Russia-Ukraine War: What to know as Russians advance on Kyiv

A Russian military convoy threatening Kyiv is far bigger than initially thought, with satellite images from Monday showing it occupying much of a 40-mile (64-kilometer) stretch of road north of the Ukrainian capital. Explosions and gunfire were heard in embattled cities in eastern Ukraine as Russia’s invasion met unexpectedly stiff resistance. The Russian military assault…

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U.S. Officials: Sanctions Likely To Spike Russian Inflation, Hit Purchasing Power

U.S. Officials: Sanctions Likely To Spike Russian Inflation, Hit Purchasing Power

WASHINGTON (Reuters) – Fierce economic sanctions imposed by the United States and its allies on Russia’s central bank and other key sources of wealth are likely to drive Russian inflation higher, cripple its purchasing power drive down investments , U.S. officials said on Monday as new sanctions took effect. Russia’s central bank has been trying…

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