Three European prime ministers headed to Kyiv by train on Tuesday for the first visit of its kind since war began, even as buildings there were ablaze and rescue workers were trying to pull survivors from the rubble of fresh Russian bombardment.
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UniCredit could decide on a costly exit from Russia after its invasion of Ukraine, the Italian bank's CEO said on Tuesday, as Credit Suisse disclosed 4% of its wealth management assets are managed for Russian clients.
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China posted a steep jump in daily COVID-19 infections on Tuesday, with new cases more than doubling from a day earlier to hit a two-year high, raising concerns about the rising economic costs of its tough measures to contain the disease.
- United StatesAnalysis: With Raskin on thin ice, Biden may pick a moderate for Fed regulatory job
With Sarah Bloom Raskin's nomination to become the Federal Reserve's regulation chief in jeopardy, the White House may be forced to opt for a new moderate candidate or leave the post open for the foreseeable future.