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Russian military officials call for “total control” of the Donbas and southern Ukraine. US Fed Chair Powell signals a half-point rate increase in May. Shanghai extends its COVID-19 lockdown. Analysis: Ukraine War Update: International Aid Surge, No Easter Ceasefire, Transnistria Warning.

Condition Updates

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

Analysis: Ukraine War Update: International Aid Surge, No Easter Ceasefire, Transnistria Warning.

With Russia’s launch of the Donbas offensive, there is new urgency among allies to provide Ukraine with money, weapons and political support to stave off Russia. The debate over offensive verses defensive equipment is in the rearview mirror with countries no longer paralyzed by the risk of the Kremlin attacking a NATO country. The focus is on getting equipment to the battlefield immediately, rapid training programs for Ukrainian trainers for more modern military hardware and putting planning in place so that a sustainable war supply program can be built. While negotiations are continuing at the working level, foreign leaders assess that Russian President Putin remains focused on achieving his agenda through war.

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