Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Ukraine's second city heavily bombed as U.N. assembly denounces Russia

Published 03/01/2022, 08:01 PM
Updated 03/02/2022, 07:31 PM
© Reuters. A civilian trains to throw Molotov cocktails to defend the city, as Russia's invasion of Ukraine continues, in Zhytomyr, Ukraine March 1, 2022.  REUTERS/Viacheslav Ratynskyi

KYIV/KHARKIV, Ukraine (Reuters) - Ukraine's second biggest city, Kharkiv, suffered heavy bombardment on Wednesday as Russia's week-long invasion was denounced by the United Nations in a historic vote and dozens of countries referred Moscow to be probed for potential war crimes.

The biggest attack on a European state since 1945 has caused over 870,000 people to flee, led to a barrage of economic measures against Russia, and stoked fears of wider conflict in the West unthought-of for decades.

The incursion has yet to overthrow the government in Kyiv but thousands are thought to have died or been injured and it could cause another deep hit to the global economy still emerging from the coronavirus pandemic.

For Russians, the fallout has included queues outside banks, a plunge in the value of the rouble, and an exodus of international firms. As sanctions have tightened, Russian billionaires are moving their superyachts and the owner of Chelsea sold the soccer club.

In Ukraine, the human toll was mounting in Kharkiv, a city of 1.5 million people, where bombing has left its centre a wasteland of ruined buildings and debris.

"The Russian 'liberators' have come," one Ukrainian volunteer lamented sarcastically, as he and three others strained to carry the dead body of a man wrapped in a bedsheet out of the ruins on a main square.

A U.N. resolution reprimanding Moscow was supported by 141 of the assembly's 193 members, passed in a rare emergency session, a symbolic victory for Ukraine that increases Moscow's international isolation.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"More is at stake even than the conflict in Ukraine itself. This is a threat to the security of Europe and the entire rules-based order," U.S. Secretary of State Antony Blinken told reporters after the vote.

An investigation into possible war crimes will immediately be opened by the International Criminal Court, following requests by 39 of the court's member states, an unprecedented number.

The body will start collecting evidence for "any past and present allegations of war crimes, crimes against humanity or genocide committed", prosecutor Karim Khan said in a statement.

No one at Russia's foreign ministry was available for comment when contacted out-of-hours.

Russia calls its actions in Ukraine a "special operation" that is not designed to occupy territory but to destroy its neighbour's military capabilities and capture what it regards as dangerous nationalists.

The Kremlin said its forces had taken the Black Sea port of Kherson, a southern provincial capital of around 250,000 people strategically placed where the Dnipro River flows into the Black Sea. Kyiv earlier denied this.

Late on Wednesday, Kherson Mayor Igor Kolykhayev said Russian troops were in the streets and had forced their way into the city council building.

An explosion also rocked the Kyiv railway station during the night, where thousands of women and children were being evacuated.

An interior ministry adviser said the blast was caused by wreckage from a downed Russian cruise missile, not a direct rocket strike. There were no immediate reports of casualties.

Diplomatic efforts to resolve the crisis have so far failed.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Russian Foreign Minister Sergei Lavrov said Moscow still sought Ukraine's "demilitarisation" and that there should be a list of specified weapons that could never be deployed on Ukrainian territory. Moscow opposes Kyiv's bid to join NATO.

A Ukrainian delegation had left for a second round of talks with Russian officials on a ceasefire after a first round made little progress on Monday, Ukrainian presidential adviser Mykhailo Podolyak told Reuters.

President Volodymyr Zelenskiy has said Russia must stop bombing if it wants to negotiate.

DISPUTED DEATH TOLL

The U.N. Human Rights Office said it had confirmed the deaths of 227 civilians and 525 injuries during the conflict as of midnight on March 1, mostly caused by "the use of explosive weapons with a wide impact area".

It cautioned that the real toll would be much higher due to reporting delays.

Russia's defence ministry said 498 Russian soldiers had died and another 1,597 had been wounded since the start of the invasion, the first time Moscow put a figure on its casualties. It said more than 2,870 Ukrainian soldiers and "nationalists" had been killed, Interfax news agency reported.

Ukraine said more than 7,000 Russian soldiers had been killed so far and hundreds taken prisoner.

The figures could not be independently verified.

After failing to swiftly take major cities and subdue Ukraine's military, U.S. officials have said they believe Russia will instead seek to encircle cities, cutting off supply and escape routes, then attacking with a combined force of armour, ground troops and engineers.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

At least 25 people have been killed by shelling and air strikes in Kharkiv in the past 24 hours, authorities said.

Pavel Dorogoy, 36, a photographer who lives near the city centre, said Russian forces had targeted the council building, which was empty at the time, a telephone exchange, and a television tower.

"The Russians cannot enter the town so they're just attacking us from afar," he said.

Moscow denies targeting civilians.

COMPANY EXODUS

Russia's main advance on the capital - a huge armoured column, stretching for miles along the road to Kyiv - has been largely frozen in place for days, Western governments say.

The Kremlin's decision to launch war - after months of denying such plans - has shocked Russians accustomed to viewing Putin, their ruler of 22 years, as a methodical strategist.

It has also prompted global firms such as Apple (NASDAQ:AAPL), Exxon (NYSE:XOM) and Boeing (NYSE:BA) to join an exodus from Russian markets.

SWIFT, the dominant messaging system underpinning global financial transactions, said seven Russian institutions would be excluded from March 12.

Russia's rouble currency plunged to a new record low on Wednesday, a slide that will hit Russians' living standards, and the stock market remained closed.

