U.S. stocks edged lower on Thursday on worries about the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, putting the main indexes on course for their worst quarter since the pandemic crash in 2020.
The International Monetary Fund (IMF) predicted Sunday that Russia will be moving towards a “deep recession” as a consequence of the trade sanctions imposed on Moscow after the invasion of Ukraine.
Baykar Defense, the Turkish company that manufactures the Bayraktar drones used to deadly effect by Ukraine’s defenders against the invading Russian army, on Tuesday, anticipated booming sales across Asia for its already sizzling-hot weapon system.