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The Latest Breaking News from Russia

Russia sanctions ‘to cut UK living standards by £2,500 per household’

Centre for Economics and Business Research halves growth forecast and says inflation expected to remain at 7% until 2023

The Guardian - UK

Levi’s halts sales of jeans in Russia and pledges $300,000 in donations to Ukrainian refugees

The firm joins other brands including Asos, Nike, Chanel and Gucci in ceasing trade in Russia

The Independent UK

Civilian death toll in Ukraine now 474 but more casualties reported -U.N.

The United Nations human rights office said on Tuesday that it had verified 1,335 civilian casualties in Ukraine, including 474 killed and 861 injured, since Russia's invasion began on Feb. 24.

Reuters

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Biden announces ban on Russian oil imports and warns Americans: ‘defending freedom is going to cost’

A ban on Russian oil imports would deal a significant blow to Russia’s government, which is heavily dependent on fossil fuel sales

The Independent UK

Putin signs law allowing government to quickly raise pensions - RIA

Russian President Vladimir Putin has signed a law allowing his government to quickly raise pensions, part of a set of anti-crisis measures after Russia was hit by a wave of economic sanctions over Ukraine, the RIA news agency reported on Tuesday.

Reuters

Why U.S. Well Services Shares Are Soaring Today

U.S. Well Services Inc (NASDAQ: USWS) is surging Tuesday morning amid a rise in oil prices in the wake of Russia's invasion of Ukraine.

Benzinga

‘They were sent as cannon fodder’: Siberian governor confronted by relatives of Russian unit

Video shows Sergei Tsivilyov being blamed for deploying local riot police to Ukraine

The Guardian - UK

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Electricity bills to rise further as expert pinpoints how much Irish people could soon be paying

The news comes after fuel prices reached record highs on Monday

Irish Mirror

Liz Truss warns MPs Ukraine 'not the limit of Putin's ambitions' as UK counts cost of sanctions

Foreign Secretary suggests the cost of sanctions is a price worth paying to defeat Putin

Manchester Evening News

AP Source: Biden to ban Russian oil imports over Ukraine war

President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter

The Independent UK

Why US Energy Shares Are Surging Today

Shares of independent energy company US Energy Corp (NASDAQ: USEG) are trading higher Tuesday morning amid a rise in oil and energy prices in the wake of Russia's invasion of Ukraine.

Benzinga

VIDEO: Ukrainian Navy Exchanges Fire With Russian Rivals And Blows Up Ship

Moscow does not budge in its demands over Crimea and eastern Ukraine as war rages on.

Zenger

Chanel leaves Paris fashion crowd pleased with tweeds

Lighthearted flourishes edge closer to Lagerfeld-era showmanship while war in Ukraine redraws industry alliances

The Guardian - UK

Ukrainian president speaks to Israeli PM about mediation efforts with Russia

Ukrainian President Volodymyr Zelenskiy spoke to Israeli Prime Minister Naftali Bennett on Tuesday about Bennett's efforts to act as an intermediary with Moscow after the Russian invasion of Ukraine.

Reuters

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Reuters

Thousands of Russians stuck in Thailand as sanctions kick in

Thousands of tourists from Russia are currently stranded in Thailand, officials said on Tuesday, as unprecedented Western sanctions over the invasion of Ukraine put a squeeze on Russians struggling to find flights and finances.

Roll Call

Biden warns of higher pump prices as he bans Russian energy - Roll Call

President Biden issued a ban on the import of Russian energy and warned the move would require Americans to endure higher gasoline prices.

Evening Standard

Evening Standard Comment: As the cost of living crisis deepens, Rishi Sunak must act

The UK economy is reeling from three shocks in quick succession: Brexit, Covid-19 and now Russia’s invasion of Ukraine. The Covid-19 pandemic wrought on Britain the sharpest contraction in GDP since 1709, as the Government effectively switched off swathes of the economy in order to halt the virus.

Reuters

Moscow scolds Irish envoy after truck driven into Russian embassy gates

Russia called in the Irish ambassador on Tuesday to demand an apology and lodge a formal complaint, the foreign ministry said, after a man drove a lorry through the gates of Russia's embassy to Dublin to protest against Moscow's invasion of Ukraine.

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The Independent UK

Robert Lewandowski drops Huawei as sponsor over links to Russia

The Bayern Munich and Poland striker refused to play against Russia in the upcoming World Cup qualifiers

Daily Mirror

Italian club Zebre evacuates families of Ukrainian rugby players amid Russian invasion

Almost 50 family members of players at Kyiv club RC Polytechnic were evacuated from Ukraine via bus thanks to Italian outfit Zebre, almost matching the number of visas distributed by the UK so far

Wales Online

Food prices could rise within days if Russia cuts off gas, says expert

She said the next few days were 'critical'

Reuters

Russian families fall out over clashing views of war in Ukraine

When Russian actor Jean-Michel Scherbak wrote on social media that he was ashamed his country had started a war in Ukraine, his mother, a longtime supporter of Russian President Vladimir Putin, blocked him online.

Al Jazeera

Zelenskyy: Western nations share ‘responsibility’ for casualties

Ukraine’s president is increasingly frustrated by what he sees as a lack of action to counter Russian aggression.

The Independent UK

Russian forces ‘break ceasefire in attack on civilian evacuation route in Mariupol’, Ukraine claims

Residents have been trying to flee shelling as Russia lays siege to the southern city

Benzinga

Russia Impact - London Metal Exchange Suspends Nickel Trading After 250% Price Spike

The London Metal Exchange (LME) halted Nickel trading on Tuesday after prices doubled to a record $100,000 per tonne, fuelled by a race to cover short positions after Western sanctions threatened supply from major producer Russia,

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