The European Union is considering ways to target third countries seen as doing too little to stop Russia evade sanctions, particularly those that can’t explain spikes in trade of key goods or technologies, according to people familiar with the matter.
(Bloomberg) — The European Union is considering ways to target third countries seen as doing too little to stop Russia evade sanctions, particularly those that can’t explain spikes in trade of key goods or technologies, according to people familiar with the matter.
Ukrainian President Volodymyr Zelenskiy visited the International Criminal Court in The Hague, where he urged the creation of a “full-fledged” tribunal to punish Russia for its aggression.
Russia claimed the US was behind a drone strike on the Kremlin that it blamed on Ukraine, but provided no evidence. Ukraine has denied any responsibility, while the US on Wednesday expressed skepticism about them and said it had no advance warning. A US-based think tank said Russia “likely staged this attack” in a bid to “set conditions for a wider societal mobilization.”
Key Developments
- EU Aims to Target Nations Through Which Russia Evades Sanctions
- Russia Says Washington Put Kyiv Up to Alleged Drone Strike: Tass
- Russia Says Oil Cut Pledge Backed by Drop in EU Pipeline Flows
- The Ugly Case for Supporting Ukraine: Leonid Bershidsky
(All times CET)
Ukraine to Evacuate Remaining Civilians From Avdiivka (12:33 p.m.)
Ukraine plans to evacuate remaining civilians from Avdiivka as fighting intensifies in the area, Serhiy Telyatytskyi, chief of southern defense forces, said on television. The Donestsk-region town had a pre-war population of of 30,000 that has dwindled to a few thousand.
Russian forces mounted 24 storming attempts in the direction of Avdiivka and Maryinka in the past 24-hour period, up from 18 a day earlier. All residents left Maryinka in November.
Zelenskiy Urges Full-Fledged Tribunal to Punish Russia (12:20 p.m.)
Ukraine demands a complete effort to punish Russia for its aggression against Ukraine and to prevent a repetition, President Volodymyr Zelenskiy said at The Hague. “We need a full-fledged tribunal and true and full justice,” he said.
The experience of Nuremberg, where Allies tried representatives of Nazi Germany after World War II, could be adapted into new operating rules, and shortcomings in the international law should be corrected to ensure justice and to make the punishment inevitable, he said.
Zelenskiy welcomed efforts by the International Criminal Court and the creation of the list of damages inflicted by Russia during the 14-month-old war, saying it was a “step forward” to set up a compensation mechanism for future reparations.
Russia Says Washington Put Kyiv Up to Alleged Drone Strike: Tass (12:10 p.m.)
No one was hurt in the attacks and damage was limited to two copper panels on the dome of the Kremlin’s Senate Palace, where President Vladimir Putin’s office is located, according to spokesman Dmitry Peskov. Security will be tightened after the incident, he said, without providing details.
Still, Russia has threatened unspecified retaliation for the incident involving two drones, with senior officials calling for more strikes against Kyiv. Video footage posted by state media of a drone exploding over one of the Kremlin’s most-recognizable landmarks underlined the vulnerability of even heavily defended installations.
Russia’s Strikes Continue to Damage Ukraine’s Power Grid Near Front-line (12:05 p.m.)
Russia’s missile and artillery strikes are inflicting more damage on Ukraine’s power grid, though the nation’s electricity supplies remain stable, state-run company NPC Ukrenergo said on Telegram.
While the backbone network has not been damaged in the wake of recent shelling, local electricity distribution companies’ equipment was affected in the regions close to the frontline. This caused localized temporary blackouts such as in the southern city of Kherson, where more than 6,000 customers have been facing power outages.
Meanwhile, power engineers managed to restore electricity supplies to 186,000 consumers in the Donetsk region and to 15,000 customers in the Dnipropetrovsk region after recent shelling.
EU Aims to Target Nations on Sanctions Evasion (11:10 a.m.)
The primary aim of a new mechanism would be to deter countries from helping Russia and crack down on trade channels that Moscow may be exploiting, said people familiar with the issue. If that doesn’t work, the bloc would have the option as a second step of imposing targeted restrictions on key goods.
The bloc also aims to widen the scope of several existing export measures and ban many goods transiting through Russia, said the people, who spoke on condition of anonymity to discuss private matters.
Death Toll in Russian Strikes at Kherson Rises to 23 (11:05 a.m.)
Massive Russian strikes in the Kherson region Wednesday killed 23 people, regional governor Oleksandr Prokudin said on television. A railway station, a hardware store, a supermarket, a gas station and a house were hit in several attacks during the day.
At least 48 people were injured, Zelenskiy said on Telegram on Wednesday night.
Ukraine’s International Reserves Keep Climbing Toward Record Levels (9:50 a.m.)
Ukraine’s foreign currency and gold reserves climbed 13% from the previous month to more than $35.9 billion, hitting an 11-year high, according to the central bank’s data.
The reserves increased as foreign aid from international partners kept flowing with an overall amount of assistance exceeding $5.8 billion last month, while the central bank has been spending less foreign currency on the foreign exchange market to prop up the hryvna for the fourth consecutive month.
Pressure on the hryvnia has eased in the wake of a tight monetary policy aimed at boosting the attractiveness of hryvnia-denominated savings and the central bank’s refusal to purchase government bonds to support the budget. The country’s reserves peaked at $38.4 billion in April 2011.
Russia Probably Staged Kremlin Drone Incident: US Think Tank Says (9 a.m.)
Russia most likely staged Wednesday’s drone incident at the Kremlin “in an attempt to bring the war home to a Russian domestic audience and seek conditions for a wider societal mobilization,” said military analysts at the Institute for the Study of War.
Several indicators suggest the incident, which Russia blamed on Ukraine, “was internally conducted and purposefully staged,” the US-based think tank said in a daily update. It’s “extremely unlikely that two drones could have penetrated multiple layers of air defense and detonated or been shot down just over the heart of the Kremlin in a way that provided spectacular imagery caught nicely on camera.”
Ukraine Shoots Down 18 out of 24 Russian Drones (8:15 a.m.)
Ukraine shot down 18 Iranian-made Shahed drones, launched by Russia from the northern Bryansk region and the eastern coast of the Sea of Azov in the south, the Air Defense said.
In the southern city of Odesa, three drones hit dormitories, causing fires to start, the military command South said on Facebook. Nobody was injured and 12 drones there were shot down, it said. In Kyiv, the Air Defense shot down all loitering munition and missiles according to initial reports, Serhiy Popko, the head of the capital’s military administration, said on telegram.
Wheat Prices Climb to Six-Month High Over Drone Tensions (8:10 a.m.)
Wheat prices extended their biggest jump in six months as tensions escalated in the Black Sea after Moscow blamed Ukraine for a drone attack on the Kremlin. Kyiv has denied Moscow’s allegations. The flare-up comes at a sensitive time for the future of the safe corridor that allows Ukraine to export crops through the Black Sea.
The deputy defense ministers of Turkey, Russia and Ukraine are due Friday to discuss an extension of the deal, which Russia has said could end on May 18.
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