With Russian troops closing in around Kyiv, a city of almost 3 million, the mayor of the capital expressed doubt that civilians could be evacuated. Authorities have been handing out weapons to anyone willing to defend the city. Ukraine is also releasing prisoners with military experience who want to fight, and training people to make firebombs.
But Konashenkov said the military would let Kyiv residents use a highway that leads out of the city to the southwest — an offer that appeared to signal a new onslaught is coming.
A nearly 40-hour curfew in Kyiv ended on Monday morning. The curfew will resume each night, from 10 p.m. until 7 a.m.
Read: Putin puts nuclear forces on high alert, escalating tensions
In Mariupol, where Ukrainians were trying to fend off attack, a medical team at a city hospital desperately tried to revive a 6-year-old girl in unicorn pajamas who was mortally wounded in Russian shelling.
During the rescue attempt, a doctor in blue medical scrubs, pumping oxygen into the girl, looked directly into the Associated Press video camera capturing the scene.
“Show this to Putin," he said angrily. “The eyes of this child, and crying doctors."
Their resuscitation efforts failed, and the girl lay dead on a gurney, her jacket spattered with blood.
Nearly 900 kilometers (560 miles) away, Faina Bystritska was under threat in the city of Chernihiv.
“I wish I had never lived to see this,” said Bystritska, an 87-year-old Jewish survivor of World War II. She said sirens blare almost constantly in the city, about 150 kilometers (90 miles) from Kyiv.
Chernihiv residents have been told not to switch on any lights “so we don’t draw their attention,” said Bystritska, who has been living in a hallway, away from any windows, so she could better protect herself.
“The window glass constantly shakes, and there is this constant thundering noise,” she said.
Meanwhile, the Western allies announced a freeze on Russia's hard currency reserves — an unprecedented move that could have devastating consequences for the country's financial system. The ruble dived sharply on the news, and Russia’s Central Bank has raised its key rate from 9.5% to 20% in a desperate attempt to shore up the plummeting national currency and and prevent a run on banks.
The U.S., European Union and Britain also agreed to block selected Russian banks from the SWIFT system, which facilitates moving money around thousands of banks and other financial institutions worldwide.
The EU on Sunday also closed its airspace to Russian airlines and buy weapons for Ukraine. The 27-nation bloc will also ban some pro-Kremlin media outlets, said European Commission President Ursula von der Leyen.
The U.S. also stepped up the flow of weapons to Ukraine, announcing it will send Stinger missiles as part of a package approved by the White House on Friday. Germany likewise plans to send 500 Stingers and other military supplies.
Also, the 193-member U.N. General Assembly scheduled an emergency session Monday on Russia's invasion.
Putin, in ordering the nuclear alert, cited not only statements by NATO members but the hard-hitting financial sanctions imposed by the West against Russia, including Putin himself.
“Western countries aren’t only taking unfriendly actions against our country in the economic sphere, but top officials from leading NATO members made aggressive statements regarding our country,” Putin said in televised comments.
U.S. defense officials would not disclose their current nuclear alert level except to say that the military is prepared all times to defend its homeland and allies.
White House press secretary Jen Psaki told ABC that Putin is resorting to the pattern he used in the weeks before the invasion, “which is to manufacture threats that don’t exist in order to justify further aggression.”
The practical meaning of Putin’s order was not immediately clear. Russia and the United States typically have land- and submarine-based nuclear forces that are on alert and prepared for combat at all times, but nuclear-capable bombers and other aircraft are not.
While Russian troops are being slowed by Ukrainian resistance, fuel shortages and other logistical problems, a senior U.S. defense official said that will probably change. “We are in day four. The Russians will learn and adapt,” the official said.
The number of casualties from Europe's largest land conflict since World War II remained unclear amid the confusion.
Ukraine’s Interior Ministry said Sunday that 352 Ukrainian civilians have been killed, including 14 children. It said an additional 1,684 people, including 116 children, have been wounded.
Russia's Defense gave no figures on Russia's dead and wounded but said Sunday his country's losses were “many times” lower than Ukraine's.
Russia, which massed almost 200,000 troops along Ukraine's borders, claims its assault is aimed only at military targets, but bridges, schools and residential neighborhoods have also been hit.
