russia and ukraine news now now?
russia and ukraine news now
As fierce fighting continued across Ukraine overnight into Monday morning, Kyiv said it would push for a cease-fire at talks with officials from Moscow.
The meeting on the Belarussian border comes after President Vladimir Putin ordered his nuclear deterrent force to be on high alert, a huge escalation in Russia's confrontation with Western powers who have increased their supply of lethal aid to Ukraine and imposed crippling financial sanctions.
On Sunday the European Union made the unprecedented move to finance the purchase and delivery of lethal weapons to aid the Ukrainian resistance.
The effect of sanctions was felt across Russia on Monday, as the value of the Ruble went into freefall and Moscow's central bank raised interest rates from 9.5 to 20 percent to protect people's savings.
Follow our in-depth coverage of the Russia-Ukraine crisis here.
russia and ukraine news now
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LIVE COVERAGE
Updated a minute ago
Live Updates / Russia-Ukraine conflict live updates: Talks underway as Kyiv fights on, Ruble crashes
Russia and Ukraine met for talks on the Belarussian border Monday morning.
00:00 /03:27
TAP TO UNMUTE
U.S. Embassy in Moscow: U.S. citizens should consider leaving Russia 'immediately'
Feb. 28, 2022, 1:35 AM +03 / Updated Feb. 28, 2022, 4:12 PM +03
By NBC News
As fierce fighting continued across Ukraine overnight into Monday morning, Kyiv said it would push for a cease-fire at talks with officials from Moscow.
The meeting on the Belarussian border comes after President Vladimir Putin ordered his nuclear deterrent force to be on high alert, a huge escalation in Russia's confrontation with Western powers who have increased their supply of lethal aid to Ukraine and imposed crippling financial sanctions.
On Sunday the European Union made the unprecedented move to finance the purchase and delivery of lethal weapons to aid the Ukrainian resistance.
The effect of sanctions was felt across Russia on Monday, as the value of the Ruble went into freefall and Moscow's central bank raised interest rates from 9.5 to 20 percent to protect people's savings.
Follow our in-depth coverage of the Russia-Ukraine crisis here.
SEE 1 NEW POST
NBC News
8m ago / 4:05 PM +03
Worries for Russian economy grow amid panic and protest
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NBC News
23m ago / 3:49 PM +03
Watch: Ukrainian military reservists train to fight Russians
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U.S. expands sanctions on Russia's central bank, prohibiting American deals and freezing assets
Josh Lederman and Chantal Da Silva
43m ago / 3:30 PM +03
The United States is expanding sanctions on Russia’s central bank in a move that will block Americans from doing any business with it and freezing any assets it holds in the U.S.
In a statement Monday, the Treasury said the decision would apply to the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation.
It said U.S. was also adding Russian Direct Investment Fund Chief Executive Officer Kirill Dmitriev — who it referred to as a "known Putin ally" — to the sanctions list.
“The unprecedented action we are taking today will significantly limit Russia’s ability to use assets to finance its destabilizing activities, and
target the funds Putin and his inner circle depend on to enable his invasion of Ukraine,” Secretary of the Treasury Janet Yellen said in a statement. “Today, in coordination with partners and allies, we are following through on key commitments to restrict Russia’s access to these valuable resources.”
It comes after the U.S., Canada and the E.U. announced they would each be restricting Russia's ability to use its central bank reserves.
DNIPRO, Ukraine — Although the city of Dnipro in eastern Ukraine is calm, getting cash is still a problem. Many people are roaming around trying different cash machines, walking away with nothing shaking their heads.
NBC News spotted an ATM being refilled — a line of 20 people formed almost instantly. There is a 1,000 hryvnia ($33) limit per transaction. Those who try for more than withdrawal are met with complaints from others in line.
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