Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Russia regroups after setbacks; Ukraine says psychiatric hospital hit
    Top Stories

    Russia regroups after setbacks; Ukraine says psychiatric hospital hit

    Russia regroups after setbacks; Ukraine says psychiatric hospital hit

    Published by Wanda Rich

    Posted on March 11, 2022

    Featured image for article about Top Stories

    By Pavel Polityuk and Natalia Zinets

    LVIV, Ukraine (Reuters) – Russian forces bearing down on Kyiv are regrouping northwest of the Ukrainian capital, satellite pictures showed, and Britain said on Friday Moscow could now be planning an assault on the city within days.

    Ukraine accused Russian forces of hitting a psychiatric hospital near the eastern Ukrainian town of Izyum, in what the regional governor called “a brutal attack on civilians”. Emergency services said no one was hurt as the patients were already sheltering in the basement.

    There was no immediate comment from Moscow.

    Russia has been pounding Ukraine’s cities while its main attack force north of Kyiv has been stalled on roads since the invasion’s early days, having failed in what Western countries say was an initial plan for a lightning assault on the capital.

    Images released by private U.S. satellite firm Maxar showed armoured units manoeuvring in and through towns close to an airport at Hostomel on Kyiv’s northwest outskirts, site of intense fighting since Russia landed paratroops there in the first hours of the war.

    Other elements had repositioned near the small settlement of Lubyanka just to the north, with towed artillery howitzers in firing positions, Maxar said.

    “Russia is likely seeking to reset and re-posture its forces for renewed offensive activity in the coming days,” Britain’s Ministry of Defence said in an intelligence update. “This will probably include operations against the capital Kyiv.”

    The British update said Russian ground forces were still making only limited progress, hampered by persistent logistical issues that and Ukrainian resistance.

    Ukraine said Russian forces were regrouping after taking heavy losses. In its overnight statement on the battlefield situation, the Ukrainian general staff also said it had pushed Russian forces back to “unfavourable positions” in the Polyskiy district, an area which is near the Belarus border and to the rear of the main Russian column heading towards Kyiv.

    Oleh Synegubov, governor of the Kharkiv region, said 330 people had been at the psychiatric hospital when it was hit: “This is a war crime against civilians, genocide against the Ukrainian nation,” he wrote on the Telegram messaging app.

    The reported strike came less than two days after Russia bombed a maternity hospital in the besieged southern port of Mariupol, an attack Washington has called a war crime. Ukraine said pregnant women were among those hurt there; Russia said the hospital was no longer functioning and was occupied by Ukrainian fighters when it was hit.

    For a seventh straight day, Russia announced plans to cease fire to allow civilians to leave Mariupol, site of Ukraine’s worst humanitarian emergency, with hundreds of thousands of people trapped with no food, water, heat or power.

    Ukraine said it would try yet again to mount an evacuation from the city: “We hope it will work today,” Deputy Prime Minister Iryna Vereshchuk said.

    All previous attempts to reach Mariupol have failed with both sides accusing each other of failing to observe ceasefires.

    Washington said Russian targeting of civilians in Mariupol was a war crime. Moscow denies it has been targeting civilians in what it calls a “special operation” to disarm and “de-Nazify” Ukraine, which it says is going to plan.

    EU SUMMIT

    European Union leaders were holding a summit at France’s Versailles Palace, expected to be dominated by calls for more action to punish Russia, assist Ukraine and cope with an influx of nearly 2.5 million refugees in just two weeks.

    In the two weeks since the invasion, Western countries have swiftly moved to isolate Russia from world trade and the global financial system in ways never before visited on such a large economy.

    In the latest move, sources said U.S. President Joe Biden will ask the Group of Seven industrialised countries and the EU to strip Russia of normal trade rights, known as “most favoured nation status”. That would allow hitting Russian goods with new tariffs.

    On Friday, three air strikes in the central Ukrainian city of Dnipro killed at least one person, state emergency services said, adding that the strikes were close to a kindergarten and an apartment building.

    While Russia’s advance on Kyiv has been stalled and it has failed so far to capture any cities in northern or eastern Ukraine, it has made more substantial progress in the south. Moscow said on Friday its separatist allies in the southeast had captured the town of Volnovakha north of Mariupol.

    The U.S. Senate voted on Thursday to approve legislation providing $13.6 billion to help Ukraine finance ammunition and other military supplies, as well as humanitarian support.

    Russia is the world’s leading exporter of combined oil and gas. Its energy exports have largely been exempted from sanctions so far, although Washington has announced it will stop buying Russian crude.

    The EU is also working on longer term plans to phase out imports of Russian oil, gas and coal, but Hungarian Prime Minister Viktor Orban said in a video posted on Facebook on Friday the bloc would not put sanctions on Russian energy.

    The information war picked up on social media as well, with Russia demanding that Washington stop the “extremist activities” of Facebook owner Meta Platforms, which temporarily lifted a ban on calls for violence against the Russian military and leadership.

    The social media company will temporarily allow some posts that call for the death of President Vladimir Putin or Belarusian President Alexander Lukashenko in countries including Russia, Ukraine and Poland, according to internal e-mails to its content moderators.

    (Reporting by Reuters bureaus; Writing by Peter Graff; Editing by Tomasz Janowski)

    Related Posts
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
    LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Top Stories PostPutin says Russia to use Middle East volunteer fighters against Ukraine
    Next Top Stories PostStocks rebound from inflation selloff, but head for 5th weekly fall

    More from Top Stories

    Explore more articles in the Top Stories category

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    ID-Pal Unveils ID-Detect Enhancements to Counter Surge in Digital Manipulation and Deepfakes

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    TRUST TAKES THE LEAD: HALF OF UK SHOPPERS HAVE ABANDONED ONLINE PURCHASES OVER SECURITY CONCERNS

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Why Choose Premium Driver Service in Miami Over Rideshare Apps for Business Travel and Special Events?

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Over 30 Million Users Benefit From Ant International’s Bettr Credit Tech Solutions

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    Side-Hustle Economics: How Part-Time Service Work Can Strengthen Your Financial Plan

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    London to Host Major Summit on “New Horizons” for Islamic Economy in the UK

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    BLOXX Launches World’s First Home Equity Subscription, Creating a New Residential Asset Class

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    LiaFi Addresses Gap Between Business Transaction and Savings Accounts

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Ant Group Chairman Eric Jing Outlines Strategy for Inclusive AI, Collaboration on Tokenised Settlement

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Deeply Cultivating the Syndicated Loan and Cross-Border Financing Fields: Empowering Chinese Banks’ Global Expansion with Professional Excellence

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

    View All Top Stories Posts