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Citigroup had plans to leave Russia in April 2021 due to a general exit from some overseas markets but took extra measures in March 2022. Actions to facilitate the wind-down of consumer and local commercial banking will start this quarter. "In connection with the wind-down plan announced today, Citi expects to incur approximately $170 million in costs, primarily over the next 18 months, largely driven by restructuring, vendor termination fees and other related charges," the company said in a statement.
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Wednesday, July 22
(Updated: )
Blackouts were reported throughout occupied Crimea, and massive fires broke out in several southern Russian cities amid Ukrainian strikes on retail logistics facilities overnight on July 22, according to monitoring channels.
Tuesday, July 21
(Updated: )
Russia occupied and illegally annexed Crimea in 2014. In recent months, Ukrainian forces have increasingly targeted power substations, bridges, ferry crossings, air defenses, military logistics routes, and Russian vessels in the Black and Azov seas as part of a broader campaign to isolate Crimea.
"It is really important that Laura Loomer is in Ukraine and sees things with her own eyes as they are," Zelensky's office said.
"Cultural events funded by European taxpayers' money should safeguard democratic values and foster open dialogue, diversity, and freedom of expression — values which are not respected in today's Russia," European Commission spokesperson Thomas Regnier said.
The Washington-based lender called Ukraine's performance "broadly satisfactory" in a press release announcing its approval, but emphasized that several conditions of the program were either completed with a delay or missed entirely.
Striking both the fighter jet and the Pantsir-S1 weakens Russia's ability to protect military sites from Ukrainian attacks.
Sumy came under repeated Russian strikes, reflecting Moscow's growing use of double-tap attacks, which cause further destruction and put both civilians and rescuers at risk.
The figure includes 1,370 personnel losses recorded over the past day.
Fires broke out at industrial facilities in the Russian city of Lipetsk after reports of an overnight attack, with independent monitoring channels claiming the affected sites included a major steel plant and a power facility.
