Zürcher Nachrichten - Putin threatens Ukraine 'statehood' as Moscow sanctions tighten

EUR -
AED 4.328618
AFN 81.316193
ALL 96.423231
AMD 450.880628
ANG 2.109981
AOA 1080.679385
ARS 1737.380476
AUD 1.781036
AWG 1.657259
AZN 2.002246
BAM 1.948179
BBD 2.374721
BDT 143.492961
BGN 1.9556
BHD 0.444385
BIF 3467.721807
BMD 1.178495
BND 1.508008
BOB 8.1472
BRL 6.245666
BSD 1.179093
BTN 103.828296
BWP 16.772533
BYN 3.994193
BYR 23098.503797
BZD 2.371344
CAD 1.626258
CDF 3328.069946
CHF 0.933955
CLF 0.028746
CLP 1127.713725
CNY 8.383102
CNH 8.378682
COP 4588.458854
CRC 594.078668
CUC 1.178495
CUP 31.23012
CVE 110.631254
CZK 24.285128
DJF 209.442546
DKK 7.463174
DOP 73.361213
DZD 152.500812
EGP 56.800048
ERN 17.677426
ETB 170.106938
FJD 2.647784
FKP 0.862633
GBP 0.8695
GEL 3.179877
GGP 0.862633
GHS 14.460173
GIP 0.862633
GMD 87.208724
GNF 10206.945481
GTQ 9.031709
GYD 246.638366
HKD 9.165628
HNL 30.900259
HRK 7.533054
HTG 154.27717
HUF 389.292627
IDR 19536.030984
ILS 3.942202
IMP 0.862633
INR 103.897719
IQD 1544.564694
IRR 49570.460957
ISK 143.198739
JEP 0.862633
JMD 189.189947
JOD 0.835584
JPY 174.321835
KES 152.616011
KGS 103.059543
KHR 4722.229894
KMF 492.610662
KPW 1060.624167
KRW 1635.75096
KWD 0.359771
KYD 0.982565
KZT 637.887488
LAK 25528.357579
LBP 105585.976254
LKR 356.166786
LRD 208.696301
LSL 20.434155
LTL 3.479789
LVL 0.71286
LYD 6.35829
MAD 10.586668
MDL 19.495903
MGA 5181.77447
MKD 61.291288
MMK 2474.144653
MNT 4239.855139
MOP 9.445572
MRU 47.079838
MUR 53.338918
MVR 18.030377
MWK 2044.52846
MXN 21.61937
MYR 4.945
MZN 75.318107
NAD 20.434155
NGN 1761.237057
NIO 43.390454
NOK 11.648905
NPR 166.124876
NZD 2.003719
OMR 0.453131
PAB 1.179098
PEN 4.098286
PGK 5.002517
PHP 67.380501
PKR 334.588593
PLN 4.259551
PYG 8395.231687
QAR 4.2994
RON 5.067888
RSD 117.164745
RUB 98.111791
RWF 1709.029308
SAR 4.4201
SBD 9.683771
SCR 17.938499
SDG 708.85204
SEK 11.030809
SGD 1.511149
SHP 0.926112
SLE 27.470674
SLL 24712.457143
SOS 673.8669
SRD 44.943678
STD 24392.469025
STN 24.40464
SVC 10.316819
SYP 15322.547604
SZL 20.427182
THB 37.632907
TJS 11.053901
TMT 4.136518
TND 3.412566
TOP 2.76015
TRY 48.673148
TTD 7.998745
TWD 35.494505
TZS 2916.77472
UAH 48.653209
UGX 4128.849219
USD 1.178495
UYU 47.155542
UZS 14448.482007
VES 192.616591
VND 31094.592994
VUV 139.635259
WST 3.120069
XAF 653.403858
XAG 0.028206
XAU 0.000324
XCD 3.184942
XCG 2.124997
XDR 0.812985
XOF 653.417666
XPF 119.331742
YER 282.308271
ZAR 20.434822
ZMK 10607.871329
ZMW 27.785547
ZWL 379.474939
  • RBGPF

    -0.6700

    76.6

    -0.87%

  • CMSC

    -0.0900

    24.33

    -0.37%

  • RYCEF

    0.0700

    15.32

    +0.46%

  • NGG

    -1.1600

    69.99

    -1.66%

  • BTI

    -1.1100

    54.92

    -2.02%

  • AZN

    -0.6200

    77.07

    -0.8%

  • GSK

    -0.0600

    40.3

    -0.15%

  • RIO

    -1.0100

    61.98

    -1.63%

  • VOD

    -0.2300

    11.43

    -2.01%

  • SCS

    0.2500

    16.98

    +1.47%

  • RELX

    0.5200

    47.61

    +1.09%

  • CMSD

    0.0300

    24.55

    +0.12%

  • JRI

    -0.0200

    13.83

    -0.14%

  • BP

    0.2600

    34.56

    +0.75%

  • BCC

    1.0600

    81.52

    +1.3%

  • BCE

    -0.3900

    23.1

    -1.69%

Putin threatens Ukraine 'statehood' as Moscow sanctions tighten
Putin threatens Ukraine 'statehood' as Moscow sanctions tighten

Putin threatens Ukraine 'statehood' as Moscow sanctions tighten

Russian President Vladimir Putin has threatened the existence of Ukrainian statehood as his army's invasion of the neighbour faces stiff resistance and his economy is increasingly asphyxiated by sanctions.

