EU Discusses Sanctions on Tycoons; Dollar Surges: Ukraine Update

(Bloomberg) — Officials from Kyiv will meet Russian counterparts at the Belarus border, hours after President Vladimir Putin put Russia’s nuclear forces on higher alert and even as fighting continues inside Ukraine. 

Ukrainian President Volodymyr Zelenskiy voiced skepticism that talks would yield results but said he was willing to try if it meant any chance of peace. U.S. citizens were advised to consider leaving Russia immediately. Two Ukrainian facilities containing nuclear waste have been damaged in the Russian attack and international monitors are awaiting radiation measurements from local authorities, warning of the risks to human health and the environment. 

The U.S. and its European allies stepped up their response to the escalating conflict, announcing plans to sanction the central bank in Moscow and cut off various Russian lenders from the critical SWIFT financial messaging system. The dollar was rising against virtually every peer as…

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