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LIVE: Bloomberg Quicktake Latest News for March 22
Posted
March 22, 2022
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March 22, 2022
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Now Playing(Mar. 22) Russia’s parliament voted to expand a law targeting the publication of “fake” news that has already chilled news reporting from the country, while a Russian court sentenced jailed opposition leader Alexey Navalny to another nine years in jail.
Ukraine President Volodymyr Zelenskiy said Ukrainian forces were still holding Russian troops at bay on many fronts. The invasion has driven 10 million people -- nearly a quarter of Ukraine’s population -- from their homes, according to the United Nations. About 3.4 million have fled to other countries such as Poland.
Ahead of this week’s European Union summit, Germany and Hungary are putting the brakes on a potential embargo on Russian oil, deepening differences in the bloc over how to further punish Moscow. Germany relies on Russia for about a third of its oil. The Kremlin has warned that such measures would “hit everyone,” especially Europeans.
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