2 years ago
Russia attacks Ukraine as defiant Putin warns US, NATO
Russian troops launched their anticipated attack on Ukraine on Thursday, as President Vladimir Putin cast aside international condemnation and sanctions and warned other countries that any attempt to interfere would lead to “consequences you have never seen.”
Big explosions were heard before dawn in Kyiv, Kharkiv and Odesa as world leaders decried the start of an invasion that could cause massive casualties, topple Ukraine’s democratically elected government and threaten the post-Cold War balance on the continent.
President Volodymyr Zelenskyy declared martial law, saying Russia has targeted Ukraine’s military infrastructure. Ukrainians who had long braced for the prospect of an assault, while never knowing precisely when it would come, were urged to stay home and not to panic even as the country's border guard agency reported an artillery barrage by Russian troops from neighboring Belarus.
President Joe Biden pledged new sanctions to punish Russia for the aggression that the international community had expected for weeks but could not prevent through diplomacy.
Read: UN chief urges Putin to ‘give peace a chance’ in Ukraine
Putin justified it all in a televised address, asserting that the attack was needed to protect civilians in eastern Ukraine — a false claim the U.S. had predicted he would make as a pretext for an invasion. He accused the U.S. and its allies of ignoring Russia’s demands to prevent Ukraine from joining NATO and for security guarantees. He also credulously claimed that Russia does not intend to occupy Ukraine but will move to “demilitarize” it and bring those who committed crimes to justice.
Biden in a written statement condemned the “unprovoked and unjustified attack,” and he promised that the U.S. and its allies would “hold Russia accountable.” The president said he planned to speak to Americans on Thursday after a meeting of the Group of Seven leaders. More sanctions against Russia were expected to be announced Thursday.
Ukraine’s Foreign Minister Dmytro Kuleba described the assault as a “full-scale invasion" and said Ukraine will "defend itself and will win. The world can and must stop Putin. The time to act is now.”
In the capital, Kyiv Mayor Vitaly Klitschko advised residents to stay home unless they are involved in critical work and urged them to prepare go-bags with necessities and documents if they need to evacuate. An Associated Press photographer in Mariupol reported hearing explosions and seeing dozens of people with suitcases heading for their cars to leave the city.
The Russian military said it struck Ukrainian air bases and other military assets and had not targeted populated areas. The Russian Defense Ministry statement said the military was using precision weapons and claimed that “there is no threat to civilian population.”
Anton Gerashchenko, an adviser to Ukraine’s interior minister, said on Facebook that the Russian military had launched missile strikes on Ukrainian military command facilities, air bases and military depots in Kyiv, Kharkiv and Dnipro.
After the initial explosions in Kyiv, people could be heard shouting in the streets. Then a sense of normality returned, with cars circulating and people walking in the streets as a pre-dawn commute appeared to start in relative calm.
The consequences of the conflict and resulting sanctions on Russia could reverberate throughout the world, upending geopolitical dynamics in Europe as well as affecting energy supplies in Europe and jolting global financial markets.
Asian stock markets plunged and oil prices surged as the attack began. Earlier, Wall Street’s benchmark S&P 500 index fell 1.8% to an eight-month low after the Kremlin said rebels in eastern Ukraine asked for military assistance.
Anticipating international condemnation and countermeasures, Putin issued a stark warning to other countries not to meddle, saying, “whoever tries to impede us, let alone create threats for our country and its people, must know that the Russian response will be immediate and lead to the consequences you have never seen in history.”
Putin urged Ukrainian servicemen to “immediately put down arms and go home.”
In a stark reminder of Russia’s nuclear power, Putin warned that “no one should have any doubts that a direct attack on our country will lead to the destruction and horrible consequences for any potential aggressor.” He emphasized that Russia is “one of the most potent nuclear powers and also has a certain edge in a range of state-of-the-art weapons.”
Though the U.S. on Tuesday announced the repositioning of forces around the Baltics, Biden has said he will not send in troops to fight Russia.
Putin announced the military operation after the Kremlin said rebels in eastern Ukraine asked Russia for military assistance to help fend off Ukrainian “aggression," an announcement that the White House said was a “false flag” operation by Moscow to offer up a pretext for an invasion.
