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Are living updates: Russian shares slump as all trading resumes

By The Connected Press

MOSCOW — Russian shares have slumped as its inventory market resumed trading of all firms soon after a monthlong halt pursuing the invasion of Ukraine.

The benchmark MOEX index slid 2.2% Monday immediately after the Moscow Exchange reopened for all of its quite a few hundred listed businesses, but with limitations nevertheless in area to restrict volatility.

The previous entire investing session in Moscow was on Feb. 25, a working day just after the index tumbled by a third just after President Vladimir Putin ordered the invasion of Ukraine.

Prices whipsawed past week when the trade tentatively reopened for two times of constrained buying and selling, with buyers authorized to trade only 33 of the MOEX index’s 50 firms.

Some restrictions remained in position Monday to avert yet another significant selloff. The every day session is shortened to four several hours and there is a ban on brief-providing, which basically includes betting on stock prices to go down. Foreigners also are unable to market shares till Friday.



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COPENHAGEN, Denmark — Danish brewery team Carlsberg says it has made the decision to pull out of Russia, declaring it’s “the suitable factor to do in the present ecosystem.”

The announcement came hrs soon after its competitor, Dutch brewing big Heineken, stated it was executing the exact.

The Copenhagen-based Carlsberg stated Monday it “will have no presence in Russia.” Its enterprise in Russia will no for a longer time be incorporated in the Danish brewer’s profits and working profit, and the company “will be dealt with as an asset held for sale until eventually completion of the disposal.”

In 2021, Carlsberg reported earnings and running gain in Russia of 6.5 billion kroner ($959 million) and 682 million kroner ($101 million) respectively. The Danish brewer generates around 10% of its product sales in Russia, wherever it operates numerous breweries and has about 8,400 staff which would be laid off.

Heineken reported earlier Monday that it was searching for an “orderly transfer of our small business to a new proprietor in total compliance with worldwide and area guidelines.”

Heineken will carry on to fork out its 1,800 workers in Russia by the conclude of the calendar year. The company claims it will not income from the sale of its Russian functions and expects to take a 400 million-euro ($438 million) charge as a consequence.


MOSCOW — Main unbiased Russian newspaper Novaya Gazeta, which is edited by Nobel Peace Prize winner Dmitry Muratov, claims it is suspending functions just after obtaining warnings from Russian authorities.

The newspaper described becoming warned by Roskomnadzor, the state communications regulator.

“After this we are halting the release of the newspaper on the web site, on (social) networks and on paper — right up until the finish of the ‘special procedure on the territory of Ukraine,’” the newspaper claimed in a statement Monday.

Russia strictly limitations how media can explain events in Ukraine, which it labels a “special military services operation.” Several other Russian media shops have already opted for suspending functions alternatively than experience major constraints on what they can report, and the Kremlin has also blocked a number of overseas information retailers.


BERLIN — Germany’s electrical power minister suggests the Team of 7 important economies have agreed to reject Russia’s need to spend for Russian power imports in rubles.

Robert Habeck explained to reporters Monday that “all G-7 ministers agreed entirely that this (would be) a just one-sided and very clear breach of the existing contracts.”

Habeck claimed following an on the web assembly with G-7 energy ministers that “payment in ruble is not acceptable and we will urge the companies affected not to comply with (Russian President Vladimir) Putin’s need.”

Questioned by reporters previously Monday if Russia could cut gasoline provides to European buyers if they reject the demand to pay back for the Russian gas in rubles, Kremlin spokesman Dmitry Peskov claimed that “we obviously are not going to offer gas for cost-free.”


BERLIN — German authorities are considering no matter whether to prosecute individuals who use the “Z” image to exhibit support for Russia’s assault on Ukraine.

Russian troops in Ukraine have painted the letter Z on the side of cars and it has been adopted by some in Russia as a image of guidance for what the Kremlin describes as a “special army operation” in the neighboring region.

