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Russian stock market plunges 12-15%.

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The market is sinking as the Russian Security Council is considering recognizing the Russian-occupied regions of eastern Ukraine as independent states on live TV.

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The Kyiv Independent news desk

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"Russia is playing for time here, and in doing so is also acting against the will of the American president. In today's talks, I called for increasing the pressure on Moscow," German Chancellor Friedrich Merz said on March 3 after meeting with U.S. President Donald Trump.

The Ukrainian Institute of America (UIA) will convene technology innovators, defense experts, investors, policymakers, and scholars for a conference examining Ukraine’s emergence as a global driver of technological innovation under wartime conditions.

The committee was created by order of Lidia Izovitova, head of the association. Izovitova has faced criticism for allegedly being a protégé of pro-Kremlin politician Viktor Medvedchuk. Izovitova's tenure as head of the association ended in 2022, and she has been accused of holding her position illegally.

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