Ukraine’s ambassador tells Security Council that Putin has “declared war on Ukraine.” Congress backs Biden sanctions, gas prices to spike, Trump calls Putin a 'genius.' Get the latest developments here, and find out how they affect you.
-Explosions heard in Ukrainian cities of Odesa, Kharkiv as Putin announces launch of military action
Russian troops launched their anticipated attack on Ukraine on Thursday, as President Vladimir Putin cast aside international condemnation and sanctions, warning other countries that any attempt to interfere would lead to “consequences you have never seen.” Putin justified it all in a televised address, asserting the attack was needed to protect civilians in eastern Ukraine — a false claim the U.S. had predicted he would make as a pretext for an invasion. He accused the U.S. and its allies of ignoring Russia’s demand to prevent Ukraine from joining NATO and offer Moscow security guarantees, and credulously claimed that Russia doesn't intend to occupy Ukraine but will move to “demilitarize” it and bring those who committed crimes to justice.
Ukrainian businesses large and small no longer plan for the future — they can barely foresee what will happen week to week.
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