Eurozone consumer confidence drops as Iran war fuels economic strain
Eurozone private sector growth almost stalled this month, a key survey showed on Tuesday, adding to evidence that the bloc is already feeling econo...
A Russian air attack cut power to more than one million Kyiv residents and impacted substations carrying power from Ukraine's atomic plants on Tuesday.
Drone and missile strikes killed four people- three in the southeastern city of Zaporizhzhia and one in the Kyiv region surrounding the capital. Other regions in the east, south and north of Ukraine also came under attack.
The attack was Russia's second this month on the Ukrainian capital.
Tens of thousands of emergency workers have been toiling round the clock to restore power and heating, with overnight temperatures dipping to -13 Celsius (9 Fahrenheit).
"In Kyiv alone, as of this evening, more than one million households remain without power," President Volodymyr Zelenskyy said in his nightly video address.
"And a significant number of buildings have no heating, more than 4,000 apartment buildings."
The United Nations' atomic watchdog, the International Atomic Energy Agency (IAEA) said several substations critical for nuclear safety were affected by the attack, while power lines to some other nuclear plants were impacted.
Ukraine gets more than half of its electricity from nuclear power.
The Chornobyl plant, the site of the world's worst civil nuclear catastrophe, had also lost all off-site power on Tuesday morning, the International Atomic Energy Agency added. Kyiv later said the plant had been reconnected.
"While Russian officials speak about the 'importance' of power lines, their forces deliberately strike substations, directly endangering nuclear safety," said Foreign Minister Andrii Sybiha.
Authorities in the northern region of Chernihiv bordering Russia said 87% of the population was without power.
Russia said it had attacked military-industrial, energy and transport targets in support of the army.
Tuesday's strikes followed a new round of peace talks at the weekend between U.S. and Ukrainian officials in a U.S.-backed diplomatic push for which Russia has shown little enthusiasm.
In the Swiss resort of Davos, where the World Economic Forum is taking place, envoys for U.S. President Donald Trump and Russian President Vladimir Putin said their meeting on a possible peace deal to end the war had been "very positive" and "constructive."
Zelenskyy urged the U.S. to pile more pressure on Moscow, saying it had "not yet had the strength" to stop Russia.
"Can America do more? It can, and we really want this, and we believe that the Americans are capable of doing this," he told reporters in a WhatsApp media chat.
Ukraine’s power grid further damaged
The power and heating cuts have forced Kyiv residents to bundle up inside their homes and improvise ways to stay warm, such as heating bricks or pitching tents indoors.
Water supplies, disrupted east of the Dnipro River in the capital for a time, were later restored, Kuleba said.
Speaking in Davos on Tuesday, Economy Minister Oleksiy Sobolev said Russia had damaged around 8.5 gigawatts of power generation capacity since late October.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
Trump says U.S. found “major points of agreement” with Iran and has paused strikes on Iranian power plants, but Tehran denies any direct talks or negotiations, contradicting U.S. claims - latest on Middle East conflict.
Georgia bid farewell to Catholicos-Patriarch Ilia II on Sunday (22 March). He was considered one of the most influential spiritual leaders in the country’s modern history.
Qatar has confirmed that seven people, including four of its military personnel and three Turkish nationals, were killed on Sunday (22 March) when a helicopter crashed in the country’s territorial waters.
The fallout from U.S. President Donald Trump's comment saying he had productive talks with Iran continues. Tehran denies they have happened. Oil prices carry on rising with countries reacting. Follow the updates throughout the day.
Eurozone private sector growth almost stalled this month, a key survey showed on Tuesday, adding to evidence that the bloc is already feeling economic fallout from the U.S. and Israeli war with Iran, with inflation rising and growth slowing.
China is raising domestic petrol and diesel prices under temporary measures to manage a sharp surge in global oil costs, aiming to support fuel suppliers while maintaining market stability during a period of heightened volatility.
Russia launched drones and missiles overnight on Tuesday at Ukraine, killing at least three people, damaging houses and triggering fires, Ukrainian officials said.
British Prime Minister Sir Keir Starmer said on Monday (23 March) that Britain must plan for the possibility that the Iran war could continue for some time, and added that he had no "meaningful concerns" about energy supply.
Australia and the European Union signed a trade deal on Tuesday that was eight years in the making, removing tariffs for almost all European goods and for nearly all exports of Australian critical minerals.
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