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Moscow Threatens Retaliation Over EU’s Frozen Asset Plans

  Russian service members attend a ceremony to receive new vehicles and military equipment handed over by the Russian movement "People's Front" for the military involved in Russia-Ukraine conflict. Russia has issued a stark warning to European nations amid reports that the European Union is exploring ways to use billions of dollars in frozen Russian assets to support Ukraine’s defense. The assets, valued between $300–$350 billion, were blocked by the U.S., EU, and UK following Moscow’s 2022 invasion of Ukraine, and are largely held in European securities depositories. European Commission President Ursula von der Leyen is reportedly considering a plan to channel cash from maturing Russian bonds held at the European Central Bank into a “Reparations Loan” for Ukraine. Former Russian president Dmitry Medvedev, now deputy chairman of Russia’s Security Council, vowed that Moscow would pursue any EU state attempting to seize its property “until the end of the century,” using ...
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Wall Street Stumbles Amid Inflation and Tariff Concerns

                                        

Wall Street faced a sharp downturn as fresh U.S. economic data reignited fears of inflation and tariff impacts. The S&P 500 dropped 1.97%, closing at 5,580.94 points, while the Nasdaq fell 2.70% to 17,322.99 points, and the Dow Jones Industrial Average declined 1.69% to 41,583.90 points.

The latest data revealed weaker-than-expected consumer spending in February, coupled with a significant rise in underlying prices—the highest in 13 months. Additionally, a University of Michigan survey highlighted soaring inflation expectations, reaching their highest levels in over two years.

These developments, combined with escalating tariff measures from the Trump administration, have heightened concerns about the economic outlook. Major tech stocks, including Amazon, Microsoft, and Apple, saw significant losses, reflecting broader market unease.

Market analysts warn that the inflationary effects of tariffs may intensify in the coming months, further complicating the Federal Reserve's monetary policy decisions. As uncertainty looms, businesses and investors are adopting a cautious stance, bracing for potential economic turbulence.

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