Communist China is seeing “unprecedented” cash outflows after Russia launched its invasion of Ukraine, the Institute of International Finance (IIF) has revealed.
International news agency Reuters has cut ties with Russian government-backed news outlet TASS, according to reports.
Pharmaceutical giant Pfizer has announced that it has recalled batches of its blood pressure drug products due to high levels of cancer-causing impurity.
British satellite communications company OneWeb has announced it will resume satellite launches with Elon Musk’s SpaceX after cutting ties with a Russian agency.
Russia admitted on Saturday that it has fired hypersonic missiles into Ukraine to destroy Ukrainian military assets.
Federal Reserve Bank of St. Louis President James Bullard is calling for the Fed to raise interest rates above three percent before the end of 2022.
Democrat President Joe Biden is scheduled to hold a call with Chinese Communist Party leader Xi Jinping on Friday.
Russian nationals living in Turkey are racing to open new bank accounts over fears they will lose their savings due to Western sanctions against Russia amid the invasion of Ukraine.
An evacuation of the city of Mariupol, Ukraine, is currently underway after multiple failed prior ceasefires amid the Russian invasion.
Russia has warned the United States that any convoys carrying weapons to Ukrainian forces are considered “legitimate targets” by the Russian military.