Latest news on Russia and the war in Ukraine

Ukraine’s war-torn economy could contract 40% this year, ministry warns

Ukraine’s economy contracted 16% year-on-year through the first three months of 2022, Reuters reported, citing preliminary estimates from the economy ministry.

It has also forecast that the economy could shrink by as much as 40% this year as a result of Russia’s unprovoked onslaught.

— Sam Meredith

Seven humanitarian corridors planned for evacuations on Saturday, Ukraine says

Ukraine’s Deputy Prime Minister Iryna Vereshchuk said seven humanitarian corridors to evacuate people from besieged areas of the country are planned for Saturday, according to Reuters.

The planned corridors reportedly include one for people evacuating by private transport from the city of Mariupol and by buses for Mariupol residents out of the city of Berdyansk, Vereshchuk said.

— Sam Meredith

Red Cross workers to renew attempt to help citizens trapped in the besieged city of Mariupol

A child is helped off a bus by humanitarian workers at the registration center in Zaporizhzhia, Ukraine.

Emre Caylak | AFP | Getty Images

A team of humanitarian workers from the Red Cross on Saturday will try again to reach Mariupol, aiming to facilitate the safe passage of citizens from the besieged port city.

A convoy was unable to reach the southeastern city on Friday, citing “impossible” arrangements and conditions.

“They will try again on Saturday to facilitate the safe passage of civilians from Mariupol,” the International Committee of the Red Cross said in a statement.

“For the operation to succeed, it is critical that the parties respect the agreements and provide the necessary conditions and security guarantees,” they added.

— Sam Meredith

Zelenskyy says Russian pull-out in north of Ukraine ‘noticeable,’ warns ‘difficult battles’ lie ahead

Ukraine’s President Volodymyr Zelenskyy arrives for a meeting with European Parliament President Roberta Metsola, as Russia’s attack on Ukraine continues, in Kyiv, Ukraine April 1, 2022.

Ukrainian Presidential Press Service | via Reuters

Ukraine President Volodymyr Zelenskyy has said the withdrawal of Russian forces in the north of the country is “slow but noticeable” and warned citizens that “difficult battles” are still to come as Russia’s onslaught persists.

In a Saturday morning video address delivered via Telegram, Zelenskyy also said Russian troops were creating a “complete catastrophe” as they withdraw from the territory by laying mines in houses, on equipment and on corpses. CNBC has not been able to independently verify this report.

“In the north of our country, the withdrawal of the occupiers continues. Slow but noticeable. In some parts, they are being expelled with fighting, in other parts they are leaving their positions themselves,” Zelenskyy said, according to a translation.

“We have difficult battles ahead. It is still impossible to think that we have already passed all the tests. We all want to win. But when it will be – everyone will see it. Everyone will feel that peace is coming.”

— Sam Meredith

Ukrainian troops continue to advance against withdrawing Russian forces near Kyiv, UK says

A child is helped off a bus by humanitarian workers at the registration center in Zaporizhzhia, Ukraine.

Emre Caylak | AFP | Getty Images

Ukrainian forces continue to advance against withdrawing Russian forces in the vicinity of Kyiv, according to British military intelligence.

Russian forces are also reported to have withdrawn from Hostomel Airport near Kyiv, which has been subject to fighting since the first day of the conflict, Britain’s Ministry of Defense said.

“In the east of Ukraine, Ukrainian forces have secured a key route in eastern Kharkiv after heavy fighting,” the ministry said. CNBC could not immediately verify the report.

— Sam Meredith

Read CNBC’s previous live coverage here

Read More: Latest news on Russia and the war in Ukraine

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