Friday, June 24, 2022

Live updates: Bloomberg suspends jobs in Russia and Belarus

NEW YORK – Bloomberg News says it has suspended its operations in Russia and Belarus, citing international condemnation and sanctions against Russia over its invasion of Ukraine.

The financial news company said customers in both Russia and Belarus would not have access to any of Bloomberg’s financial products, including terminals, data licenses, data feeds and electronic trading platforms.

Trade functions for Russian securities have been deactivated in line with international sanctions, it said.

Bloomberg had earlier suspended the work of its journalists in Russia and removed Russian stocks from its global stock indices. Russian bonds will be removed with the rebalancing at the end of the month, the company said in a statement.

It said Bloomberg Philanthropies had pledged $ 40 million to the International Rescue Committee and the World Central Kitchen to help Ukrainians and refugees in the region and elsewhere.

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KEY DEVELOPMENTS IN THE WAR IN RUSSIA-UKRAINE:

– New round of talks intends to stop the fighting in Ukraine

– Many in the Middle East see hypocrisy in the Western embrace of Ukraine

– Pentagon may need more budget funding to help Ukraine

– UN chief launches efforts for Ukraine humanitarian ceasefire

– Ukraine’s other struggle: Growing food for himself and the world

– Go to https://apnews.com/hub/russia-ukraine for more coverage

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OTHER DEVELOPMENTS:

ISTANBUL – Turkish President Recep Tayyip Erdogan has called for a ceasefire while Russian and Ukrainian delegations resume talks in Istanbul.

In a speech at the beginning of Tuesday, Erdogan said progress in the talks could pave the way for a meeting between the two countries’ leaders.

“We believe that there will be no losers in a just peace. “Extending the conflict is not in anyone’s interest,” Erdogan said. “As members of the delegations, you have accepted a historical responsibility. The whole world is waiting for the good news that will come from you. ”

The delegations are scheduled to hold two-day talks in a government building next to the 19th-century Ottoman palace, Dolmabahce, on the Bosphorus coast.

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Earlier talks between the parties, which were held in person in Belarus or by video, could not move forward with the end of the month-long war that killed thousands and drove more than 10 million Ukrainians out of their homes – including nearly 4 million from their land.

Prior to the talks, Ukrainian President Volodymyr Zelenskyy said his country was prepared to declare its neutrality, as Moscow had demanded, and was open to compromise on the fate of the Donbas, the disputed region in the country’s east.

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KYIV, Ukraine – Ukraine’s military says Russia has destroyed more than 60 religious buildings across the country in just over a month of war.

In a post Tuesday, the military said the Orthodox Church – the country’s majority religion – was most affected, but that mosques, synagogues, Protestant churches and religious schools had also been destroyed.

On a map provided by the military, the destruction appears to be concentrated around Kiev and in the country’s east.

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UNITED NATIONS – The head of the United Nations has launched an initiative to immediately investigate possible arrangements for a “humanitarian ceasefire in Ukraine” to enable the delivery of much-needed aid and pave the way for serious political negotiations around the to end month-long war.

Secretary-General Antonio Guterres said on Monday he had asked Deputy Secretary-General Martin Griffiths, head of the UN’s global humanitarian operations, to investigate the possibility of a ceasefire with Russia and Ukraine. He said Griffiths has already made some contacts.

The 193 members of the UN General Assembly, with an overwhelming majority of about 140 nations, twice called for an immediate cessation of hostilities in Ukraine – on March 2 and March 24 – and Guterres told reporters he think “this is the moment” for the United Nations “to accept the initiative.”

Since Russia’s invasion of Ukraine on February 24, the Secretary-General has said there has been a “senseless loss of thousands of lives,” displacement of 10 million people, systematic destruction of homes, schools, hospitals and other essential infrastructure, “and skyrocketed. food and energy prices worldwide. “

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LVIV, Ukraine – Ukrainian President Volodymyr Zelenskyy said late Monday that Russian forces were still attacking Kiev, despite being driven out of Irpin, a suburb northwest of the capital that had experienced heavy fighting.

He said the Russians remain in control of northern suburbs and are trying to regroup after losing Irpin on Monday. He urged the Ukrainians not to give up in the war.

“We still have to fight, we have to endure,” Zelenskyy said in his night video speech to the nation. “We can not express our emotions now. We can not raise expectations, simply so that we do not burn out. ”

He said the situation remained tense in the northeast, around Chernihiv, Sumy, Kharkiv, and also in the eastern Donbas region and in the south around Mariupol, which is still blocked by Russian troops.

The president said no humanitarian corridors could be opened from the besieged city on Monday.

Zelenskyy said he had spoken to leaders of Azerbaijan, Britain, Canada and Germany on Monday, urging them to step up sanctions against Russia.

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WASHINGTON – The Pentagon may have to ask Congress for additional money to support Ukraine’s fight against Russia’s invasion, including replenishing America’s arsenal of weapons sent to Kiev, officials said Monday.

With the rollout of the Department of Defense’s $ 773 billion request for fiscal 2023, Pentagon leaders said the budget was finalized before the invasion, so it has no specific money for the war. Congress approved an $ 13.5 billion emergency funding package in early March.

The leaders said it was too early to predict how quickly Ukrainian forces would use up the weapons and ammunition already provided, and how much the US would need to replace what it was sending to Ukraine, such as Stinger and Javelin missiles. or body weapons and other equipment.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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