There's A Bunch Of Bad News Going On
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Reuters
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Good morning, there's a bunch of bad news!
Here's a really quick skim:
- Ukraine's Prime Minister says that Russian troops have officially invaded his country.
- There's more bad economic data out of Europe. Confidence is collapsing.
- Yields on European government debt continue to plunge.
- Markets are down across the board.
- There are new fears about a major volcanic eruption in Iceland.
- The World Health Organization says that there could be as many as 20,000 Ebola victims before the current.
- This one isn't really "bad" news, but a Member of Parliament David Cameron's conservative party in the UK has defected to anti-EU party UKIP, a shocking blow.
Of the stories, probably the biggest news is the Ukraine invasion. Read more about that here.
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- Sensex-Nifty open in negative zone as global cues remain muted
- DRDO to collaborate with IIT Bhubaneswar for AI-driven surveillance, other projects
- AstraZeneca withdraws COVID-19 vaccine worldwide, cites commercial reasons
- Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24
- Air India Express cancels flights due to cabin crew shortage: Sources