Russian forces have advanced to the outskirts of Kyiv, the capital of Ukraine. Saboteurs are already in the city, according to Ukrainian President Volodymyr Zelensky.
Russian Forces Advance: Russia’s special forces and airborne troops were on the outskirts of Kyiv, according to a report from The New York Times.
As per the assessment of U.S. officials, the goal of Russia’s President Vladimir Putin and his generals appears to be the replacement of Zelensky with a puppet regime, the Times reported.
Zelensky said 137 Ukrainians, both soldiers and civilians, had been killed in the conflict so far. He said Russian saboteurs had entered Kyiv and he was “target No 1” for Russian forces followed by his family, as per the Times.
Large Explosions Over Kyiv: A large explosion was seen over Kyiv on Friday morning (local Time), as per the Times. Fiery debris was reported to be descending by witnesses over parts of the city. Two surface to air missiles can be seen firing in the video before the explosion took place.
Twitter handle “Osint Ukraine” shared several videos of the explosions.
Explosions can be heard in Kiev. https://t.co/J8S7ijDWyU pic.twitter.com/hte27Y3U30
— OSINT UKRAINE (@OSINT_Ukraine) February 25, 2022
Incoming footage from Kiev pic.twitter.com/WRP4XQbtjM
— OSINT UKRAINE (@OSINT_Ukraine) February 25, 2022
Ukraine’s foreign minister Dmytro Kuleba tweeted that Kyiv was struck by “horrific Russian rocket strikes.”
Horrific Russian rocket strikes on Kyiv. Last time our capital experienced anything like this was in 1941 when it was attacked by Nazi Germany. Ukraine defeated that evil and will defeat this one. Stop Putin. Isolate Russia. Severe all ties. Kick Russia out of everywhete.
— Dmytro Kuleba (@DmytroKuleba) February 25, 2022
S&P 500 Futures and Nasdaq Futures traded 0.3% and 0.4% lower respectively at 4,270.75 and 13,914.25 at press time. On Thursday, SPDR S&P 500 ETF Trust SPY closed 1.5% higher at $428.30.
Taiwan Announces Sanctions: Taiwan’s President Tsai Ing-Wen condemned “Russia’s infringement on Ukranian sovereignty” in a tweet this week.
Taiwan condemns Russia’s infringement on Ukrainian sovereignty & encourages all parties involved to resolve their disputes rationally & peacefully. Meanwhile, we will take steps to bolster our military readiness & counter cognitive warfare while ensuring economic stability. pic.twitter.com/iZJC5TQlc0
— 蔡英文 Tsai Ing-wen (@iingwen) February 23, 2022
The foreign ministry of Taiwan said it will impose sanctions against Russia, as per a report from India’s ANI news agency.
“In order to compel Russia to halt its military aggression against Ukraine, and to restart peaceful dialogue among all parties concerned as soon as possible….Taiwan announces it will join international economic sanctions against Russia,” said the ministry, as per the report.
Japan has already announced plans to limit semiconductor exports to Russia and said it will freeze assets of some people and groups linked to the country and stop issuing visas to certain Russian individuals, according to the Times.
Notably, Taiwan is also a large semiconductor powerhouse. According to Taiwan’s Bureau of Foreign Trade, Taiwan’s exports to Russia amounted to $1.02 billion in 2020 with main export items being computers and relevant parts, flat-rolled stainless steel and auto parts.
Photo: Courtesy of Andriy155 via Wikimedia
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
