Fwd: ‘War criminal’

---------- Forwarded message --------- From: Bloomberg Date: Wed, Mar 16, 2022 at 6:28 PM Subject: ‘War criminal’ To: Bloomberg Evening Briefing https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... View in browser https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... [image: Bloomberg] https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... President Joe Biden said the U.S. would send Ukraine drones as well as thousands of anti-aircraft and anti-tank missiles https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3..., a pledge of a robust new package https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... to fight Russia’s invasion that followed an emotional appeal by Ukraine’s leader, Volodymyr Zelenskiy. Biden accused Vladimir Putin’s forces of committing “atrocities” including attacking civilian areas https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3.... Hours earlier, Russian forces bombed a theater in Mariupol sheltering hundreds of civilians, according to the city council there. The Kremlin denies targeting civilians. “Putin is afflicting appalling, appalling devastation and horror on Ukraine,” Biden said Wednesday at the White House, adding “it’s god awful.” Biden later called Putin a “war criminal.” https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... The daughter of Rostyslav Romanchuk stands by his coffin during a funeral for him and three other Ukrainians on March 15 in Lviv. The men were killed in a Russian airstrike on the International Center for Peacekeeping and Security, just a few miles from the Polish border. *Photographer: Alexey Furman/Getty Images Europe* Russian soldiers reportedly killed Ukrainian civilians waiting in a bread line https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... in the encircled city of Chernihiv, though the Kremlin denied it https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3.... Rockets hit a convoy of civilians who were trying to evacuate from Mariupol to Zaporizhzhia, according to Ukrainian officials who said children were among the casualties. Rubble covered a street in Kyiv on March 15 after another night of attacks by Russian forces. Millions have fled and hundreds of civilians are confirmed to have been killed, though the actual number is likely higher. *Photographer: SOPA Images/LightRocket* In his speech to Congress https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3..., Zelenskiy urged the U.S. to close its ports to all Russian goods and provide Ukraine with fighter jets, something western officials have rejected in part to avoid broader escalation by Moscow. After showing lawmakers a graphic video of Ukrainian casualties, including children injured and killed by Russian soldiers, Zelenskiy addressed Biden directly in English: “Being the leader of the world means to be the leader of peace.” Members of the Ukrainian military take part in tactical exercises near the western city of Lviv on March 16. *Photographer: Yuriy Dyachyshyn/AFP* Russian forces continue to strike infrastructure targets https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... on Wednesday while the overall military situation is largely unchanged, Ukraine said. Russia’s Defense Ministry said its forces are advancing through urban areas in the Luhansk region. After three weeks of war with no major cities captured, Putin’s forces continue to pound cities and residential areas already decimated by earlier strikes. In Moscow, Putin threatened to cleanse Russia of “scum and traitors https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3...” he accuses of working covertly with western allies. With sanctions biting https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... and Putin’s war effort hampered by strong resistance, the Biden administration warned him against using weapons of mass destruction https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3..., such as chemical and biological agents. Analysts worry though that the potential for nuclear conflict, while small, may become greater https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... as Moscow’s losses mount. *—David E. Rovella https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly90d2...* *Bloomberg is tracking the coronavirus pandemic https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... and the progress of global vaccination efforts https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3....* Here are today’s top stories *Sanctions are causing* a shortage of microchips in Russia. Meanwhile, the U.S. and Europe are spending billions of dollars in a race with China that could easily backfire. The global fight over chips, in other words, is about to get even worse https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . *As expected, *the U.S. Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this year https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3.... It was the first increase since 2018 and comes after two years of holding borrowing costs near zero to insulate the economy from the coronavirus pandemic. Guggenheim Partners Chief Investment Officer Scott Minerd argued that the Fed is an “inflation panic https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3....” For his part, Fed Chair Jerome Powell scoffed https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... at any talk of a recession. Here’s your markets wrap https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... Jerome Powell during a Senate hearing in Washington on March 3 *Photographer: Jonathan Ernst/Reuters* *In Asia*, where the omicron variants are raging, crematoriums https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... in Hong Kong are straining under the pressure of the world’s highest Covid-19 death rate while a lockdown in nearby Shenzhen risks causing a shortage of coffins. Rising infections in Europe tied to the omicron subvariant may soon augur an uptick https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... in U.S. infections, but Republicans in Congress are blocking https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... Biden administration requests for more money to fight the coronavirus. Here’s the latest on the pandemic https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . *China made a strong push* to stabilize battered financial markets, promising to ease a regulatory crackdown, support property and technology companies and stimulate the economy https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3.... After a brutal 12 months for Chinese equities, Wednesday’s session was looking like a tepid bounce off of multi-year lows until the headlines rolled in from Beijing. Then greed quickly replaced the panicked selling of the past few days https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... A securities brokerage in Shanghai *Photographer: Qilai Shen/Bloomberg* *But as Chinese stocks surge*, the U.S. is maintaining a hard line on listings. A federal accounting watchdog is insisting that Beijing provide complete access to audits of Chinese companies that trade in New York, setting a high bar https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... for any deal that allows the firms to maintain their American listings. *Europe’s energy traders* are lobbying central banks and governments for urgent funding as the industry faces cash-calls running into the billions of dollars due to soaring commodity prices https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . *Robinhood Market’s plan* to let users loan out their stocks to other financial institutions—a program known as fully paid securities lending— is taking shape, part of a push to compete with more conventional brokerages https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... What you’ll need to know tomorrow - *Bloomberg Opinion*: The silver lining https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... with your stock market losses. - Greenwashing is increasingly making ESG investing a moot strategy https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . - Germany weighs Norway hydrogen pipeline to avoid Russian energy https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . - This rich Russian built a NYC powerbase. Then he lost it just like that https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . - Superyachts have been detained in Spain and denied fuel in Norway https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . - The Pentagon has cut its request https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... for Lockheed’s F-35s by 35%. - Netflix tests charging some customers more for password sharing https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... . https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... Italy’s World Famous Olive Trees Are Dying https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... Italy’s tourism industry, which took a heavy battering from Covid-driven travel restrictions, is now faced with the loss of one of its most popular natural attractions. A spreading disease may kill hundreds of thousands of ancient olive trees https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3.... Even worse, some 20 million of the country’s 150 million olive trees may be infected. https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... A September 2019 drone view of olive trees hit by the bacterium Xylella fastidiosa in Puglia, Italy. *Photographer: Flavio Massari/Alamy* *Like getting the Evening Briefing? **Subscribe to Bloomberg.com for **unlimited access* https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3...* to trusted, data-driven journalism and gain expert analysis from exclusive subscriber-only newsletters.* *Bloomberg Equality Summit*: *Join us for critical conversations about creating and maintaining a diverse, inclusive and equitable workforce. This year’s hybrid program will include an exclusive in-person event taking place in New York on March 22 and virtual discussions that will follow on March 23. Register here https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9ldm....* *Follow Us* https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9pbn... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly90d2... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly93d3... https://link.mail.bloombergbusiness.com/click/27051957.922182/aHR0cHM6Ly9zbG... *Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. 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