A spokesman for the German Interior Ministry stated Monday that safety providers are mindful the symbol is also being made use of at rallies in Germany.

The spokesman, Marek Wede, instructed reporters in Berlin that the letter can under specified circumstances be regarded a indicator of assistance for Russia’s invasion of Ukraine.

“The Russian attack on Ukraine is a criminal offense and whoever publicly approves of this war can thereby turn out to be criminally liable,” Wede stated.

He added that federal authorities welcomed announcements by some German states to investigate whether or not particular person situations of the “Z” use represent prison functions.


LJUBLJANA, Slovenia — Slovenia claims it has reinstated a diplomatic agent in Kyiv and reopened the country’s embassy in Ukraine.

The ministry claims Slovenia’s embassy in Kyiv reopened on Monday immediately after the arrival of the interim cost d’affaires Bostjan Lesjak. Slovenia’s ambassador to Ukraine stays in Rzeszow, a town on the Polish-Ukrainian border.

Slovenia’s shift comes after Prime Minister Janez Jansa urged European Union countries to restore their presence in Kyiv in aid for Ukraine. Jansa visited Kyiv this thirty day period alongside with the key ministers of Poland and the Czech Republic.

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He reported on Twitter on Monday that “we are back again.” Jansa provides that “the Slovenian and European flags flutter again in front of the Slovenian Embassy in Kyiv.”

Slovenia’s Foreign Ministry said that Lesjak reported on arrival that the metropolis was deserted, and that alarms and detonations could be heard in the length.


LVIV, Ukraine — Ukrainian community broadcaster Suspilne has quoted the mayor of Mariupol as expressing that all-around 160,000 people today stay in the besieged port city, and that a “humanitarian catastrophe” would ensue if far more evacuations are not doable.

Vadym Boychenko said Monday that Russian forces have been stopping civilians from evacuating from the town and experienced been turning again some who tried using to make it out.

The town, which experienced a pre-war populace of much more than 400,000, has viewed some of the worst circumstances considering the fact that Russian forces invaded Ukraine on Feb.24. Russian forces have pounded the city, and scores of civilians have been unable to escape, with no entry to essentials and minimize off from communication with the shelling of cell, radio and Tv towers.


MOSCOW — The Kremlin has voiced worry about U.S. President Joe Biden’s comment about the Russian President Vladimir Putin and reported it will diligently comply with his rhetoric.

Capping a four-working day vacation to Europe Saturday, Biden explained of Putin: “For God’s sake, this man cannot stay in electric power,” terms the White Property instantly sought to downplay.

Kremlin spokesman Dmitry Peskov instructed reporters Monday that Biden’s assertion “undoubtedly results in alarm.” He additional that the Kremlin will meticulously check the U.S. president’s statements.

Peskov claimed previously that “it’s not up to the president of the U.S. and not up to the Us citizens to come to a decision who will remain in power in Russia.”


MOSCOW — Russia’s overseas minister says the presidents of Russia and Ukraine could meet up with for talks only after the crucial factors of a possible offer are negotiated.

Sergey Lavrov stated Monday that “the conference is essential the moment we have clarity relating to methods on all critical difficulties.”

Lavrov’s remarks comply with Ukrainian President Volodymyr Zelenskyy’s statement that he’s completely ready to talk about Ukraine’s neutrality and protection ensures with Russian President Vladimir Putin to protected peace “without hold off.” Zelenskyy extra that only a encounter-to-confront meeting with Russia’s leader could close the war.

Russian and Turkish negotiators are established to keep yet another spherical of talks in Istanbul, Turkey on Tuesday to check out to draft an arrangement.

Talking in an on-line job interview with Serbian media, Lavrov alleged that Ukraine only want to “imitate talks” even though Russia requires specific results that would be secured by the countries’ leaders.


BEIJING — China claims the U.S. should really take severely Beijing’s worries about punishing financial sanctions in opposition to Russia.

