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LIVE: White House Press Secretary Jen Psaki Holds News Conference
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March 3, 2022
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41:48Now Playing(Mar. 3) Watch live as White House Press Secretary Jen Psaki holds a news briefing at the White House on Thursday, March 3, 2022, in Washington, D.C.
A second round of talks is under way between Russia and Ukraine, with prospects for a breakthrough unclear. Russian President Vladimir Putin had tough words on a call with France’s president.
Ukraine’s central bank delayed a scheduled rate decision until conditions normalize. Volkswagen and Ikea became the latest companies to suspend business in Russia as Kremlin forces pressed ahead with their offensive, firing missiles at Kyiv overnight and stepping up their campaign to take key cities on the Black Sea.
With more than a million refugees fleeing to neighboring countries, according to the United Nations, U.S. Secretary of State Antony Blinken will travel over the weekend to NATO member states neighboring Ukraine. The economic fallout for Russia continued to grow. Its central bank banned transferring coupon payments for sovereign debt temporarily, raising the risk for investors that the Kremlin could default. Crude oil hovered at multi-year highs.
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