Russia steps up Ukraine offensive as Biden increases economic pressure

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Russia steps up Ukraine offensive as Biden increases economic pressure
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RUSSIA-UKRAINE LATEST: • 2.5 million flee Ukraine • Russian forces edge closer to Kyiv • New airstrikes against Ukrainian cities farther west • Moscow stock market shut down for 11th day • Biden calls for end to normal trade relations with Moscow

Moscow was accused of war crimes in the wake of the, where officials warned a “humanitarian catastrophe” was unfolding amid failed attempts to get residents out and aid into the southern port city.

. Nearly 2 million more have been displaced within Ukraine, leaving their homes and often their families behind to escape the fighting. Zelenskyy dismissed Moscow's efforts to accuse Ukraine of planning a false-flag attack, which the U.S. and its allies have called out in recent days as a potential cover for Russia's own plans to do so.

Biden announced Friday that the U.S. and its allies from the G7 will take steps to deny the"most favored nation" status designation to Russia,Biden said the U.S. will also ban imports of additional Russian goods including seafood, vodka and diamonds and will join its allies in cutting off Moscow's ability to seek financing from the International Monetary Fund and the World Bank.

Speaking ahead of talks in Moscow with Belarusian President Alexander Lukashenko, a close ally, Putin remained defiant."Of course, there are problems connected to recent events," he said in televised remarks."There have always been attempts to curtail our development and they are happening now, obviously on a larger scale."

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