Russia’s invasion has shuttered companies, slashed exports and destroyed productive capability, the World Financial institution says.
- Ukraine’s GDP output will contract by greater than 45 p.c this yr because of the Russian invasion, in keeping with a World Financial institution forecast.
- The World Financial institution additionally forecast Russia’s GDP output to fall by greater than 11 p.c because of punitive sanctions.
- Austrian Chancellor Karl Nehammer has mentioned he'll meet Russian President Vladimir Putin in Moscow.
Listed below are the newest updates:
5 minutes in the past (21:39 GMT)
Austrian chief set for Putin talks
Austrian Chancellor Karl Nehammer has mentioned he would meet the Russian president on Monday in Moscow. It could be Putin’s first face-to-face assembly with a counterpart from the European Union since Russia launched its invasion of Ukraine in late February.
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38 minutes in the past (21:06 GMT)
Conflict to slash Ukraine’s financial output, says World Financial institution
Ukraine’s financial output will doubtless contract by 45.1 p.c this yr as Russia’s invasion has compelled companies to shut, slashed exports and destroyed productive capability, the World Financial institution has mentioned in a brand new evaluation of the warfare’s financial impacts.
The World Financial institution additionally forecast Russia’s 2022 GDP output to fall 11.2 p.c on account of punishing monetary sanctions imposed by the US and its Western allies on Russia’s banks, state-owned enterprises and different establishments.
The World Financial institution’s Jap Europe area, comprising Ukraine, Belarus and Moldova, is forecast to indicate a GDP contraction of 30.7 p.c this yr, on account of shocks from the warfare and disruption of commerce.
58 minutes in the past (20:46 GMT)
Ukraine says 2,824 extra folks evacuated
A complete of two,824 folks have been evacuated from Ukrainian cities by humanitarian corridors on Sunday, together with 213 residents of the besieged southern port of Mariupol, Deputy Prime Minister Iryna Vereshchuk mentioned in a web based put up.
60 minutes in the past (20:44 GMT)
Highly effective blasts heard in Ukraine’s Kharkiv, Mykolaiv: Native media
A sequence of highly effective explosions have been heard in Ukraine’s northeastern metropolis of Kharkiv and likewise in Mykolaiv, a metropolis close to the Black Sea within the southern a part of the nation, Ukrainian media has reported.
Welcome to Al Jazeera’s persevering with protection of the warfare in Ukraine.
Learn all of the updates from April 10 right here.
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