(Bloomberg) Russia’s neighbor Finland will focus on defense as its no. 1 priority, whether the Nordic nation joins the NATO defense alliance or not, according to Finance Minister Annika Saarikko.
(Bloomberg)
President Volodymyr Zelenskiy responded after a Russian general said Moscow aims to seize control of eastern and southern Ukraine, including critical Black Sea ports. German Chancellor Olaf Scholz said his top priority was to avoid a war with nuclear-armed Russia.
(Bloomberg) Senior U.S. officials are renewing a push for sanctions against billionaire Roman Abramovich after the Russian tycoon’s recent trip to Kyiv to revive peace talks failed to achieve a breakthrough.
(Bloomberg) Russia’s race to avoid default just escalated.
The country has been inching closer after JPMorgan Chase & Co., under orders from the U.S. Department of the Treasury, halted interest payments the country owed on two dollar-denominated bonds in recent weeks.
(Bloomberg) Finance ministers and central bankers from the Group of Seven nations say that want to isolate Russia from the global economy for its unprovoked “war of aggression” in Ukraine, and that sanctions “are already having the intended massive impact.