Berliner Boersenzeitung - West vows more arms, sanctions over new Russian offensive

EUR -
AED 4.281785
AFN 73.452334
ALL 95.429651
AMD 429.262728
ANG 2.087503
AOA 1070.299611
ARS 1646.071042
AUD 1.619085
AWG 2.098626
AZN 1.986664
BAM 1.958695
BBD 2.348401
BDT 143.127251
BGN 1.946965
BHD 0.439866
BIF 3469.728069
BMD 1.165903
BND 1.490102
BOB 8.056908
BRL 5.872776
BSD 1.165988
BTN 110.713639
BWP 15.645124
BYN 3.194922
BYR 22851.703681
BZD 2.345166
CAD 1.609005
CDF 2648.932604
CHF 0.910709
CLF 0.026367
CLP 1037.712648
CNY 7.88891
CNH 7.886595
COP 4305.843925
CRC 527.063197
CUC 1.165903
CUP 30.896436
CVE 110.615118
CZK 24.279007
DJF 207.204784
DKK 7.47393
DOP 68.019254
DZD 154.808958
EGP 61.006856
ERN 17.488549
ETB 184.21313
FJD 2.590409
FKP 0.865202
GBP 0.866681
GEL 3.113417
GGP 0.865202
GHS 13.688159
GIP 0.865202
GMD 84.532475
GNF 10236.630941
GTQ 8.894108
GYD 243.930539
HKD 9.137126
HNL 30.978502
HRK 7.532439
HTG 152.69569
HUF 353.842897
IDR 20780.651445
ILS 3.267036
IMP 0.865202
INR 110.773055
IQD 1527.333256
IRR 1575193.585016
ISK 143.359913
JEP 0.865202
JMD 183.645923
JOD 0.826672
JPY 185.738927
KES 150.879988
KGS 101.958687
KHR 4675.272437
KMF 492.011579
KPW 1049.144158
KRW 1757.552959
KWD 0.360778
KYD 0.971736
KZT 568.169776
LAK 25594.495481
LBP 104406.636357
LKR 384.788732
LRD 213.506078
LSL 18.934713
LTL 3.44261
LVL 0.705244
LYD 7.403929
MAD 10.707364
MDL 20.177824
MGA 4885.135018
MKD 61.616675
MMK 2448.448944
MNT 4174.360155
MOP 9.409465
MRU 46.636533
MUR 55.229278
MVR 17.959269
MWK 2025.174346
MXN 20.234022
MYR 4.629223
MZN 74.507092
NAD 18.934708
NGN 1599.273829
NIO 42.637521
NOK 10.78869
NPR 177.141822
NZD 1.949182
OMR 0.449196
PAB 1.166023
PEN 3.963493
PGK 5.077554
PHP 71.672781
PKR 324.762787
PLN 4.231005
PYG 7015.36898
QAR 4.245098
RON 5.251349
RSD 117.38435
RUB 82.95033
RWF 1705.133502
SAR 4.398141
SBD 9.365071
SCR 15.814297
SDG 700.129187
SEK 10.790487
SGD 1.48863
SHP 0.870465
SLE 28.685495
SLL 24448.410635
SOS 666.317977
SRD 43.337211
STD 24131.843306
STN 24.95033
SVC 10.202905
SYP 128.869732
SZL 18.934699
THB 37.979343
TJS 10.762507
TMT 4.080661
TND 3.374168
TOP 2.807215
TRY 53.459583
TTD 7.920707
TWD 36.640613
TZS 3065.839407
UAH 51.641442
UGX 4395.364568
USD 1.165903
UYU 46.767721
UZS 14017.076029
VES 639.713683
VND 30677.82924
VUV 137.641842
WST 3.165657
XAF 656.927964
XAG 0.015488
XAU 0.000257
XCD 3.150912
XCG 2.101443
XDR 0.815557
XOF 655.824767
XPF 119.331742
YER 278.188699
ZAR 19.000364
ZMK 10494.532504
ZMW 21.432678
ZWL 375.42037
  • CMSD

    0.0400

    22.93

    +0.17%

  • CMSC

    -0.1000

    22.74

    -0.44%

  • BCC

    -0.6300

    69.72

    -0.9%

  • BCE

    0.2000

    25.11

    +0.8%

  • BTI

    -1.1300

    61.79

    -1.83%

  • AZN

    0.3400

    185.67

    +0.18%

  • NGG

    -1.1562

    81.53

    -1.42%

  • RIO

    -0.0800

    106.39

    -0.08%

  • GSK

    -0.7000

    50.54

    -1.39%

  • JRI

    0.0600

    12.92

    +0.46%

  • RBGPF

    -0.0100

    63.54

    -0.02%

  • RYCEF

    0.7000

    18

    +3.89%

  • BP

    0.2800

    41.87

    +0.67%

  • VOD

    0.0300

    14.96

    +0.2%

  • RELX

    -0.3100

    32.79

    -0.95%

West vows more arms, sanctions over new Russian offensive

West vows more arms, sanctions over new Russian offensive

Western allies on Tuesday pledged more military supplies and sanctions to assist Ukraine as its troops battle against Russian forces intensifying their offensive in the east of the country.

