IBT Staff Reporter

Apollo Global Management Inc Chief Executive Marc Rowan said on Tuesday that Russia's invasion of Ukraine could temper interest rate rises by central banks and that he expected inflation to slow down in the long term.

Before Russia's invasion of Ukraine, U.S. intelligence had predicted a blistering assault by Moscow that would quickly mobilize the vast Russian air power that its military assembled in order to dominate Ukraine's skies.

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As Russian rockets pounded targets in eastern Ukraine, men of fighting age lined up for hours outside gun shops in the western city of Lviv on Tuesday to buy hunting rifles and shotguns to protect their communities.

The congressional committee investigating the deadly Jan.

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Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialise amid disarray among the criminal underworld often behind such attacks and fears insurers would not pay out.

U.S. Senate Republican leader Mitch McConnell said on Tuesday that Republicans largely support President Joe Biden's actions toward Russia over its invasion of Ukraine, but that lawmakers have hit a snag in efforts to agree on aid to Kyiv.

Ukraine war brings Sweden, Finland even closer to NATO

U.S. regulators can largely use existing laws to bring digital assets such as cryptocurrencies under their supervision without new congressional legislation, one of Washington's most influential liberal think tanks said on Tuesday.

Low-profile Russian air force puzzles Western experts

Several hundred Hungarians rallied in central Budapest on Tuesday to protest against the Russian invasion of Ukraine, which has sent tens of thousands of refugees across the border, with most of them fleeing towards Western Europe.

U.S. traders in the nation's largest oil hubs have cautiously put imports from Russian companies on hold, even though the White House has said oil sales are not the target of sanctions.

The U.S. Federal Reserve and some of its major central banking peers will press ahead with lifting interest rates this month, money markets suggest, even as a war on Europe's eastern flank complicates the picture for inflation and economic growth.

U.S. investors holding Russian assets are finding themselves in an increasingly difficult position on working out how to ditch them.

Kneeling down with a can of white spray paint in his hand the mayor of the Lithuanian capitol Vilnius sprayed "Putin, the Hague is waiting for you" on a road opposite the Russian embassy in the city this week.

Bank of England policymaker Michael Saunders said Russia's invasion of Ukraine is likely to push Britain's soaring inflation higher, but that it is too soon to determine the impact on monetary policy.

The National Bank of Hungary (NBH) is ready to intervene "at any moment" with all tools at its disposal to ensure the stability of local financial markets, it said in a reply to Reuters questions on Tuesday, reining in the forint from record lows.

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Russian classical music stars under pressure over Ukraine war

U.S. banks' exposures to Russia may not be fully understood by investors due to a lack of transparency in disclosures made so far, and banks that get significant revenue from global operations could take a hit in the long run, analysts said.

Meta Platforms is globally demoting content from Russian state-controlled media outlets' Facebook pages and Instagram accounts, as well as posts containing links to those outlets on Facebook, the company's head of global affairs Nick Clegg said on Tuesday.

Meta Platforms is globally demoting content from Russian state-controlled media outlets' Facebook pages and Instagram accounts, as well as posts containing links to those outlets on Facebook, the company's head of global affairs said on Tuesday.

Canada has decided to shut its ports to Russian-owned ships later this week in response to Moscow's invasion of Ukraine, Transport Minister Omar Alghabra said on Tuesday.

Canada ratcheted up pressure on Russia on Tuesday for its invasion of Ukraine by shutting ports to Russian-owned ships and saying that holdings of all Russian oligarchs and companies in the country are under review.

Afghanistan, Myanmar to vote against Russia at UN

The potential for disruptions to Russian commodity supplies has thrown a spotlight on the metal used in the aerospace, marine and auto industries.