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LIVE: Bloomberg Quicktake Latest News for March 1
Posted
March 1, 2022
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March 1, 2022
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23:19:23Now Playing(Mar. 1) Russia said it would press forward with its invasion of Ukraine until its goals are met, as troops were seen moving in a large convoy toward the capital, Kyiv. In the country’s second-largest city, Kharkiv, the mayor said residential areas were being bombed in what he called “a war to destroy the Ukrainian people.”
As penalties against Russia continued, the European Union identified seven Russian banks it’s considering excluding from the SWIFT messaging system. Meanwhile, a United Nations agency reported more than 100 civilian deaths, and said the actual number of casualties could be much higher.
Russia banned residents from transferring hard currency abroad, as President Vladimir Putin sought to counter the fresh sanctions walloping the economy. The European Union and Switzerland approved measures against some of Russia’s wealthiest tycoons, and Britain told ports not to service Russian-flagged vessels. Stocks in Europe tumbled and U.S. equity futures slipped.
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