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Friday, February 25, 2022

Daily Digest 2/25 – Russia Reaches Kyiv; World Economy Threatened; Commodity Prices Surge; Energy Shock; Bird Flu; J&J Settles Opioid Case

Russia

Russia Reaches Kyiv
Ukraine says it hands out 18,000 machine guns to Kyiv volunteers.

 

Putin’s New World Disorder
Vladimir Putin’s invasion of Ukraine early Thursday marks the failure of Western deterrence and a return to the age of authoritarian conquest. Now we’ll see if Europe and the U.S. awaken from their illusions of eternal post-Cold War peace and security to address the new world disorder.

 

Economy

How war in Ukraine threatens the world’s economic recovery
Bloomberg Economics examines how the conflict could impact growth, inflation and monetary policy.

 

Wheat, Corn And Soybean Prices Surge and Fears of Higher Food Prices
The region is a top producer of important grains.

 

Dow Jones Rallies As Russia Enters Kyiv 
The Dow Jones Industrial Average rallied Friday, as Russian military units reportedly entered the Ukraine capital of Kyiv. The major stock indexes looked to add to Thursday’s stunning stock market rebound.

 

Energy

The Coming Energy Shock
Russia is the world’s No. 3 exporter of oil, and its No. 2 exporter of natural gas. If Western countries respond to Russia’s invasion by imposing sanctions, Russia’s obvious countermove is to retaliate by cutting back fuel sales.

 

Health

Drug distributors, J&J agree to finalize $26 bln opioid settlement
The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement resolving claims by states and local governments that they helped fuel the U.S. opioid epidemic.

 

Resilience

Highly Pathogenic Avian Influenza Detected in Delaware Wild Birds
Cases of Eurasian H5 Highly Pathogenic Avian Influenza (HPAI) were detected in wild birds in Delaware in recent days, as the bird flu continues to spread in the United States.

 

6 in 10 ‘couldn’t cope’ without smartphone for a day; 1 in 8 suffer anxiety from low battery!
Two in three (68%) rely on their phones to take photos, while 64 percent use it to check the time and 62 percent are constantly looking up weather forecasts. Another 13 percent confess they can’t even find their way to work without a phone showing them a map!

 

Calorie restriction yields ‘remarkable’ health benefits that can lead to longer lifespan
Researchers at Yale University concluded the first controlled study of the dietary regimen in healthy humans to determine if it is indeed as beneficial for people. Results confirm that calorie restriction in humans leads to “remarkable” long-term health benefits.

The post Daily Digest 2/25 – Russia Reaches Kyiv; World Economy Threatened; Commodity Prices Surge; Energy Shock; Bird Flu; J&J Settles Opioid Case appeared first on Peak Prosperity.



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