Putin's announcement came just hours after the Ukrainian president rejected Moscow’s claims that his country poses a threat to Russia and made a passionate, last-minute plea for peace.
“The people of Ukraine and the government of Ukraine want peace,” Zelenskyy said in an emotional overnight address, speaking in Russian in a direct appeal to Russian citizens. “But if we come under attack, if we face an attempt to take away our country, our freedom, our lives and lives of our children, we will defend ourselves. When you attack us, you will see our faces, not our backs.”
Zelenskyy said he asked to arrange a call with Putin late Wednesday, but the Kremlin did not respond.
In an apparent reference to Putin’s move to authorize the deployment of the Russian military to “maintain peace” in eastern Ukraine, Zelensky warned that “this step could mark the start of a big war on the European continent.”
“Any provocation, any spark could trigger a blaze that will destroy everything,” he said.
He challenged the Russian propaganda claims, saying that “you are told that this blaze will bring freedom to the people of Ukraine, but the Ukrainian people are free.”
At an emergency meeting of the U.N. Security Council called by Ukraine because of the imminent threat of a Russian invasion, members still unaware of Putin’s announcement appealed to him to stop an attack. U.N. Secretary-General Antonio Guterres opened the meeting, just before the announcement, telling Putin: “Stop your troops from attacking Ukraine. Give peace a chance. Too many people have already died.”
Read:Putin announces Ukraine military operation, explosions heard
NATO Secretary-General Jen Stoltenberg issued a statement condemning “Russia’s reckless and unprovoked attack on Ukraine, which puts at risk countless civilian lives. Once again, despite our repeated warnings and tireless efforts to engage in diplomacy, Russia has chosen the path of aggression against a sovereign and independent country.”
European Council President Charles Michel and European Commission President Ursula von der Leyen promised to hold the Kremlin accountable.
“In these dark hours, our thoughts are with Ukraine and the innocent women, men and children as they face this unprovoked attack and fear for their lives,” they said on Twitter.
Even before Putin's announcement, dozens of nations imposed sanctions on Russia, further squeezing Russian oligarchs and banks out of international markets.
The Russian Foreign Ministry has shrugged off the sanctions, saying that “Russia has proven that, with all the costs of the sanctions, it is able to minimize the damage.”
The threat of war has already shredded Ukraine's economy and raised the specter of massive casualties, energy shortages across Europe and global economic chaos.
2 years ago
Russia evacuating embassy in Ukraine as crisis escalates
Russia began evacuating its embassy in Kyiv, and Ukraine urged its citizens to leave Russia on Wednesday as the region braced for further confrontation after President Vladimir Putin received authorization to use military force outside his country and the West responded with sanctions.
Hopes for a diplomatic way out of a new, potentially devastating war in Europe appeared all but sunk as the U.S. and key European allies accused Moscow on Tuesday of crossing a red line in rolling over Ukraine's border into separatist regions — with some calling it an invasion.
Russia began pulling personnel from its diplomatic posts in Ukraine, state news agency Tass reported, a day after the Foreign Ministry announced a plan to evacuate, citing threats. By Wednesday afternoon, the Russian flag was no longer flying over the embassy in Kyiv, according to an Associated Press photographer. Police surrounded the building.
After weeks of trying to project calm, Ukrainian authorities also signaled increasing concern on Wednesday. The Foreign Ministry advised against travel to Russia and recommended anyone there leave immediately, saying Moscow’s “aggression” could lead to a significant reduction in consular services.
Read:Ukraine's economy is another victim of Russia's 'hybrid war'
The head of Ukraine’s National Security and Defense Council called for a nationwide state of emergency — subject to parliamentary approval. Oleksiy Danilov said it will be up to regional authorities to determine which measures to apply, but they could include additional protection for public facilities, restrictions on traffic, and additional transport and document checks.
It was just the latest in a series of signs of escalating tensions. Kyiv recalled its ambassador to Russia and considered breaking all diplomatic ties with Moscow; Russia said it would evacuate personnel from its embassy in Ukraine; dozens of nations further squeezed Russian oligarchs and banks out of international markets; Germany halted a lucrative pipeline deal; the U.S. repositioned additional troops to NATO’s eastern flank bordering Russia; and the top U.S. diplomat canceled a meeting with his Russian counterpart.
