The rate hike, the central bank said, “is designed to offset increased risk of ruble depreciation and inflation.” Source: Russia central bank more than doubles key interest rate to 20% to boost sinking ruble
Category: CNBC
U.S. stock futures moved lower early on Monday as investors fear the economic ramifications of the fighting between Russia and Ukraine. Source: Dow futures fall more than 300 points as traders assess ripple effects of Russia sanctions
The WHO said trucks are unable to transport oxygen supplies from plants to hospitals across Ukraine, putting thousands of more lives at risk. Source: Ukraine hospitals could run out of oxygen supplies in 24 hours as war disrupts health services, WHO says