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Finland formally announced plans to apply for NATO membership. South Korea plans to send COVID-19 vaccines to North Korea. Russia’s Gazprom cuts gas flows to Germany through the Yamal-Europe pipeline. Analysis: Ukraine War Update: NATO Expansion, Food Security, War Crimes.

Condition Updates

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

Analysis: Ukraine War Update: NATO Expansion, Food Security, War Crimes

The EU has called on member states to urgently find ways to transport essential agricultural goods from Ukraine via land routes to stabilize global food supplies. The EU now wants to increase the amount of goods crossing into the bloc and to reduce the amount of paperwork required. Romania has already allowed for Ukrainian goods to be transported from its port of Constanta.

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