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    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.
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    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.

    Top Stories

    Posted By maria gbaf

    Posted on February 22, 2022

    Featured image for article about Top Stories

    By Pavel Polityuk and Matthias Williams

    KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy accused Russia of wrecking peace efforts and ruled out making any territorial concessions in an address to the nation in the early hours of Tuesday.

    Zelenskiy spoke after Russia’s decision to formally recognise two Moscow-backed regions of eastern Ukraine as independent and send troops to the region, accelerating a crisis that the West fears could unleash a major war.

    After chairing a security council meeting, Zelenskiy accused Russia of violating Ukraine’s sovereign territory and said it could mean Moscow pulling the plug on the Minsk peace talks aimed at ending the separatist conflict in eastern Ukraine.

    Zelenskiy said Ukraine wanted to solve the crisis through diplomacy but that his country was ready to dig in for the long haul.

    “We are committed to the peaceful and diplomatic path, we will follow it and only it,” Zelenskiy said. “But we are on our own land, we are not afraid of anything and anybody, we owe nothing to no one, and we will give nothing to no one.”

    He called for an emergency summit of the leaders of Ukraine, Russia, Germany and France while urging Ukraine’s allies to take action against Russia.

    A Reuters witness saw unusually large columns of military hardware moving through the breakaway city of Donetsk after Russian President Vladimir Putin told Russia’s defence ministry to send forces into the two regions to “keep the peace”.

    Russia’s actions drew U.S. and European condemnation and vows of new sanctions although it was not immediately clear whether the Russian military action would be regarded by the West as the start of a fullscale invasion. The area was already controlled by Russian-backed separatists and Moscow in practice.

    Zelenskiy’s administration has voiced frustration at the West’s unwillingness to impose preemptive sanctions after Russia massed more than 100,000 troops near Ukraine’s borders in recent weeks.

    “We expect clear and effective steps of support from our partners,” Zelenskiy said. “It is very important to see who is our real friend and partner, and who will continue to scare the Russian Federation with words.”

    (Reporting by Pavel Polityuk, Maria Tsvetkova, Matthias Williams; Editing by Lincoln Feast.)

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