Ukrainians said on Wednesday they were battling on in the port of Kherson, the first sizeable city Russia claimed to have seized, while air strikes and bombardment caused further devastation in other cities, especially Kharkiv in the east.
- Macro MattersGlobal banks eschew risk as they navigate Russia sanctions quagmire
Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with all Russian entities and dropping clients if there is even a slight doubt on their ties to that country, said bankers and lawyers.
- BusinessWall St rallies over 1% as Powell says rate hikes on track, article with gallery
U.S. stock indexes rallied more than 1% on Wednesday as Federal Reserve Chair Jerome Powell signaled the central bank would start raising rates this month, although at a steady pace in the wake of the ongoing Ukraine crisis.
- Environment'Biggest green deal since Paris': UN agrees plastic treaty roadmap
The United Nations approved a landmark agreement to create the world's first ever global plastic pollution treaty on Wednesday, describing it as the most significant environmental deal since the 2015 Paris climate accord.
Ukraine Latest
Pictures
- Inside the battle for Ukraine, article with imagePictures ·
March 2, 2022 · 2:15 PM UTC The invasion of Ukraine from three sides is the biggest assault on a European state since World War Two.