The Japan Times - Putin lays out conditions as Russians shell Ukrainian city

EUR -
AED 4.092159
AFN 72.41732
ALL 90.537215
AMD 401.457514
ANG 1.994011
AOA 1021.635888
ARS 1721.83908
AUD 1.623115
AWG 2.005391
AZN 1.898404
BAM 1.950009
BBD 2.243637
BDT 138.747943
BGN 1.94727
BHD 0.420408
BIF 3353.459968
BMD 1.114106
BND 1.427557
BOB 13.362914
BRL 6.138619
BSD 1.113992
BTN 104.56849
BWP 15.346457
BYN 3.336217
BYR 21836.483512
BZD 2.240526
CAD 1.573614
CDF 2584.727023
CHF 0.913907
CLF 0.027674
CLP 1089.184185
CNY 7.438335
CNH 7.434488
COP 3622.427511
CRC 505.208689
CUC 1.114106
CUP 26.737395
CVE 110.746505
CZK 24.329412
DJF 197.99941
DKK 7.475086
DOP 67.682396
DZD 151.946674
EGP 59.965439
ERN 16.711595
ETB 182.843775
FJD 2.524124
FKP 0.826281
GBP 0.83446
GEL 2.902292
GGP 0.826281
GHS 13.018377
GIP 0.826281
GMD 83.00521
GNF 9868.200854
GTQ 8.512719
GYD 233.546888
HKD 8.733997
HNL 29.942093
HRK 7.541397
HTG 146.006216
HUF 363.24365
IDR 20178.581925
ILS 3.549465
IMP 0.826281
INR 104.804147
IQD 1688.897966
IRR 2107168.296326
ISK 136.801543
JEP 0.826281
JMD 176.79495
JOD 0.789945
JPY 176.583068
KES 144.778542
KGS 97.42615
KHR 4545.554101
KMF 492.435375
KPW 1002.695628
KRW 1519.769162
KWD 0.346465
KYD 0.928505
KZT 499.343929
LAK 25072.962707
LBP 99768.219701
LKR 370.443199
LRD 189.736506
LSL 18.450025
LTL 3.289667
LVL 0.673912
LYD 7.164128
MAD 10.870897
MDL 19.913202
MGA 5062.148064
MKD 61.572204
MMK 2339.570801
MNT 4012.979985
MOP 8.993097
MRU 44.843201
MUR 52.396841
MVR 17.161402
MWK 1935.20303
MXN 20.761153
MYR 4.522201
MZN 71.195547
NAD 18.45002
NGN 1500.980135
NIO 40.998242
NOK 10.548821
NPR 167.309384
NZD 2.010633
OMR 0.428375
PAB 1.114066
PEN 3.835315
PGK 5.076877
PHP 70.298441
PKR 308.089797
PLN 4.391891
PYG 6962.479004
QAR 4.071615
RON 5.339025
RSD 117.620701
RUB 91.358747
RWF 1644.327333
SAR 4.183129
SBD 8.970469
SCR 15.617635
SDG 670.139036
SEK 11.028817
SGD 1.429616
SHP 0.830617
SLE 25.524589
SLL 23362.256992
SOS 636.715831
SRD 41.872019
STD 23059.751072
STN 24.427455
SVC 9.747053
SYP 14485.609783
SZL 18.450012
THB 37.409504
TJS 10.276657
TMT 3.910513
TND 3.326169
TOP 2.6825
TRY 55.877003
TTD 7.554564
TWD 36.559625
TZS 2944.029945
UAH 50.465673
UGX 4556.488485
USD 1.114106
UYU 44.816902
UZS 13292.52356
VES 995.753717
VND 28501.624462
VUV 133.150589
WST 3.095561
XAF 655.957
XAG 0.021446
XAU 0.00027400717
XCD 3.010928
XCG 2.007593
XDR 0.787731
XOF 655.957
XPF 119.331742
YER 263.124097
ZAR 18.444257
ZMK 10028.297636
ZMW 22.637194
ZWL 358.741775
SSP 6400.759238
MXV 2.335711
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Putin lays out conditions as Russians shell Ukrainian city
Putin lays out conditions as Russians shell Ukrainian city

Putin lays out conditions as Russians shell Ukrainian city

Russian President Vladmir Putin on Monday levelled conditions on ending Moscow's offensive against Ukraine as Russian forces shelled the country's second city in the face of sweeping Western sanctions.

Text size:

The Russian attacks on Kharkiv killed at least 11 people, Ukrainian officials said. Kyiv says more than 350 civilians, including 14 children, have been killed since the invasion began on Thursday. The United Nations said more than half a million people have fled the country.

Russian and Ukrainian negotiators on Monday met for the first time since Moscow launched its full-scale invasion with Ukraine demanding a ceasefire and the withdrawal of Russian troops. The talks ended with both sides agreeing to continue a second-round of negotiations "soon".

