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Ukraine reports damage to two nuclear waste facilities

  Bloomberg Two Ukrainian facilities containing nuclear waste suffered damage amid Russia’s now four-day-old invasion, international monitors reported. Missiles hit a radioactive waste-disposal site in Kyiv, and an electrical transformer was damaged in a similar depot in Kharkiv, according to an email from the International Atomic Energy Agency. Inspectors are still awaiting radiation measurements from local authorities to determine the ...

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China’s muddled Ukraine response feeds domestic debate

Bloomberg As China holds off in publicly criticizing Russian President Vladimir Putin’s invasion of Ukraine, a rare debate has emerged on Chinese social media over the military action by a close diplomatic partner. Images of global anti-war protests — including in Russia— circulated on China’s Twitter-like Weibo over the weekend, as Putin’s forces shelled Ukrainian cities. Articles mocking Russia’s limited ...

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ECB’s Centeno can’t rule out stagflation amid Russia attack

  Bloomberg The euro zone could be vulnerable to stagflation in the wake of the Russian attack on Ukraine, according to European Central Bank Governing Council member Mario Centeno. The Portuguese governor, speaking in an interview in Lisbon on Monday, said he favours continuing the monetary policy “normalization” flagged by officials in recent weeks, though he acknowledged that the conflict ...

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