China, which has what it phone calls a “no limits” partnership with Moscow, has strongly objected to the sanctions, declaring they will worsen the world-wide economic outlook devoid of bringing an close to the conflict.

Overseas Ministry spokesperson Wang Wenbin reported at a daily briefing Monday that China and other nations imagine “people of all countries have no accountability to fork out for geopolitical conflicts and excellent energy online games.”

“The issue now is not about who desires to assistance Russia bypass sanctions, but about the regular economic and trade relations involving international locations, which includes China, and Russia have been unnecessarily harmed,” Wang mentioned.

“We urge the U.S. to just take China’s fears critically when dealing with the Ukraine difficulty and relations with Russia, and not to destruction China’s genuine rights and interests in any way,” Wang stated.


THE HAGUE, Netherlands — European Union judicial coordination company Eurojust suggests it has assisted Poland, Lithuania and Ukraine to establish a joint investigation team to probe war crimes, crimes towards humanity and other crimes fully commited in Ukraine.

The Hague-based agency stated Monday that the 3 nations signed an settlement on Friday establishing the crew. Eurojust says it presented legal and specialized assist.

Eurojust claims the most important goal of the group is to “support the gathering of proof and its swift and safe trade concerning partners, as effectively as the transmission of info and proof.”

Eurojust provides that the crew will help the 3 nations cooperate with Intercontinental Criminal Court prosecution business office, which also has opened an investigation in Ukraine.

In the 1st thirty day period of Russia’s war against Ukraine, Polish prosecutors reported they experienced collected some 300 witness testimonies from refugees pouring over the border.

Joint investigation teams assist nations pool sources and awareness during intricate worldwide investigations. The Netherlands and other countries set up these kinds of a crew to look into the 2014 downing of Malaysia Airlines flight MH17 more than eastern Ukraine.


ANKARA, Turkey — Turkey’s protection ministry suggests navy groups are working to disable a second naval mine that was detected floating off Turkey’s Black Sea coast.

On Monday, the ministry said Underwater Defence Teams that were dispatched to the web-site off the coastline of Igneada, near the border with Bulgaria, experienced managed to safe the mine and had been now functioning to “neutralize” it.

On Saturday, authorities closed the Bosporus — the landmark waterway amongst the Black Sea and the Sea of Marmara — to website traffic as a precaution as the Turkish coastline guard responded to reviews of a drifting mine-like item which was afterwards “neutralized.”

The sighting of the explosive gadgets follows warnings that mines laid at the entrances to Ukrainian ports could split totally free in major weather and cross the Black Sea.

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On March 18, Turkey issued a Navtex warn advising ships to continue to keep a “sharp glance out” and report any possible mines that had drifted from ports this kind of as Odesa.


GENEVA — The Business of the UN Significant Commissioner for Human Legal rights claims it has recorded 1,119 civilian deaths and 1,790 people wounded due to the fact Russia invaded Ukraine on Feb. 24.

The UN company said Sunday most casualties were being brought about by use of explosive weapons with a large impact spot, which includes shelling from significant artillery and many-start rocket techniques, and missile and air strikes. It stated it thinks true figures are “considerably bigger,” specified delays in obtaining information and facts and in corroborating the reports.

Of individuals killed, 224 were being guys, 168 ladies, 15 girls and 32 boys. The intercourse of a different 52 little ones and 628 grownups has not nonetheless been decided.

The report stated allegations of numerous civilian casualties in the besieged southern city of Mariupol and in Volnovakha, Izium, Popasna, Rubizhne and Trostianets had been however remaining corroborated and are not integrated in the most recent totals.


LONDON — Russian forces have designed no significant development in the previous 24 hrs amid continuing supply complications and intense resistance from Ukrainian fighters, U.K. defense officials say.

Poor morale and a lack of momentum have compounded the issues going through Russian forces, Britain’s Ministry of Protection reported in its most recent intelligence briefing.