Text size:

In the latest efforts to freeze Moscow out of the world economy, US-based card payment giants Visa and Mastercard announced they will suspend operations in Russia, while world leaders vowed to act over the intensifying onslaught.

"The current (Ukrainian) authorities must understand that if they continue to do what they are doing, they are putting in question the future of Ukrainian statehood," Putin said on Saturday.

"And if this happens, they will be fully responsible."

Since Russia's invasion 10 days ago, the economic and humanitarian toll of the war has spiralled, sending more than one million people fleeing Ukraine. Officials have reported hundreds of civilians killed.

Kyiv has urged the West to boost military assistance to the besieged country, including warplanes, with President Volodymyr Zelensky pleading for Eastern European neighbours to provide Russian-made planes that his citizens are trained to fly.

Putin meanwhile escalated warnings against NATO, threatening a wider war if a no-fly zone is set up, as his forces resumed their offensive against a key Ukrainian city where security fears stalled a planned evacuation.

While Zelensky criticized NATO for ruling out the no-fly zone, Putin spoke of "colossal and catastrophic consequences not only for Europe but also the whole world" if such a step was taken.

"Any movement in this direction will be considered by us as participation in an armed conflict by that country," Putin said.

He also dismissed rumours that the Kremlin was planning to declare martial law in Russia.

- Cards cut -

Visa and Mastercard both announced they will suspend operations in Russia, the latest major American firms to join the business freeze-out of Moscow.

Mastercard said it made the decision over the "unprecedented nature of the current conflict and the uncertain economic environment".

Visa meanwhile said that "effective immediately" it would "work with its clients and partners within Russia to cease all Visa transactions over the coming days".

Major corporations across a range of industries have halted business in Russia since the invasion, including US-based tech firms such as Intel and Airbnb to French luxury giants LVMH, Hermes and Chanel.

Visa and Mastercard had already announced that they were complying with US and international sanctions imposed on Russia in the wake of its attack.

However, Russia's major banks -- including its largest lender Sberbank and the Russia Central Bank -- downplayed the effects that the cards' suspensions would have on their clients.

The war has already had serious global economic impacts, with the IMF warning that its effects would be "all the more devastating" should the conflict escalate.

Russia's business and other contacts with the West have been steadily cut. Moscow has suspended all flights by flagship carrier Aeroflot, effective Tuesday.

- Frenzied diplomacy -

As frantic, top-level diplomatic talks continued, President Zelensky announced on Sunday that he spoke by phone with his US counterpart Joe Biden to discuss financial support and sanctions against Russia.

"As part of the constant dialogue, I had another conversation with @POTUS," Zelensky tweeted. "The agenda included the issues of security, financial support for Ukraine and the continuation of sanctions against Russia."

Hours earlier, the Ukrainian leader had addressed US lawmakers by video call, pleading for further funding and an embargo on Russian oil imports.

The American legislators promised an additional $10 billion aid package, but the White House has so far ruled out an oil ban, fearing it would ratchet up prices and hurt US consumers already stung by record inflation.

Weapons, ammunition and funds have poured into Ukraine from Western allies as they seek to bolster Kyiv against Moscow's invasion.

Washington last week authorised $350 million of military equipment -- the largest such package in US history.

While visiting Ukrainian refugees on the Polish border over the weekend, US Secretary of State Antony Blinken said Washington was seeking $2.75 billion for the unfurling humanitarian crisis as nearly 1.4 million civilians have fled.

Israeli Prime Minister Naftali Bennett made a surprise visit to the Kremlin Saturday for three hours of talks -- Putin's first face-to-face meeting with a foreign leader since the invasion began.

The Israeli leader later spoke with Zelensky.

Kyiv had asked Israel -- which has strong relations with both Russia and Ukraine -- to launch a dialogue with Moscow.

Meanwhile, British Prime Minister Boris Johnson's office said he is to launch an international "plan of action" to ensure Russia's invasion of Ukraine fails, including a flurry of diplomatic meetings next week.

- Scenes of devastation -

On the ground, the strategic city of Mariupol on the Azoz Sea has for days been under siege and without electricity, food and water.

After Russia declared a ceasefire to open a humanitarian corridor, city officials said the population of 450,000 could begin to leave by bus and private cars.

But the officials then delayed the evacuation, saying, "The Russian side does not adhere to the ceasefire and has continued shelling both Mariupol itself and its environs".

A Russian Defence Ministry spokesman later announced the assault was back on, citing "the unwillingness of the Ukrainian side to... extend the ceasefire".

The siege came as Russian forces inched closer to the capital Kyiv in an assault that has become ever-more indiscriminate -- and deadly.

Working-class towns such as Bucha and Irpin are in the line of fire, and air raids Friday broke many people's resolve to stay.

"They are bombing residential areas -- schools, churches, big buildings, everything," said accountant Natalia Dydenko, glancing back at the destruction she was leaving behind.

Dozens of civilians have been killed in the northern town of Chernihiv. Those remaining live in craters or among ruins.

"There were corpses all over the ground," a man who gave his name only as Sergei told AFP, as air raid sirens wailed. "They were queueing here for the pharmacy that's just there, and they're all dead."

A defiant Zelensky said Saturday that Ukrainian forces were counterattacking around Kharkiv, the country's second-largest city, inflicting "such losses on the invaders that they have not seen even in their worst dream".

Foreign Minister Dmytro Kuleba was equally defiant, saying, "Ukraine is bleeding, but Ukraine has not fallen, and stands both feet on the ground... The myth of the unbeatable and almighty Russian army is already ruined."

burs-je/lb

W.Vogt--NZN