Ukraine crisis: Scholz heads to Kyiv amid fears invasion is imminent

German chancellor is expected to talk about how to stabilise Ukraine's economy as tensions rock global stock markets

The German chancellor, Olaf Scholz, will travel to Kyiv on Monday as western leaders voiced concerns of a Russian invasion of Ukraine could happen at any moment, sending stock markets tumbling and the price of oil soaring.

On the eve of his departure, Scholz said that any Russia attack would lead to tough sanctions that we have carefully prepared and which we can immediately put into force".