Russian forces moved to the outskirts of Ukraine's capital as US officials warned that President Vladimir Putin may be intent on installing a new, more friendly government
The weakening in the rouble after the invasion of Ukraine is expected to dent living standards in Russia and to stoke inflation that is already close to 9%
Spot gold XAU= rose 0.7% to $1,916.10 per ounce by 0645 GMT, after hitting its highest since September 2020 at $1,973.96 on Thursday
Bilateral payments with Russia may not be impacted even as the US and other western countries have imposed economic sanctions on Moscow in the wake of the attack on on Ukraine. India and Russia bilateral payments are made in Indian rupee. For both imports and exports, payments are made or received in the rupee for shipments. So, sanctions by the West may not have an impact on the payments, barring exchange rate fluctuation, sources said on Friday. Russia is one of biggest suppliers of defence products and equipment to India mostly under government-to-government contract. Bilateral trade between India and Russia stood at USD 9.4 billion so far this fiscal year, against USD 8.1 billion in 2020-21. India's main imports from Russia include fuels, mineral oils, pearls, precious or semi-precious stones, nuclear reactors, boilers, machinery and mechanical appliances; electrical machinery and equipment and fertilisers. While major export items from India to Russia include pharmaceutical .
The Ukrainian president says Kiev has been left to fend for itself as NATO is "afraid" to give it any guarantees, RT reported.
Biden reiterated that no US forces will be sent into Ukraine
The Ukrainian Defence Ministry has said its armed forces have inflicted some 800 casualties on Russian forces since the military operations began on Thursday.
Pakistan Prime Minister Imran Khan's Russia visit is facing heavy backlash from Pakistani media who noted that the visit is to soothe his "hurt ego", a media report said.
The Russian invasion of Ukraine caused a barrage of new financial sanctions Thursday
Ukraine, Russia may only account for a small proportion of imports of major manufacturing nations like Germany and US, but are essential suppliers of raw materials and energy for many supply chains.
Russia pressed its invasion of Ukraine to outskirts of capital Friday after unleashing airstrikes on cities and military bases in an attack that could rewrite the global post-Cold War security order.
$20 mn in UN humanitarian funds for Ukraine. A raft of new, stronger sanctions against Russia from Japan, Australia, Taiwan and others. And a cascade of condemnation from the highest levels.
After attacking Ukrainian government websites and banks with massive cyber attacks, Russia-sponsored hackers are now hitting Internet infrastructure in the country to silence the locals amid a war.
They claim to show Russian fighter jets being shot down or Ukrainians dodging for cover in their own homes.
Biden is confronted with the outbreak of the worst fighting in Europe since World War II
The Russian president's intentions have been crystal clear since his rambling speech on February 21 in which he talked of Russia's "empire"
Ultimately, the use of "empire" as an ideology reveals Russia's yearning for - or sense of entitlement to - a third imperial regime.
As Russia's full-scale attack on Ukraine triggered widespread condemnation and fears of a wider conflict, India has been in touch with all parties concerned
Frederiksen also pledged humanitarian assistance to Ukraine and its neighbours
Russia's rouble tumbled overnight, falling to a record low of 89.986 per dollar, before recovering a little