The White House says an invasion of Ukraine could occur at any moment
This comes as the Biden administration weighs up new options… including providing further military assistance to Ukraine.
This is all in an attempt to prevent Russia from staging a full-scale invasion and occupation of the nation.
Last week, the US and its allies met with officials from the Kremlin… but these talks resulted in no significant breakthroughs… and Russia has continued to raise its presence over the last few days.
Meanwhile, US Secretary of State Antony Blinken and his Russian counterpart will meet in Geneva on Friday.
White House Press Secretary Jen Psaki says the situation is at breaking point.
“We believe we’re now at a stage where Russia could at any point launch an attack on Ukraine. I would say that’s more stark than we have been,” Psaki said during her daily press briefing.
“It is the choice of President Putin and the Russians to make whether they are going to suffer severe economic consequences or not.”
U.S. stocks plunge – markets have biggest daily drop in 2 years
U.S. markets have had their biggest daily drop in almost two years, as investors evaluate the impacts of higher prices on earnings and the possibility of monetary policy tightening
The S&P 500 dropped by 4 per cent, while the Nasdaq fell the most amongst other major benchmarks.
Meanwhile, retailer Target down was down more than 20 points in its worst performance since 1987, and Apple and Amazon.com both slid.
The U.S. dollar rose against all Group-of-10 counterparts, except the yen and Swiss franc.
The S&P is slowly emerging from its longest slump since 2011, but rebounds are fragile amid tightening policy, the war in Ukraine and lockdowns in China.
It comes as Federal Reserve Chair Jerome Powell warns U.S. central bank will raise interest rates until there is “clear and convincing” evidence inflation is in retreat.
Looking to other parts of the world, and Europe saw new-vehicle sales shrink for a 10th month in a row.
Over in the United Kingdom, inflation rose to its highest level since Margaret Thatcher’s reign 40 years ago.
NATO ties – Sweden receives full backing from U.S.
Just days after announcing its intentions to join NATO, Sweden has received full backing from the United States.
U.S. Defence Secretary Llyod Austin welcomed his Swedish counterpart to the Pentagon, in a show of solidarity between the two nations.
Austin says the United States says Sweden’s membership to the alliance will make all member nations safer and more secure.
Both Finland and Sweden formally applied to join the strategic alliance on Wednesday, but still face objections from Turkey.
The whole membership process is expected to take just a few weeks, but ratification by all allied parliaments could take up to a year.
It signifies one of the most significant shake-ups of European security architecture not seen since the Cold War.
The two nations remained neutral throughout this period in history, despite Finland sharing a 1,300 kilometre border with Russia.
Sweden says Russian propaganda can no longer hide the nation’s war crimes… and believes now more than ever, democracies must stand together against Moscow’s increasing aggression.
NATO Secretary-General Jen Stoltenberg says this is an historic moment which must be seized, warmly requesting the requests from both meetings at the alliance headquarters.
Both Sweden and Finland handed over their application letters, each envelope embossed with their national flag.
Zelensky extends Ukraine’s martial law by 90 days
With the war in Ukraine showing little to no signs of slowing down anytime soon, Volodymyr Zelensky has moved to extend his nation’s martial law by 90 days
The required documents have now been sent to the Ukrainian parliament for consideration, requiring approval by at least half of all lawmakers.
The first round of martial law was initiated on February 24, the day Putin declared war over the country.
This marks the beginning of a new stage of the conflict, with Ukraine’s defence minister hoping to arm one million fighters – as the nation prepares for the long haul.
So what does a martial law ruling actually mean for Ukrainians?
Well, it gives those in positions of military leadership more power to intervene in the lives of civilians, introducing curfews, conducting searches of private property without notice and even banning travel.
Residents also lose a number of fundamental rights including the right to receive education, the right to work and freedom of movement.
Men aged between 18 and 60 have also been banned from leaving the country.
U.S. soccer agrees to equal pay for men and women, in historic deal
Reports of discrimination against pregnant and disabled workers at Amazon
Underground bitcoin mining surges in China amid ban
What is happening between SHIB and Vitalik? | TICKER VIEWS
Move over Dogecoin, SHIB coin is here
Russia has cancelled itself. But the world should beware of poking the Russian bear￼
Trending on Ticker
Crypto3 days ago
Tax offices to crack down on cryptocurrency
Media3 days ago
How Eurovision was targeted by pro-Russian hackers
World3 days ago
Russia’s “grave concerns” over Finland, Sweden NATO ambitions
Tech2 days ago
Apple users frustrated at company’s new policy
Business2 days ago
Your next Uber Eats could be delivered by this robot
Sport3 days ago
Rugby World Cup player arrested
Ukraine Crisis2 days ago
Fighters evacuated from Azovstal as explosions shock Lviv
World3 days ago
Will Melania Trump be First Lady again?