The central bank, itself under sanctions, has doubled interest rates to 20% and Fitch downgraded Russia's sovereign credit rating to 'junk' status.

Forbes reported that Germany had seized Russian billionaire Alisher Usmanov's mega yacht in a Hamburg shipyard, while at least five superyachts owned by billionaires were anchored or cruising in Maldives, an Indian Ocean island nation that does not have an extradition treaty with the United States, data showed.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Roman Abramovich said he would sell London's Chelsea Football Club after 19 years of ownership and donate the money to help the victims of the war.

"I believe this is in the best interest of the club," he said.

Latest comments

putin wants to restore the soviet empire as a fascist dictatorship. When he could not subdue Ukraine by other means, he invaded by force. The world including ordinary russians will make sure he fails
God Bless all the innocent Ukrainian victims being murdered, soldiers and civilians alike. US Democrats, the blood of every victim is on your hands! Biden and the fraudulent Dem party stealing the 2020 election gave Putin the green light for this invasion. This would not be taking place if Trump was in the Whitehouse, and if so, Ukraine would have been infinitely more prepared militarily!
Russian bot trying to inflame. Go away
putins stooge, trump would have aided and abetted in the invasion. Remember he called it genius when it all started
Kabuki theater
james pattison is a Russian troll....he spreads half truths lies and Russian propaganda. james I hear Russian tank commanders are giving up and handing over their tanks to the Ukrainians....my thanks to the Russian military for there "delivery".
I hate the governments of China, Russia, North Korea, Japan, and other autocratic anti-human leaderships and their abusive wanna-be leader billionaires including Trump for their past abusive, self-serving actions and current demeanor and I commend the governments of USA and Germany among others for their past actions and having corrected their mistakes and their current supportive demeanor.  --- Japan also invaded countries in Asia and has never made good on their mistakes, rewritten textbooks on history, honored their war criminal commanders, and is currently regretting that it cannot invade their peaceful neighbors again. == Germany has made good on its past aggressions by having apologized for and by paying war reparations for world w2 and has been and is currently a morally strong support pillar for peace and the future of the world and its citizens.
Very few are connecting the dots between Paul Manaforts work in Ukraine, The trump campaigns change to the GOP platform in 2015, Trump withholding of support and attempted blackmail of Zelensky and this invasion. As the "free thinkers" keep saying.  WAKE UP!
Biden let Putin move on ukraine… obama let russia have the crimea…
When you put your head on your pillow tonight, will you think to yourself, "I put my precious life to good use today. I helped make the world a little better," or will you clench your jaw uncertain why you are so tense and feeling like something is not quite right with you?
james patterson is a Russian troll....he spreads half truths lies and Russian propaganda. james I hear Russian tank commanders are giving up and handing over their tanks to the Ukrainians....my thanks to the Russian military for there "delivery".
Russia invaded ukraine in 2018 and obama just let him… then bidens son got a board seat on burisma… and now this… but somehow its all Trumps fault?? Im old enough to remember when we had real journalists… who protected the people instead of feeding them propaganda from the democrat party…
Trump was president in 2018.  Don't you find it odd that Putin and north korea were friendly with trump ? Two stone cold tyrants are all of a suddent friendly with a US president.  Trump was a puppet.  Putin set his chess pieces while Trump was in power.  Its pretty ****obvious.
trump tried to cancel the nordstream pupeline and befged nato to be funded… your spreading lies… and it was 2014 putin invaded crimea… and the ukraine… the trump russia collusion narritive has been proven time and time again to be a lie… wake up
 You are not connecting the dots between Paul Manaforts work in Ukraine, The trump campaigns change to the GOP platform in 2015, Trump withholding of support and attempted blackmail of Zelensky and this invasion.  Its right infront of your eyes which you are picking to ignore.
God be with the Ukrainians… if we wanted to stop the invasion we should have acted before the invasion… biden choose to sacrifice ukrainian lives for public opinion…
What action would you have proposed?
war criminals will go on trial and pay ukraine 1 trillion for damage
What you are doing in Syria from last 8years how many killed 😳 millions but no one care 😢 💔
Syria was already run by a tyrant.  Ukraine is free and democratic.
as long as bidens kid has a board seat on burisma and the investigations into it are canceled
Welp, the Ukranian can rest easy tonight. They got a standing ovation from corrupted US politicians. Such bold action!
Richard hows the weather in russia today
russian soldiers are swilling vodka again?
What else do you do when you have no fuel, food, or even a map to know where you're going?
Place sanctions on Mexico immediately for refusing to punish Putin.
Putin is committing crimes against humanity. He is rotten to the core. He has been using vacuum bombs that suck the oxygen out of people and make them die in the cruelest ways. Now he is planting 'butterfly mines' in forests and pathways so UNINFORMED PEOPLE will pick them up thinking they are toys. -- BILLIONAIRES that deceive the trust of the people with misinformation and abuse their state-sponsored power, like Trump and Putin: they do not belong into this world. -- We need to set up a Go-Fund-Me campaign that promises an amount plus another amount to every russian soldier that surrenders. -- Funds to be disbursed once the soldier has been registered in a database and a bank account has been set up in his name
do you really think that the soldiers have the luxury to make a choice?
if wasn't for Trump stopping Xi's thinking of China taking over US as #1 superpower & GDP, you'd have Russia much stronger now because XI & Putin are axis powers on same side. Trade war was greatest of moves by Trump, & stopped China steing USA IP tech chip tech. In fact,, Trump art of deal so good that China dev'd a virus in a Wuhan lab that they unleashed on own people and knew it ultimately would bring down USA
Change the channel. Read some books. Your ignorance is stunning.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.