Major fighting proceeds about Mariupol as Russian forces consider to seize the port on the Sea of Azov, which connects to the Black Sea, the ministry stated in a briefing posted on Twitter.

Previously, the ministry reported Russia was retaining a blockade of Ukraine’s Black Sea coastline, reducing off maritime trade with the region. The Russian navy is also launching “sporadic” missile strikes versus targets in Ukraine, the ministry mentioned.


BEIJING — China’s ambassador to the U.S. says that of all parties anxious in the Ukraine, only China has Russia’s ear.

Qin Gang’s feedback to the Phoenix Tv channel, which has shut ties with China’s ruling Communist Party, occur as Beijing’s tacit assist for Moscow is getting raising scrutiny from Washington and other individuals.

China has refused to criticize Russia’s invasion of Ukraine, or even refer to it as this kind of. It has also vigorously opposed punishing financial sanctions imposed on Moscow by the West.

Qin said China was uniquely positioned to aid peacefully take care of what he referred to as “the disaster.”

“Now, all events involved are in critical confrontation with Russia besides China. Only China has the ear of Russia,” Qin explained to the channel’s “Talk With Environment Leaders” method in an interview broadcast on Sunday.

Qin blamed NATO’s eastward growth for getting provoked Russia. “Russia feels duped by NATO on its eastward enlargement. It feels threatened and cornered,” Qin mentioned.

Whilst Beijing claims it is impartial in the conflict, Chinese condition media has repeated bogus and unsupported statements made by Moscow.

Phoenix has alone received interest for embedding a reporter with Russian troops who has developed a steady stream of pro-Moscow studies.


LVIV, Ukraine — Ukraine’s priorities at the Ukrainian-Russian talks in Turkey this 7 days will be “sovereignty and territorial integrity,” President Volodymyr Zelenskyy informed his country Sunday in his nightly deal with.

“We are wanting for peace, definitely, devoid of hold off,” he claimed. “There is an prospect and a need to have for a experience-to-encounter conference in Turkey. This is not terrible. Let us see the consequence.”

This week, he explained, “I will proceed to charm to the parliaments of other countries” to remind them of the dire situation in besieged metropolitan areas like Mariupol.

Zelenskyy also informed impartial Russian journalists Sunday that his authorities would take into consideration declaring neutrality and presenting protection assures to Russia, repeating previously statements. That would contain holding Ukraine nuclear-cost-free, he stated.

He informed the reporters that the situation of neutrality — and agreeing to continue to be out of NATO — need to be set to Ukrainian voters in a referendum right after Russian troops withdraw. He claimed that a vote could consider spot in a few months at the time Russian troops leave.

Russia promptly banned Zelenskyy’s interview from remaining released. Roskomnadzor, which regulates communications for Moscow, issued the ban Sunday, expressing there could be action taken against the Russia-based mostly media shops that took portion, which involved “those that are overseas media shops acting as international brokers.”

Zelenskyy responded by indicating Moscow was worried of a rather short dialogue with journalists. “It would be humorous if it weren’t so tragic,” he explained, according to the Ukrainian information agency RBK Ukraina.


BERLIN — German Chancellor Olaf Scholz says that neither NATO nor U.S. President Joe Biden goal to convey about regime improve in Russia.

Biden mentioned of Russian President Vladimir Putin in the course of a speech on Saturday that “this guy can’t stay in power.” The White Dwelling and other U.S. officials rushed to make clear that Biden was not really contacting for Putin to be toppled.

Requested for the duration of an appearance Sunday on ARD tv whether or not Putin’s removal is in actuality the authentic intention, Scholz replied: “This is not the aim of NATO, and also not that of the American president.”

Scholz included: “We each agree entirely that regime improve is not an object and aim of policy that we pursue jointly.”

Scholz very last thirty day period declared a large maximize in German protection shelling out. On Sunday, he verified a report by the Bild am Sonntag newspaper that the governing administration is looking at attaining a missile protection shield together the traces of Israel’s “Iron Dome.”

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