Berliner Boersenzeitung - Russia demands Ukraine surrender as NATO readies for Finland, Sweden membership

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.833961
GBP 0.834166
GEL 2.893653
GGP 0.833961
GHS 13.055243
GIP 0.833961
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.644798
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Russia demands Ukraine surrender as NATO readies for Finland, Sweden membership

Russia demands Ukraine surrender as NATO readies for Finland, Sweden membership

Western allies vowed on Tuesday to boost NATO's defences and to back Ukraine to the end as Moscow demanded Kyiv's surrender.

Text size:

As NATO leaders gathered in Madrid for a summit, alliance chief Jens Stoltenberg said Finland and Sweden would be formally invited to join NATO after Turkey lifted its block on their bids.

Turkish President Recep Tayyip Erdogan had stubbornly refused to approve their applications -- lodged in response to Russia's war on Ukraine -- despite calls from his NATO allies to clear their path to membership.

But he abandoned his opposition following crunch talks on Tuesday with the leaders of the two Nordic countries in Madrid.

Erdogan's office said late on Tuesday it had agreed to back their applications, saying Ankara had "got what it wanted".

British Prime Minister Boris Johnson hailed the agreement between Finland, Sweden and Turkey, saying their membership would make the defence alliance "stronger and safer".

Meanwhile, a senior US official said their membership would be a "powerful shot in the arm" for NATO unity.

NATO's expansion came as Russian missiles continued to pound Ukrainian cities.

US National Security Advisor Jake Sullivan told reporters arriving with President Joe Biden that Washington will announce "historic" new long-term military deployments in Europe.

The reinforcements will join NATO's eastern flank, Russia's nervous neighbours like the Baltic states, and reflect a long-term change "in the strategic reality" elsewhere in Europe.

Ahead of the summit, Stoltenberg said the allies would boost their high-readiness forces from 40,000 to 300,000.

- New sanctions -

Before travelling to Madrid, Biden and other leaders of the G7 powers -- the world's richest democracies -- had held a summit in the German Alps.

Germany's Chancellor Olaf Scholz boasted afterwards that his country, a laggard in defence spending, would build "the largest conventional army within the NATO framework in Europe".

Russia's invasion, he said, had convinced Berlin "that we should spend more... an average of around 70 to 80 billion euros a year on defence over the next few years".

NATO member Bulgaria announced it would expel 70 staff from Russia's diplomatic mission accused of working against its interests.

At the G7 summit, the leaders agreed to impose new sanctions targeting Moscow's defence industry, raising tariffs and banning gold imports from the country.

The US Treasury said the measures "strike at the heart of Russia's ability to develop and deploy weapons and technology used for Vladimir Putin's brutal war of aggression against Ukraine,"

The new set of sanctions target Rostec, Russia's largest defence conglomerate, as well as military units and officers implicated in human rights abuses in Ukraine, the Treasury said.

Putin's Kremlin was not fazed by the sanctions, warning that Ukraine's forces' only option was to lay down their arms.

"The Ukrainian side can stop everything before the end of today," Kremlin spokesman Dmitry Peskov said.

"An order for the nationalist units to lay down their arms is necessary," he said, adding Kyiv had to fulfil a list of Moscow's demands.

- 'Everything burned' -

Ukrainian President Volodymyr Zelensky called for the United Nations to visit the site of a missile strike on a shopping mall in the central city of Kremenchuk, as he addressed the UN Security Council on Tuesday.

"I suggest the United Nations send either a special representative, or the secretary-general of the United Nations, or a plenipotentiary commission to the site of this terrorist act... so the UN could independently find out information and see that this indeed was a Russian missile strike," Zelensky said of the attack on Monday that killed at least 18 people.

"Everything burned, really everything, like a spark to a touchpaper. I heard people screaming. It was horror," witness Polina Puchintseva told AFP.

All that was left of the mall was charred debris, chunks of blackened walls and lettering from a smashed store front.

Russia claims its missile salvo was aimed at an arms depot -- but none of the civilians who talked to AFP knew of any weapons store in the neighbourhood.

And, outside Russia, the latest carnage sparked only Ukrainian fury and western solidarity.

"Indiscriminate attacks on innocent civilians constitute a war crime," the G7 leaders said in a statement, condemning the "abominable attack".

Zelensky declared on his social media channels: "Only total insane terrorists, who should have no place on Earth, can strike missiles at civilian objects.

"Russia must be recognised as a state sponsor of terrorism. The world can and therefore must stop Russian terror," he added.

The G7 leaders did not go so far as to brand Putin a terrorist -- but they vowed that Russia, already under tough sanctions, would face more economic pain.

"The G7 stands united in its support for Ukraine," Scholz told reporters.

"We will continue to keep up and drive up the economic and political costs of this war for President Putin and his regime."

- Oil price cap? -

The G7 had announced several new measures to put the squeeze on Putin, including a plan to work towards a price cap on Russian oil.

The group also agreed to impose an import ban on Russian gold. At the same time, the G7 powers heaped financial support on Ukraine, with aid now reaching $29.5 billion.

Meanwhile, with fierce artillery duels continuing in the eastern Donbas region, Ukrainian officials said the central city of Dnipro and several other sites had been hit by more Russian missiles.

Pro-Moscow forces detained Igor Kolykhayev, the elected mayor of the southern Ukrainian city of Kherson.

Russian media said the "nationalist" was an opponent of Moscow's supposed efforts to "de-Nazify" Ukraine, but Kolykhayev's aides said he had been "kidnapped" by the city's illegitimate occupiers.

"Ukraine now faces a brutality which we haven't seen in Europe since the Second World War," Stoltenberg said as leaders began to gather in Madrid.

burs/spm/raz

(A.Berg--BBZ)