Three weeks into the war, Russia’s bombardment of Ukraine’s cities continues. Most people are thought to have survived an attack on a theatre in Mariupol, a besieged southern port, in which more than 1,000 women and children were sheltering. In Kyiv, the capital, one person died after a missile struck a block of flats.
Russia claimed to have met a deadline to pay $117m to investors in two dollar-denominated sovereign bonds, averting a default, though whether the money had reached them remained unclear. Severe Western sanctions have left Russia struggling to service its debt in dollars. Many Western firms have also pulled out of Russia.
The Economist is following the conflict closely. Our coverage below describes what’s at stake and what might happen next.
