Russia-Ukraine war: Moscow promises humanitarian corridors; US to send Patriot missiles to Poland – live








Russia warns it is working on ‘swift’ response to western sanctions








Scepticism as Russia claims it will provide humanitarian corridors

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Summary

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Russians struggling to breakthrough north of Kyiv, says MoD

Russia forces have failed to make a significant breakthrough to the north of Kyiv, and Ukrainian forces appear to be succeeding in shooting down enemy planes, according to the latest battleground intelligence update from Britain’s Ministry of Defence.




Ukrainian soldiers north of Kyiv.

Ukrainian soldiers near Brovary on the outskirts of Kyiv. Photograph: Marcus Yam/LOS ANGELES TIMES/REX/Shutterstock

It said on Twitter: “Fighting north-west of Kyiv remains ongoing with Russian forces failing to make any significant breakthroughs.

“Ukrainian air defences appear to have enjoyed considerable success against Russia’s modern combat aircraft, probably preventing them achieving any degree of control of the air.”

Ministry of Defence 🇬🇧
(@DefenceHQ)

Latest Defence Intelligence update on the situation in Ukraine – 09 March 2022

Find out more about the UK government’s response: https://t.co/DjAjI4vbCk

🇺🇦 #StandWithUkraine 🇺🇦 pic.twitter.com/eAqudcHW05


March 9, 2022

However, it added that “Kharkiv, Chernihiv, Sumy and Mariupol remain encircled by Russian forces and continue to suffer heavy Russian shelling”.

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IAEA loses contact with safeguard monitoring systems at Chernobyl

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Investors are turning to clean energy stocks as Russia’s invasion of Ukraine threatens to further raise oil prices and highlights Europe’s dependence on Russian oil and gas.

US markets are closed right now but on the Australian exchange the price of the Global Clean Energy ETF offered by VanEck, which tracks the price of big renewable energy companies that are on an index maintained by S&P, is up more than 8% so far today.

The index itself was up 5.6% overnight.

The Russian market, which is heavy with oil and gas companies, has already been devastated by sanctions imposed by the US and European countries, although so far western powers have steered clear of doing anything that could stop customers paying for Russian oil and gas.




The Australian securities exchange in Sydney.

The Australian securities exchange in Sydney. Photograph: Lisa Maree Williams/Getty Images

Russia itself is also about to default on its sovereign debt due to the sanctions and the threat of more to come, ratings agency Fitch said.

VanEck senior associate Alice Shen said the US’s decision to ban imports of Russian oil could further boost prices, adding to the attractiveness of renewables.

“This trend towards clean energy stocks too will likely gain momentum as energy consumers seek substitutes for fossil fuels and the demand for renewable energy rises to meet climate change carbon emissions targets,” she said.

“The Russia-Ukraine war highlights the vulnerability of countries that rely on fossil fuels, arguably raising the importance of clean energy as an energy supply and it could be an important impetus for the acceleration to clean energy globally.”

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