Latest news on Russia and the war in Ukraine

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Russia claims to have destroyed S-300 missile systems donated to Ukraine by European state

Smoke rises from Dnipro airport on April 10, 2022.

Ronaldo Schmidt | AFP | Getty Images

Russia said on Monday it used cruise missiles to destroy S-300 anti-aircraft missile systems that had been supplied to Ukraine by an unidentified European country.

Russia on Sunday launched Kalibr cruise missiles against four S-300 launchers concealed in a hangar on the outskirts of the Ukrainian city of Dnipro, the Defense Ministry said.

Russia said 25 Ukrainian soldiers were hit in the attack.

—Reuters

Ukraine says nine humanitarian corridors have been agreed for Monday

Ukrainian Deputy Prime Minister Iryna Vereshchuk said nine humanitarian corridors to evacuate people from beleaguered eastern regions of the country had been agreed for Monday.

Planned corridors include five in the Lugansk region, three in the Zaporizhzhia region and one in the Donetsk region, Vereshchuk said.

—Sam Meredith

Zelenskyy Says Tens of Thousands Killed in Mariupol; nearly 300 hospitals destroyed

Zelenskyy told South Korean lawmakers that nearly 300 hospitals have been destroyed in Ukraine.

Chung Sung-jun | AFP | Getty Images

Ukrainian President Volodymyr Zelenskyy has addressed South Korean lawmakers, telling the country’s parliament that tens of thousands of people were likely killed in Russia’s offensive on the beleaguered port city of Mariupol.

“Even though the Russians didn’t stop the attack, they want to make Mariupol an example,” Zelenskyy said, according to a translation.

He accused Russia of targeting and destroying Ukraine’s infrastructure, including nearly 300 hospitals, and warned that tens of thousands of Russian forces are preparing for the next offensive.

“There is no hope that Russian rational thinking will prevail and Russia will stop. Russia can only be forced to do so,” Zelenskyy said.

—Sam Meredith

Germany sees ‘massive evidence’ of Russian war crimes in Ukraine

German Foreign Minister Annalena Baerbock said Germany saw “massive evidence” of war crimes in Ukraine.

Thomas Trutschel | Photo library | Getty Images

German Foreign Minister Annalena Baerbock said there were “massive indications” of Russian war crimes in Ukraine, adding that it was essential to obtain all the evidence, according to Reuters.

“We have massive indications of war crimes,” Baerbock said ahead of a meeting with EU ministers in Luxembourg, Reuters reported. “Ultimately the courts will have to decide, but for us it is essential to secure all the evidence.”

“As the German federal government, we have already made it clear that there will be a complete phase-out of fossil fuels, starting with coal, then oil and gas, and so that this can be implemented jointly in the European Union, we need a joint and coordinated plan to phase out fossil fuels completely so that we can withdraw as the European Union,” Baerbock said.

—Sam Meredith

Kharkiv city in northeastern Ukraine recorded 66 strikes in past 24 hours, governor says

This photograph shows a partially destroyed five-storey residential building in the Ukrainian city of Kharkiv on April 10, 2022, amid the Russian invasion of Ukraine.

Sergei Bobok | AFP | Getty Images

Kharkiv regional administration chief Oleh Sinegubov said Russian forces launched around 66 strikes in and near the northeastern city in 24 hours.

Sinegubov said 11 civilians were killed in the attacks, including a 7-year-old child, while 14 people were injured. Affected areas include Saltivka, Pyatihatky, Kholodna Hora, Pisochyn, Zolochiv, Balakliya and Derhachi.

CNBC was unable to independently verify this report.

“We are seeing enemy reconnaissance aircraft activity in the area,” Sinegubov said via Telegram, according to a translation.

—Sam Meredith

‘Don’t fall for the trap’: Ukraine warns Russian disinformation could target Western lawmakers

Ukrainian Foreign Minister Dmytro Kuleba urged Western lawmakers and media not to be fooled by Russian disinformation.

Francois Walschaerts | AFP | Getty Images

Ukrainian Foreign Minister Dmytro Kuleba has warned Western lawmakers of the prospect of a “massive” Russian disinformation campaign over imposing sanctions and supplying arms to Ukraine.

“Russia knows that arms supplies are essential for Ukraine and is mobilizing all efforts to undermine them,” Kuleba said via Twitter.

“Moscow has prepared a massive information campaign targeting foreign media and politicians. Their troll factory can spam emails and flood comments with [disinformation] on Ukraine. Don’t fall for the trap,” Kuleba said.

—Sam Meredith

French Societe Generale pulls out of Russia with sale of Rosbank stake; shares jump 5%

The French bank Societe Generale has announced its intention to leave Russia.

Bloomberg | Bloomberg | Getty Images

French bank Societe Generale has agreed to sell its stake in Rosbank and the Russian lender’s insurance subsidiaries to Interros Capital, an investment firm founded by Russian billionaire Vladimir Potanin.

Bank of Russia’s exit comes after growing pressure to follow in the footsteps of other Western companies following the Kremlin’s invasion of Ukraine.

SocGen said in a statement that it would have a €2 billion ($2.1 billion) impairment of the net book value of divested businesses and a non-cash exceptional item with no impact on the Group’s capital ratio. of 1.1 billion euros.

Shares of SocGen rose nearly 5% in early morning trading in London.

—Sam Meredith

UK fears Russia may use phosphorus munitions in Ukraine’s besieged city of Mariupol

The British Ministry of Defense said Russian shelling continued in Ukraine’s Donetsk and Luhansk regions, with Ukrainian forces seen “repelling several assaults resulting in the destruction of Russian tanks, vehicles and artillery equipment”.

The ministry warned Russian forces that the past use of phosphorus munitions in Donetsk Oblast “raises the possibility of their future employment in Mariupol as fighting for the city escalates.”

He also said that “Russia’s continued reliance on unguided bombs diminishes its ability to discriminate when targeting and conducting strikes while significantly increasing the risk of further civilian casualties.”

—Sam Meredith

The war will reduce Ukraine’s GDP by more than 45%, according to World Bank forecasts

Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine, July 17, 2020.

Valentin Ogirenko | Reuters

Ukraine’s economic output will likely contract by 45.1% this year as the Russian invasion shuttered businesses, reduced exports and destroyed productive capacity, the World Bank said in a new impact assessment on Sunday. economics of war.

The World Bank also predicts that Russia’s GDP output in 2022 will fall by 11.2% due to punitive financial sanctions imposed by the United States and its Western allies on Russian banks, state-owned enterprises and other institutions. .

The World Bank’s Eastern Europe region, comprising Ukraine, Belarus and Moldova, is expected to see a 30.7% contraction in GDP this year, due to shocks from war and trade disruption .

For Ukraine, the World Bank report estimates that more than half of businesses in the country are closed, while others still open are operating well below normal capacity. The closure of Black Sea shipping from Ukraine has cut off about 90% of the country’s grain exports and half of its total exports.

Reuters

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