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Citi expands its exit from Russia

4 years 7 months ago
Citigroup, the major US bank with the biggest footprint in Russia, said Monday it will expand its exit from Russia to go beyond the long-planned sale of its consumer bank there.

China's new Covid lockdowns are another threat to the economy

4 years 7 months ago
Russia's war in Ukraine is roiling the global economy as policymakers race to get high inflation under control. But China's response to its worst outbreak of Covid-19 in two years is a reminder that the conflict isn't the only risk to the recovery.
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