Ukraine’s President Volodymyr Zelensky has placed his country under martial law and the country’s foreign minister tweeted that it was “a full-scale attack from multiple directions.”
latest update.
No, this is not just a Russian offensive east of Ukraine, but a full-scale attack from multiple directions.
No, the Ukrainian defense has not collapsed. The Ukrainian army fought. Ukraine stands with both feet on the ground and continues to defend itself.
— Dimitro Kuleba (@DmytroKuleba) February 24, 2022
“The United States and its allies and allies will respond in a united and decisive manner,” warned Joe Biden.
Justin Trudeau tweeted to condemn the attacks, saying it was a “clear violation of Ukraine’s sovereignty and territorial integrity” and violated international law and the United Nations Charter.
Canada strongly condemns Russia’s blatant attack on Ukraine. This unprovoked action is a clear violation of Ukraine’s sovereignty and territorial integrity and Russia’s obligations under international law and the Charter of the United Nations.
— Justin Trudeau (@JustinTrudeau) February 24, 2022
market reaction
World currency markets have reacted with equities falling and gold hitting its highest value in more than a year.
Ongoing global concerns around inflation have worsened as oil surges above $100, putting increasing pressure on energy, manufacturing and consumer prices, while other commodity futures are at a premium.
