Manufacturing
Western countries want to organise artificial default of Russia by freezing accounts
Russian Finance Minister Anton Siluanov said that the freezing of foreign currency accounts of the central bank, as well as the country's government, can be regarded as the desire of the West to organise an artificial default of Moscow. Russia has denied statements that it cannot fulfil its obligations under the public debt.
Russia's reported calls for military supplies, economic assistance put China in a fix
Russia has asked China for military help and aid in evading sanctions imposed on Moscow as it continues to wage its war against Ukraine, the BBC reported citing US officials as saying. China's Embassy in Washington says it is not aware of the request, as the US warns of consequences.
Nearly half of Russia's reserves frozen amid Ukraine war
Russian Finance Minister Anton Siluanov said that nearly half of the country's roughly $640 billion of gold and foreign currency reserves have been frozen in the wake of Moscow's ongoing war on Ukraine. Speaking to the local media, Siluanov said that Russia will pay rubles to its debt holders, reports Xinhua news agency.
India-Australia virtual summit after Modi hosts Japanese PM visit this month: Reports
Indian Prime Minister Narendra Modi and Australian PM Scott Morrison are planning to hold a virtual bilateral summit. This summit will be held after Japanese PM Fumio Kishida’s bilateral visit to India on 19th and 20th March, as per a report by Economic Times. On the agenda of this virtual meet will be Indo-Pacific defence partnership, supply chain issues, import of critical minerals from Australia among other things.
US Embassy in Kiev asks Americans to leave Ukraine
The US Embassy in Kiev on Monday asked American nationals in Ukraine to leave the war-torn nation as Russia continued its assault for the 19th day. The Embassy's announcement on Monday came shortly after US Secretary of State Antony Blinken spoke to Ukrainian Foreign Minister Dymtro Kuleba.
Russia seeks military, economic aid from China to sustain Ukraine invasion: US media
Russia has asked China to provide military and economic aid to help sustain its invasion of Ukraine. The details of the request and China’s response has not been disclosed, as per a report by the Financial Times. If the request goes through, it will undermine the collective efforts of the US and Europe to help the Ukrainian government to push back Russia’s invasion.
Mass evacuation planned for Monday in Ukraine's Luhansk region
Authorities in Ukraine's Luhansk have said that a mass evacuation of citizens from the separatist region has been planned for Monday as Moscow's war on Kiev has continued for 19 days now. In a Facebook post late Sunday night, Head of Luhansk Military/State Administration Serhiy Haidai said that people from local settlements will be brought to the Novozolotarivka railway station from where they will be evacuated in a train scheduled to leave at around 2 p.m.
Only 9 humanitarian corridors in Ukraine operated in last 24 hrs: Minister
Ukraine's Deputy Prime Minister Iryna Vereshchuk said that of the 14 planned humanitarian corridors for the evacuation of stranded people, only nine were operational in the last 24 hours. According to Vereshchuk, on Sunday 600 people were evacuated from the town of Borodyanka and taken to Zhytomyr, while 600 others were evacuated from Bucha, near Kiev, Ukrayinska Pravda reported.
Zelensky renews call for no-fly zone over Ukraine
Ukrainian President Volodymyr Zelensky has renewed his call to NATO leaders to establish a no-fly zone over his country, warning that it was only a matter of time that Russian missiles would also fall on the alliance's territories. A no-fly zone refers to any region of airspace where it has been established that certain aircraft cannot fly.
Russia, Ukraine to hold online negotiations on Monday
"Negotiations go non-stop in the format of video conferences. Working groups are constantly functioning. A large number of issues require constant attention. On Monday, March 14, a negotiating session will be held to sum up the preliminary results," Mykhailo Podoliak, advisor to the Head of the President's Office of Ukraine, tweeted on Sunday night, Xinhua news agency reported. Ukrainian and Russian delegations have held three rounds of peace talks in-person in Belarus since February 28.
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