Important Takeaways:
- Rick Scott: Biden Is Making Iran, Venezuela Our Partners ‘To Save our Economy’
- Broadcast of CNBC’s “Squawk Box,” Sen. Rick Scott (R-FL) criticized the Biden administration for reportedly looking to boost energy production in Iran and Venezuela and stated that doing so would make the authoritarian Maduro regime and Iran’s dangerous regime partners “to save our economy” and argued that every day America waits to boost domestic energy production
- ”This idea that we’re going to go do business with Maduro, he’s killing his own citizen[s], or Iran, that wants to kill all the Jews and demolish Israel, we’re going to go — they’re going to be our partner to save our economy? Come on.”
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Important Takeaways:
- Energy Giant Shell Withdrawing From Russia, Will Stop Buying Moscow’s Oil And Gas
- The company had already announced it intends to end its involvement in the Nord Stream 2 pipeline project and exit its equity partnerships with Russia’s Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development, and the Gydan energy venture.
- Dozens of companies, including major oil sector firms such as BP and Exxon, have said they are exiting Russia as the West imposes tight sanctions on Russia as punishment for its aggression against Ukraine.
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Matthew 24:6 “And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.”
Important Takeaways:
- How many refugees have fled Ukraine and where are they going?
- More than 1.7 million civilians have fled Ukraine because of the Russian invasion, according to the United Nations (UN).
- The UN refugee agency has warned, with up to four million people fleeing the country in the coming weeks and months.
- Other European countries 157,056
- Poland 885,303
- Hungary 169,053
- Slovakia 113,967
- Moldova 84,067
- Romania 71,640
- Russia 53,300
- Belarus 406
- The EU has been swift and united in its response…It is expected to give Ukrainian refugees the right to live and work in all EU countries for up to three years. Ukrainians will also be able to work, access education and housing without having to claim asylum.
- Poland and Slovakia have asked the EU for help providing for refugees. As a result, Greece and Germany are sending tents, blankets and masks to Slovakia, while France is sending medicine and other medical equipment to Poland.
- Germany and Austria are offering free train travel to those seeking to reach their countries from Ukraine.
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Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”
Important Takeaways:
- Food prices jump 20.7% yr/yr to hit record high in Feb, U.N. agency says
- Higher food prices have contributed to a broader surge in inflation as economies recover from the coronavirus crisis and the FAO has warned that the higher costs are putting poorer populations at risk in countries reliant on imports.
- FAO said its vegetable oils index rose 8.5% month-on-month in February to chalk up another record high
- Ukraine and Russia account for about 80% of global exports of sunflower oil.
- The cereal price index rose 3.0% on the month, with maize prices up 5.1% and wheat prices increasing 2.1%
- AO’s dairy price index increased 6.4%, its sixth consecutive monthly rise, underpinned by tight global supplies
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Matthew 24:6 “And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.”
Important Takeaways:
- Moldova officially applies for EU membership
- Russia’s invasion of Ukraine has triggered fears among ex-Soviet countries that they may be next.
- Moldova has officially applied for membership of the European Union, a week after Russia’s invasion of Ukraine began.
- The announcement came after the European Parliament expressed backing for a similar move by Kyiv.
- The application will be sent to Brussels in the coming days, the president said.
- Fellow ex-Soviet republic Georgia also formally applied for membership
- The West has expressed concerns that Moldova and Georgia risk becoming possible targets for the Kremlin after Ukraine.
- “We stand with Moldova and Georgia to defend their sovereignty and security,” French President Emmanuel Macron said last week
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Matthew 24:6 “And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.”
Important Takeaways:
- Russia says West arming Ukraine will cause ‘global collapse’ in chilling warning
- Vladimir Putin has demanded Ukraine recognize Russia’s claim to Crimea and acknowledges Donetsk and Lugansk as independent states if the war is to end.
- Ukraine must also lay down their arms and distance themselves from NATO.
- The demands come after reports Kremlin troops are preparing for a fresh attempt to seize Kyiv.
- Sending foreign weapons to Ukraine will lead to a “global collapse,” Russia’s foreign ministry has warned.
