KYIV --
Western allies have introduced sweeping new sanctions in opposition to Russia, together with banishing its key banks from the primary international funds system, drawing thanks from Ukraine on Sunday as its forces have been repelling Russian troops advancing on Kyiv.
Russian forces pounded a number of cities with missiles in a single day, setting an oil terminal ablaze within the city of Vasylkiv, southwest of the capital, Kyiv, its mayor mentioned. The blasts despatched flames and smoke into the evening sky, on-line posts confirmed.
"The enemy desires to destroy all the things," mentioned the mayor, Natalia Balasinovich.
Russian President Vladimir Putin launched what he referred to as a particular navy operation on Thursday, ignoring weeks of Western warnings and saying the "neo-Nazis" ruling Ukraine threatened Russia's safety -- a cost Kyiv and Western governments say is baseless propaganda.
The most important assault on a European state for the reason that Second World Struggle threatens to upend the continent's post-Chilly Struggle order.
Reuters witnesses in Kyiv reported occasional blasts and gunfire within the metropolis late on Saturday however it was not clear the place it was coming from.
"We've withstood and are efficiently repelling enemy assaults. The preventing goes on," Ukrainian President Volodymyr Zelensky mentioned in a video message from the streets of Kyiv posted on his social media.
A U.S. defence official mentioned Ukraine's forces have been placing up "very decided resistance" to the three-pronged Russian advance that has despatched a whole bunch of hundreds of Ukrainians fleeing westwards, clogging main highways and railway strains.
America and its European companions additionally mentioned they might impose restrictions on Russia's central financial institution to restrict its capacity to assist the rouble and finance his struggle effort.
"We're resolved to proceed imposing prices on Russia that may additional isolate Russia from the worldwide monetary system and our economies," the Western allies mentioned as they escalated their punitive response.
"We'll implement these measures throughout the coming days," in accordance with a joint assertion from the US, France, Germany, Canada, Italy, Britain and the European Fee.
'THANKS TO FRIENDS'
After initially shying away from such a transfer largely due to concern in regards to the impression on their economies, the allies mentioned they dedicated to "making certain that chosen Russian banks are faraway from the SWIFT messaging system." They didn't identify the banks that will be expelled, however an EU diplomat mentioned some 70% of the Russian banking market can be affected.
The choice - which the French finance minister had earlier referred to as a "monetary nuclear weapon" due to the injury it could inflict on the Russian financial system - offers a blow to Russia's commerce and makes it tougher for its firms to do enterprise.
SWIFT, or the "Society for Worldwide Interbank Monetary Telecommunication," is a safe messaging community that facilitates fast cross-border funds, making it a vital mechanism for worldwide commerce.
Sanctions on Russia's central financial institution might restrict Putin's use of his greater than US$630 billion in worldwide reserves, extensively seen as insulating Russia from some financial hurt.
The brand new measures will stop Russia from "utilizing its struggle chest," mentioned Ursula von der Leyen, president of the European Fee, the European Union's government.
However as a result of Russia's giant banks are deeply built-in into the worldwide monetary system, such sanctions might have a spillover impact, hurting buying and selling companions in Europe and elsewhere.
Ukrainian Prime Minister Denys Shmyhal mentioned in a Twitter publish on Sunday: "Due to our buddies ... for the dedication to take away a number of Russian banks from SWIFT."
The Kremlin mentioned its troops have been advancing once more "in all instructions" after Putin ordered a pause on Friday. Ukraine's authorities mentioned there had been no pause.
A Ukrainian presidential adviser mentioned about 3,500 Russian troopers had been killed or wounded. Western officers have additionally mentioned intelligence confirmed Russia struggling increased casualties than anticipated and its advance slowing.
Russia has not launched casualty figures, and it was unimaginable to confirm tolls or the exact image on the bottom.
'DETERMINED RESISTANCE'
The U.S. official mentioned Russia's forces had not made the progress that they needed to, significantly within the north.
"They've been pissed off by what they've seen is a really decided resistance," the U.S. official mentioned, with out offering proof.
At the very least 198 Ukrainians, together with three kids, have been killed and 1,115 folks wounded to date, Interfax quoted Ukraine's Well being Ministry as saying.
Interfax later cited the regional administration in Donetsk, jap Ukraine, saying 17 civilians had been killed and 73 wounded by Russian shelling.
Moscow says it's taking care to not hit civilian websites.
Ukraine, a democratic nation of 44 million folks, received independence from Moscow in 1991 after the autumn of the Soviet Union and desires to affix NATO and the EU, targets Russia opposes.
Putin has mentioned he should remove what he calls a critical risk to his nation from its smaller neighbour, accusing it of genocide in opposition to Russian-speakers in jap Ukraine -- one thing Kyiv and its Western allies reject as a lie.
UN refugee chief Filippo Grandi mentioned greater than 150,000 Ukrainian refugees have crossed into neighbouring nations -- half to Poland, others to Hungary, Moldova and Romania.
U.S. President Joe Biden accredited the discharge of as much as $350 million price of weapons from U.S. shares, whereas Germany, in a shift from its long-standing coverage of not exporting weapons to struggle zones, mentioned it could ship anti-tank weapons and surface-to-air missiles.
(Reporting by Maria Tsvetkova, Aleksandar Vasovic and Natalia Zinets in Kyiv; Alan Charlish in Medyka, Poland; Fedja Grulovic in Sighetu Marmatiei, Romania; and Reuters bureaus; Writing by Robert Birsel, Gareth Jones and Alex Richardson; Modifying by William Mallard, David Clarke, Alison Williams and Daniel Wallis)

Ukrainian servicemen stroll at fragments of a downed plane seen in in Kyiv, Ukraine, Friday, Feb. 25, 2022. It was unclear what aicraft crashed and what introduced it down amid the Russian invasion in Ukraine Russia is urgent its invasion of Ukraine to the outskirts of the capital after unleashing airstrikes on cities and navy bases and sending in troops and tanks from three sides. (AP Picture/Oleksandr Ratushniak)

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