Russia-Ukraine Conflict Live Updates: Zelenskyy wants ‘no-fly zone’ over Ukraine in likely bid to involve foreign militaries
Russia-Ukraine Crisis LIVE | Moody’s cuts Russia rating to Ca on rise in default risk
Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely to restrict payments on the country’s foreign debt and lead to default. Moody’s said its decision to cut Russia’s rating was “driven by severe concerns around Russia’s willingness and ability to pay its debt obligations”
While the armed forces and civilian volunteers dug in, thousands of people continued to try to flee the city of 3.4 million as fears of a full assault spread. Russia invaded Ukraine on Feb. 24 and has concentrated its heaviest attacks on the south and east of the country, besieging cities including Mariupol and Kharkiv with artillery fire and air strikes and causing extensive damage and casualties.
Kyiv has been spared the worst of the fighting so far, but intense battles have raged in surrounding towns and villages and Russia’s defence ministry released footage on Sunday of some of its tracked military vehicles on the move near the capital. (Reuters)