Already, the threat of war has shredded Ukraine's economy and raised the specter of massive casualties, energy shortages across Europe and global economic chaos.
Even as the conflict took a new, dangerous turn, leaders warned it could still get worse. Russian President Vladimir Putin has yet to unleash the force of the 150,000 troops massed on three sides of Ukraine, while U.S. President Joe Biden held back on even tougher sanctions that could cause economic turmoil for Russia but said they would go ahead if there is further aggression.
German Foreign Minister Annalena Baerbock on Wednesday called European Union sanctions agreed a day before just “a first step” and also said further measures could follow. Sanctions are key because the West has ruled out taking on Russia militarily.
Ukrainian Foreign Minister Dmytro Kuleba urged Western leaders not to wait.
“We call on partners to impose more sanctions on Russia now," he wrote on Twitter on Wednesday. "Now the pressure needs to step up to stop Putin. Hit his economy and cronies. Hit more. Hit hard. Hit now.”
Responding defiantly to the steps already taken, Russian ambassador in the U.S. Anatoly Antonov retorted that “sanctions cannot solve a thing” in a statement on Facebook. “It is hard to imagine that there is a person in Washington who expects Russia to revise its foreign policy under a threat of restrictions.”
In Ukraine's east, where an eight-year conflict between Russia-backed rebels and Ukrainian forces has killed nearly 14,000 people, violence also spiked again. One Ukrainian soldier was killed and six more sustained injuries after shelling by the rebels, Ukrainian military said. Separatist officials reported several explosions on their territory overnight and three civilian deaths.
Since last Friday, when separatist leaders in the Donetsk and Luhansk regions announced mass evacuations into Russia, more than 96,000 residents of the separatist areas have crossed the Russian border.
After weeks of rising tensions, Putin took a series of steps this week that dramatically raised the stakes. First, he recognized the independence of those separatist regions. Then, he said that recognition extends even to the large parts of the territories now held by Ukrainian forces, including the major Azov Sea port of Mariupol.
Read:Ukraine’s Zelenskyy calls on Putin to meet as tensions soar
Finally, he asked for and was granted permission to use military force outside the country — effectively formalizing a Russian military deployment to the rebel regions.
Still, Putin suggested there was a way out of the crisis, laying out three conditions: He called on Kyiv to recognize Russia’s sovereignty over Crimea, the Black Sea peninsula that Moscow annexed from Ukraine in 2014, to renounce its bid to join NATO and partially demilitarize.
But it was unclear if there was actually any room for diplomacy since the first two demands had been previously rejected by Ukraine and the West as non-starters.
The Russian leader remained vague when asked whether he has sent any Russian troops into Ukraine and how far they could go, and separatist leader in Donetsk Denis Pushilin said Wednesday that there are currently no Russian troops in the region.
Pushilin's remarks contradict those of Vladislav Brig, a member of the separatist local council in Donetsk, who told reporters Tuesday that Russian troops had already moved in. Late Monday, convoys of armored vehicles were seen rolling across the separatist-controlled territories. It wasn’t immediately clear if they were Russian.
2 years ago
Over 5,100 arrested at pro-Navalny protests across Russia
Chanting slogans against President Vladimir Putin, tens of thousands took to the streets Sunday across Russia to demand the release of jailed opposition leader Alexei Navalny, keeping up nationwide protests that have rattled the Kremlin. More than 5,100 people were detained by police, according to a monitoring group, and some were beaten.
3 years ago
Coronavirus: Russian PM Mishustin tests positive for virus
Russian Prime Minister Mikhail Mishustin has gone to hospital after he was diagnosed with coronavirus, reports The BBC.
4 years ago
Russia reports 'successful test’ of unplugged internet
Russia has announced the successful countrywide test of an alternative to global internet as experts fear that the policy could lead to repression of free speech.
4 years ago
Putin says Russia is leading world in hypersonic weapons
President Vladimir Putin said Tuesday that Russia has got a strong edge in designing new weapons and that it has become the only country in the world to deploy hypersonic weapons.
4 years ago