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The Central African Republic adopted bitcoin as an official currency. The premier of the British Virgin Islands was arrested by US agents on drug trafficking and money laundering charges. South Africa reports a fifth wave of COVID-19 infections. Analysis: Ukraine War Update: Kyiv Strikes, Mariupol Evacuation, War Funding.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region.

Analysis: Ukraine War Update: Kyiv Strikes, Mariupol Evacuation, War Funding

In a press conference with Ukrainian President Zelensky, UN Secretary-General Guterres said the UN Security Council failed in its efforts to prevent Russia's war on Ukraine. "Let me be very clear: the Security Council failed to do everything in its power to prevent and end this war. And this is the source of great disappointment, frustration and anger.”

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