- Sergey Lavrov, Russia’s Foreign Minister, said western powers sending mercenaries and military equipment to the front lines would be a “catastrophic development.”
- Ukrainian President Vlodomyr Zelensky has vowed revenge after photos of a fleeing family lying dead in the street as Russian forces shelled Irpin shocked the world.
- In a fiery address on Sunday, Volodymyr Zelensky promised a day of judgement after the deaths of evacuating Ukrainians.
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Matthew 24:6 “And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.”
Important Takeaways:
- Russians Announce US-Iran Deal as Tanks Roll Across Europe
- A senior Russian official announced on Thursday that a new nuclear deal with Iran will be announced within 24 to 48 hours, signaling the Biden administration’s continued reliance on and cooperation with Moscow even as it wages a full-scale war in Ukraine.
- The terms of the deal remain unknown as the Biden administration has sought to cut Congress out of the deal and prevent it from performing its legally mandated oversight. Under the Iran Nuclear Agreement Review Act of 2015, Congress must give its approval of any new agreement with Iran.
- Mostafa Khoshcheshm, one of the Iran negotiating team’s advisers, told the country’s state-controlled press on Thursday that “the U.S. has accepted Iran’s conditions to reach an agreement.”
- Khoshcheshm claimed that the Ukraine conflict has forced the Biden administration to “retreat” from its tough negotiation stance.
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Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”
Important Takeaways:
- Wheat prices soar to highest since 2008 on potential Russia supply hit
- The grain traded “limit up” during the day, meaning to the highest amount the price of a commodity is allowed to increase in a single day.
- Russia is the largest exporter of wheat and Ukraine is among the four biggest exporters of the commodity, according to JPMorgan.
- Of the 207 million ton international wheat trade, 17% comes from Russia and 12% comes from Ukraine, according to Bank of America.
- “Wheat and corn are the most exposed agricultural markets to any potential escalation in tensions”
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Matthew 24:6 “And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.”
Important Takeaways:
- Russian Fleet Approach Has Ukraine’s Port City Odesa Bracing
- With a naval fleet reported near the Ukrainian city of Odesa and the city of Kherson taken, it’s increasingly clear that Russia’s invasion is gaining pace in the country’s open and hard-to-defend coastal plains, even as its advance is slowed in the north
- Other troops from Crimea moved west to Kherson and Mykolaiv, the last significant town before the historic port city of Odesa and potentially — if the arrows on a campaign map shown in video footage behind Belarus President Alexander Lukashenko are to be believed – the neighboring ex-Soviet republic of Moldova. The map suggests a force landing east of Odesa and driving directly north, before head west through Transnistria.
- Russian defense specialist for Chatham House Mathieu Boulegue said here were signs — including Russian attacks on communications infrastructure in Kyiv, and the spread of false declarations of capitulation online — that Russia will bring its full cyber warfare capabilities and air power to bear in the coming days.
- That could rupture communications between Ukraine’s commanders and defenses across the eastern half of a nation roughly the size of France, as well as their ability to move food and new weapons supplies from Europe and the U.S. to the places they’re needed
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Matthew 24:6 “And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.”
Important Takeaways:
- Ukraine Refugee Count Hits 1 Million+ as Russia’s Invasion Rolls On
- The surge in refugees follows the Russian capturing of the Ukrainian city of Kherson, the bombing of Kharkiv – where Russian forces have been accused of using devastating cluster bombs – as well as the ongoing siege of Kyiv and attacks across the East of Ukraine.
- Filippo Grandi, the United Nations High Commissioner for Refugees released via Twitter that “in just seven days we have witnessed the exodus of one million refugees from Ukraine to neighboring countries.”
- The U.N. informed the Associated Press more than two percent of Ukraine’s population had begun to flee the war-torn nation
- Russia has reported nearly 500 soldiers dead alongside 1,600 casualties. The Ukrainian government however disputes this and suggests Russia has suffered as many as 9000 casualties – which presumably includes both injured and killed troops.
- Kyiv has also suggested that Russia has lost 217 tanks, and about 60 aircraft including warplanes and helicopters, but these numbers also have not yet been independently verified.
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