In a lengthy telephone call, Putin told French President Emmanuel Macron that "the demilitarisation and denazification" of Ukraine and Western recognition of Russian sovereignty over the Crimean peninsula were prerequisites to ending fighting in Ukraine, the Kremlin said.

"The Russian enemy is bombing residential areas of Kharkiv, where there is no critical infrastructure, where there are no positions of the armed forces," said Oleg Sinegubov, the governor of the region that includes Kharkiv.

An AFP photographer in the city inspected damage caused by fighting on Sunday, finding a destroyed school, as well as several burned out Russian infantry vehicles.

Russian corpses in army fatigues could also be seen in the streets.

British Prime Minister Boris Johnson condemned what he called "the barbaric air strikes being carried out by Russia against innocent civilians, including children".

Earlier on Monday, the Russian army urged Ukrainians to leave Kyiv "freely" on one highway out ahead of what is an expected Russian offensive to capture the capital.

- Financial pain -

Long queues for groceries snaked through the streets of Kyiv on Monday after a strict 36-hour military curfew was lifted and volunteer militias learned how to make home-made explosives.

"We will greet them with Molotov cocktails and bullets to the head," bank employee Viktor Rudnichenko told AFP. "The only flowers they might get from us will be for their grave."

The Russian ruble crashed to a record low as sanctions imposed by the West over the weekend had an immediate impact in Moscow, forcing the central bank to more than double its key interest rate to 20 percent.

"Ninety percent of Russians are going to rush to withdraw their rubles and change them into dollars, property or even gold," predicted 51-year-old retired soldier Edward Sysoyev, who was in line to take out cash from a Moscow bank. "It'll be ordinary people who pay for this military bun-fight."

As Russia becomes increasingly isolated on the world stage, it faced a crucial test of support Monday as the 193 members of the UN General Assembly held an extraordinary debate on a resolution condemning Moscow's "unprovoked armed aggression" in Ukraine.

During the rare emergency special session -- just the 11th the Assembly has held in the United Nations' 77-year history -- Russia defended its decision to invade as member state after member state made a plea for peace.

"The fighting in Ukraine must stop," warned UN Secretary-General Antonio Guterres, after the session began with a minute of silence for the victims.

"Enough is enough. Soldiers need to move back to their barracks. Leaders need to move to peace. Civilians must be protected."

Separately the United States said it had banned all US transactions with Russia's central bank, while traditionally neutral Switzerland said it would adopt the same measures as the EU.

The economic pain is intended to change Putin's calculations, but the roughly 100,000 Russian troops thought to be inside Ukraine continue to move forward from positions in the north, east and south on Monday.

"The Western sanctions on Russia are hard, but our country has the necessary potential to compensate the damage," insisted Kremlin spokesman Dmitry Peskov.

Putin, who put his nuclear forces on alert on Sunday, banned foreign currency transfers outside of Russia and ordered exporters to exchange their foreign reserves for the ruble in moves to support the currency.

There were more signs of rare dissent on Monday among the usually ultra-loyal oligarchs who surround the Russian leader -- in addition to anti-war demonstrations that saw an estimated 2,100 people arrested on Sunday.

- Russian advances -

"It is necessary to change the economic policy, it is necessary to end all this state capitalism," tycoon Oleg Deripaska wrote on Telegram while criticising "fantasists" in charge.

Western defence officials and the Kyiv government say Ukrainian troops have so far kept the country's major cities out of Russian hands despite incursions in the capital and Kharkiv over the weekend.

The small southern city of Berdyansk has been occupied, however, Ukrainian officials said.

Moscow claimed it had "gained air superiority over the entire territory of Ukraine", while accusing Ukrainian troops of using civilians as human shields.

"You don't conquer a country in two days," said Olivier Kempf, a security analyst at the Foundation for Strategic Research think tank, warning against Western optimism about Russia's slower-than-expected progress so far.

"There have been difficulties, yes, that's war. They perhaps have logistical problems, but no matter what anyone says, they are still advancing," he told AFP.

The talks on the Belarus-Ukraine border were led by Ukraine's defence minister and Russian presidential adviser Vladimir Medinsky.

Kyiv had been initially reluctant to send a delegation to Belarus, given the country's role in facilitating Russia's attack on Ukraine by hosting troops and weaponry used for the invasion.

"We agreed to keep the negotiations going," Medinsky said at the end of the talks.

- Financial hit -

The weekend featured a momentous series of announcements from Europe, with Germany unveiling a historic change to its defence policies, and the EU saying it would buy and supply arms to Ukraine, the first such move in its history.

Fresh sanctions announced over the weekend on Russia's economy are intended to cut it off from the global financial system in the way that Iran, Venezuela or North Korea have been frozen out of international trade.

The Moscow Stock Market was closed Monday to prevent an expected mass sell-off.

Many Russian banks have been excluded from the SWIFT bank system, which is used to settle international trade, and the Russian central bank has seen its foreign assets held in Western countries frozen.

burs-adp/jm/dl

M.Ito--JT