×

We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now
A woman sits in a tent as people take shelter in the Dorohozhychi subway station that has been turned into a bomb shelter in Kyiv, Ukraine, in this March 2 2022 file photo. Picture: GETTY IMAGES/CHRIS MCGRATHE
A woman sits in a tent as people take shelter in the Dorohozhychi subway station that has been turned into a bomb shelter in Kyiv, Ukraine, in this March 2 2022 file photo. Picture: GETTY IMAGES/CHRIS MCGRATHE

No damage to reactors

The Zaporizhzhia nuclear plant — Europe’s biggest — was undamaged by what UN nuclear chief Rafael Grossi said he believed was a Russian projectile. Moscow blamed Ukrainian saboteurs for the attack.

International media organisations suspend work in Russia

Russia blocked Facebook and some other websites and passed a law that gave Moscow much stronger powers to crack down on independent journalism, prompting foreign media to suspend reporting in the country. CNN said it would stop broadcasting in Russia and the BBC, Canada’s CBC and Bloomberg News temporarily suspended operations after Russia’s parliament passed the new media law.

US weighs cutting Russian oil imports

The Biden administration is considering cutting US imports of Russian oil and ways to minimise the impact on global supplies and consumers.

City of Mariupol has no water, heating

The eastern Black Sea port is without water and heating, and food is scarce, its mayor said, appealing for military help. “We are simply being destroyed.”

Ukraine still has most of its warplanes

Ukraine retained a “significant majority” of its military aircraft nine days after the invasion started, a US defence official said.

Bread prices to be forced up by war

Russia’s invasion of Ukraine, one of the world’s biggest wheat growers, will drive up the price of bread, eroding food security for millions of people, the World Food Programme said.

Russians, Ukrainians seek asylum at US-Mexico border

A growing number of Russians and Ukrainians are travelling to Mexico, buying throwaway cars and driving across the border into the US to seek asylum. 

Singapore sanctions

Singapore, in a rare move by the Asian financial hub, is sanctioning four Russian banks and banning exports of electronics, computers and military items. Microsoft , Birkin bag maker Hermes, Cartier owner Richemont and Danish brewer Carlsberg all took steps against Russia.

Nuclear near-miss

US ambassador to the UN Linda Thomas-Greenfield said the world had narrowly averted a nuclear catastrophe. She told an emergency UN Security Council meeting the attack reflected a “dangerous new escalation” in Russia’s invasion.

Investors run for cover

Stock prices weakened globally, and safe-haven assets were in demand. The rouble ended the week down more than 20% as Russia’s economy buckles under the pressure of sanctions.

Reuters

subscribe

Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.