Biden Meets With NATO Allies In Brussels

Follow real-time updates on Russia’s invasion of Ukraine.

US President Joe Biden walks with NATO Secretary General Jens Stoltenberg as he arrives for an … [+] extraordinary summit at NATO Headquarters in Brussels.

POOL/AFP via Getty Images

March 24, 2022 11:23 AM EDT

New U.K. Sanctions Target More Russian Oligarchs, Businesses And Mercenary Assassins

The U.K. government on Thursday announced sanctions on 65 more Russian people and businesses to “cut off vital industries fueling Putin’s war machine,” the latest in a series of escalating sanctions against Moscow from governments around the world as the war in Ukraine enters its second month.

President Joe Biden In Brussels For Key NATO Summit

President Joe Biden is meeting with allies at the NATO headquarters in Brussels, ahead of several emergency summits this week as the West coordinates further responses to Russia’s invasion of Ukraine.

Biden first met with the leaders of NATO member nations at the military alliance’s headquarters in Brussels, Belgium Thursday morning. Other leaders present at the meeting include U.K. Prime Minister Boris Johnson, French President Emmanuel Macron and Turkish President Recep Tayyip Erdoğan, among others.

Following the NATO meeting, Biden is also scheduled to attend an emergency summit of the G7 group of nations and the European Commission.

NATO Secretary General Jens Stoltenberg, center front left, U.S. President Joe Biden, center front, … [+] and British Prime Minister Boris Johnson, front right, pose during a group photo during an extraordinary NATO summit at NATO headquarters in Brussels.

ASSOCIATED PRESS

President Joe Biden talks with French President Emmanuel Macron and British Prime Minister Boris … [+] Johnson as they arrive at NATO Headquarters in Brussels.

ASSOCIATED PRESS

U.S. President Joe Biden, center, attends a round table meeting during an extraordinary NATO summit … [+] at NATO headquarters in Brussels.

ASSOCIATED PRESS

— Siladitya Ray

March 24, 2022 9:46 AM EDT

Ukrainian Navy Claims It Has Destroyed A Docked Russian Amphibious Assault Ship

A Russian Navy amphibious landing ship was destroyed while docked in the Russian-occupied port of Berdyansk in southern Ukraine on Thursday, the Ukrainian Navy claimed in a Facebook post.

The Russian amphibious landing dock ‘Orsk’ was destroyed in an attack, the Navy said. The post also included photo and a video of a large plume of smoke and flames engulfing what appears to be a ship on the port of Berdyansk.

Moscow Stock Exchange Partially Reopens After Month-Long Closure

Russia partially reopened its stock markets Thursday with heavy restrictions on trading, following a month-long shutdown.

The Moscow Exchange resumed trading in 33 Russian stocks including major companies like Gazprom, Sberbank, Rosneft and VTB at 9:50 a.m. local time.

As of 12.30 pm local time, the MOEX Russia Index was up by more than 6.5% at around 2,630 rubles. However, investors are banned from short selling these equities and a halt on foreigners selling these stocks also remains in place.