Text size:

Ukraine's armed forces said fighting had increased throughout Donbas, and the ministry of defence reported heavy clashes including near the town of Marinka in the Donetsk region.

Responding to the new Russian push, the United States and European Union agreed to increase "Moscow's international isolation", during a virtual meeting between US President Joe Biden and European leaders on Tuesday.

"We will further tighten our sanctions against Russia and step up financial and security assistance for Ukraine," European Commission chief Ursula von der Leyen wrote on Twitter.

Russia's defence ministry said that "high-precision air-based missiles" had hit 13 Ukrainian positions in parts of Donbas while other air strikes "hit 60 military assets", including in towns close to the eastern frontline.

Biden suggested Tuesday to reporters that the United States would send more artillery -- as the latest $800 million US aid package starts to arrive in Ukraine, including 18 howitzers, 40,000 artillery rounds, 200 armored personnel carriers and 11 helicopters.

"We will continue to provide them more ammunition as we will provide them more military assistance," White House spokeswoman Jen Psaki said in response to fears that Ukraine was running low.

- More aircraft -

The Pentagon said Tuesday that Ukraine had also recently received fighter planes and aircraft parts to bolster its air force, declining to specify the number of aircraft and their origin.

Ukrainian forces "have available to them more fixed-wing fighter aircraft than they did two weeks ago," Pentagon spokesman John Kirby told reporters.

Kyiv has asked its Western partners to provide MiG-29s that its pilots already know how to fly, and which a handful of Eastern European countries have.

On Tuesday evening, the Ukrainian defence ministry reported its troops had beaten back a Russian attack in the city of Izium, south of the partly blockaded second city of Kharkiv.

It also claimed enemy losses in a Ukrainian counter-attack near the town of Marinka in Donetsk.

In the eastern town of Novodruzhesk, resident Nadya, 65, said "we are bombed everywhere".

"It's a miracle that we're still alive," she said, her voice trembling. "We were lying on the ground and waiting. Since February 24 we've been sleeping in the cellar."

Control of Donbas and the besieged southern port of Mariupol would allow Moscow to create a southern corridor to the Crimean peninsula that it annexed in 2014, and deprive Ukraine of much of its coastline and a major revenue resource.

In its relentless battle to capture Mariupol, Moscow issued a fresh call for the city's defenders to surrender and announced the opening of a humanitarian corridor for any Ukrainian troops who agreed to lay down their arms.

But during an interview broadcast on CNN Tuesday, Pavlo Kyrylenko -- who oversees the Donetsk region's military administration -- said Mariupol remained contested.

"The Ukrainian flag is flying over the city," he said.

- Heavy fighting -

President Vladimir Putin has said he launched the so-called military operation in Ukraine in February to save Russian speakers in the country from a "genocide" carried out by a "neo-Nazi" regime.

British Prime Minister Boris Johnson said Moscow's new advance on the east after failing to take the capital Kyiv "underscored the critical need for further military support," his spokesperson said.

The regional governor of the eastern Lugansk region Sergiy Gaiday said Ukrainian forces continued to hold their ground amid heavy fighting.

"We have positional battles in the cities of Rubizhne and Popasna. The enemy cannot do anything though. They are losing people and equipment there," Gaiday said.

"Our guys are shooting down drones there. Shooting down planes on the border of the Lugansk and Kharkiv regions, so they are holding on," he added.

UN Secretary-General Antonio Guterres denounced Russia's ongoing offensive as he issued calls for a four-day truce to mark Orthodox Holy Week.

"Instead of a celebration of new life, this Easter coincides with a Russian offensive in eastern Ukraine," Guterres told reporters.

As fighting raged, the International Monetary Fund (IMF) published a grim forecast for the warring nations, while also predicting the conflict would drag down the global economy -- hitting poorest nations the hardest.

The report predicted Ukraine would suffer a 35 percent collapse of its economy this year, while Russia's GDP would drop 8.5 percent -- more than 11 points below the pre-war expectations.

burs-bfm/bgs/sw

(K.Müller--BBZ)