Russia-Ukraine updates: US sanctions Russian military shipbuilder, diamond miner

Russia's largest military shipbuilding and diamond mining firms were targeted.

Russian President Vladimir Putin's "special military operation” into Ukraine began on Feb. 24, with troops crossing the border from Belarus and Russia. Moscow's forces have since been met with “stiff resistance” from Ukrainians, according to U.S. officials.

Russian forces retreated last week from the Kyiv suburbs, leaving behind a trail of destruction. After graphic images emerged of civilians lying dead in the streets of Bucha, U.S. and European officials accused Russian troops of committing war crimes.

For previous coverage, please click here.

Hulu

Two Men at War

A look at the two leaders at the center of the war in Ukraine and how they both rose to power, the difference in their leadership and what led to this moment in history.

Mar 24, 2022, 5:20 AM EDT

Biden arrives at NATO headquarters for emergency summit

U.S. President Joe Biden arrived in Brussels on Thursday morning ahead of an emergency NATO summit to discuss the Western defense alliance's response to Russia's invasion of Ukraine.

The European diplomatic capital is also hosting a gathering of the Group of Seven industrialized nations and a summit of the 27 members of the European Union on Thursday. Biden is scheduled to attend all three meetings and hold a press conference at the end of the day.

Upon his arrival at NATO headquarters, Biden was greeted by NATO Secretary-General Jens Stoltenberg. The two leaders stood and spoke for a few moments, though their conversation was inaudible. Biden and Stoltenberg then walked into the building and down the hallway, where they did not stop to speak to reporters who asked whether Russia's potential use of chemical weapons in Ukraine are a red line that would trigger a response from NATO.

U.S. President Joe Biden,left, and NATO Secretary-General Jens Stoltenberg, right, arrive ahead of an emergency NATO summit at NATO Headquarters in Brussels, Belgium, March 24, 2022.
Kenzo Tribouillard/AFP via Getty Images

Biden and Stolenberg will now meet privately before taking a photo with other NATO leaders.

Earlier Thursday, U.K. Prime Minister Boris Johnson faced the same question from reporters when he arrived at NATO headquarters.

"Look, I think that the reality is that President Putin has already crossed a red line in barbarism and it's now up to NATO to consider together the appalling crisis in Ukraine, the appalling suffering of the people of Ukraine," Johnson replied. "And see what more we can do to help the people of Ukraine protect themselves. See what more we can do to tighten the economic vice around the Putin regime."

-ABC News' Justin Gomez, Molly Nagle and Cecilia Vega

Mar 24, 2022, 5:03 AM EDT

Ukraine calls Russian military 'a gang of terrorists'

Ukrainian Defense Minister Oleksiy Reznikov on Thursday lambasted Russia's military as "a gang of terrorists, criminals and cowards" who she claimed are committing war crimes.

In a statement posted on her official Facebook account, Reznikov marked one month since Russian forces invaded Ukraine and warned that Ukrainians "still have a very difficult period ahead."

"The Russian military machine will not stop until it is drenched in the blood of its soldiers," Reznikov said.

A tank destroyed in fighting during Ukraine-Russia conflict is seen in front of a residential building, in the besieged southern port of Mariupol, Ukraine, March 23, 2022.
Alexander Ermochenko/Reuters

Earlier this month, Russian troops opened fire on a nursing home in the eastern Ukrainian city of Kreminna, killing 56 people, according to Reznikov.

"This is not an accidental hit," she said. "This is the deliberate killing of defenseless people -- a war crime. That's why the Russian army is a gang of terrorists, criminals and cowards."

Still, Reznikov remained confident that Ukrainian forces will prevail with international support.

"We will drive them out. We will rebuild everything," she added. "We will clean our land from the effects of war. It will take a lot of effort and time."

-ABC News' Julia Drozd

Mar 24, 2022, 4:36 AM EDT

Russian military leaders repeatedly decline calls from US counterparts

Top Russian defense and military leaders have repeatedly declined telephone calls from their U.S. counterparts since Russia invaded Ukraine on Feb. 24, according to Pentagon spokesman John Kirby.

Russian Defense Minister Sergei Shoigu and Gen. Valery Gerasimov, chief of the General Staff of the Russian Armed Forces, attend a meeting with Russian President Vladimir Putin in Moscow, Russia, February 27, 2022.
Sputnik/Aleksey Nikolskyi/Kremlin via Reuters

Kirby said in a statement Wednesday that, over the last month, U.S. Secretary of Defense Lloyd Austin and Gen. Mark Milley, chairman of the U.S. Joint Chiefs of Staff, "have sought, and continued to seek, calls with" Russian Defense Minister Sergei Shoigu and Gen. Valery Gerasimov, chief of the General Staff of the Russian Armed Forces. But the Russians "have so far declined to engage," he said.

"We continue to believe that engagement between U.S. and Russian defense leaders is critically important at this time," Kirby added.

-ABC News' Matt Seyler

Mar 24, 2022, 3:31 AM EDT

US slams Russia's plans to partially reopen stock market

The United States is slamming Russia's plans to reopen its stock market for limited trading on Thursday for the first time in a month since Russian forces invaded Ukraine.

"What we’re seeing is a charade: a Potemkin market opening," White House deputy national security adviser Daleep Singh said in a statement early Thursday. "After keeping its markets closed for nearly a month, Russia announced it will only allow 15% of listed shares to trade, foreigners are prohibited from selling their shares, and short selling in general has been banned. Meanwhile, Russia has made clear they are going to pour government resources into artificially propping up the shares of companies that are trading."

A sign with the logo is on display outside the office of the Moscow Exchange in Moscow, Russia, March 24, 2022.
Maxim Shemetov/Reuters

"This is not a real market and not a sustainable model—which only underscores Russia’s isolation from the global financial system," he added. "The United States and our allies and partners will continue taking action to further isolate Russia from the international economic order as long it continues its brutal war against Ukraine."

Shares plunged and the Moscow Exchange was shut down following Russia's invasion of Ukraine on Feb. 24. The heavy restrictions on trading as the exchange opens Thursday morning aim to prevent the kind of massive selloff that took place last moth in anticipation of crushing financial and economic sanctions from Western nations, according to The Associated Press.

-ABC News' Molly Nagle

Related Topics

Sponsored Content by Taboola