Russia Retaliates to Flight Ban, Kharkiv Shelled: Ukraine Update

(Bloomberg) — Ukraine’s second-largest city Kharkiv reported that civilians were killed and wounded by heavy shelling as Russian forces continued their assault across the country. Moscow banned airlines from 36 nations from its airspace in retaliation to a similar move from European states.

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A Ukrainian delegation led by the defense minister held talks with Russian officials on the border with Belarus, while in Kyiv, Ukrainian President Volodymyr Zelenskiy expressed doubt the negotiations can yield progress toward halting the violence and repeated a request for his country to be fast tracked into the European Union.

Meanwhile, Russia’s currency and bonds plunged and authorities scrambled to erect economic defenses against a battery of sanctions launched by the U.S., the EU, Japan and other countries against Moscow.

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