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Russia attacks Ukraine in “dark day” as financial markets react

Ukraine’s President Volodymyr Zelensky has placed his country under martial law and the country’s foreign minister tweeted that it was “a full-scale attack from multiple directions.”

“The United States and its allies and allies will respond in a united and decisive manner,” warned Joe Biden.

Justin Trudeau tweeted to condemn the attacks, saying it was a “clear violation of Ukraine’s sovereignty and territorial integrity” and violated international law and the United Nations Charter.

market reaction

World currency markets have reacted with equities falling and gold hitting its highest value in more than a year.

Ongoing global concerns around inflation have worsened as oil surges above $100, putting increasing pressure on energy, manufacturing and consumer prices, while other commodity futures are at a premium.

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