Overnight stock market
The world's major stock indexes rebounded collectively strongly on Friday, and after Russia released a détente signal, the sentiment in the US stock market was significantly boosted, with all three major stock indexes closing sharply higher for the second consecutive day, and the Dow and S&P 500 indexes both rose more than 2%.
Commodity markets
The most actively traded April gold futures price on the New York Mercantile Exchange gold futures market fell $38.7 from the previous session on the 25th, closing at $1887.6 an ounce, or 2.01%, and silver futures for May delivery fell 69.3 cents, or 2.80%, to close at $24.017 an ounce.
Market news
[Un Security Council failed to adopt draft resolution on the situation in Ukraine]
On February 25, local time, the United Nations Security Council voted on a draft resolution on the situation in Ukraine submitted by the United States and Albania. The resolution was not adopted because Russia voted down the draft. In the Security Council vote, 11 votes were in favour, 1 was vetoed and 3 abstentions. As Russia is a permanent member of the Council, the draft resolution could not be adopted.
[The Ukrainian General Staff announces the shooting down of a Russian Il-76 transport plane]
On the 26th local time, the Ukrainian General Staff released a message on the Facebook social platform that a Russian Il-76 transport aircraft carrying airborne troops was shot down in the Vasilekov area southwest of Kiev.
[President of Ukraine: France supports exclusion of Russia from the SWIFT system]
On the 26th local time, Ukraine Zelenskiy said that he had a conversation with French President Macron and confirmed that the French president supported the exclusion of Russia from the SWIFT financial trading system, and at the same time supported the inclusion of Russian President Putin in the sanctions list.
[Press Secretary of the President of Ukraine: Ukraine has not given up negotiations with Russia]
On the 26th local time, Ukrainian President Zelenskiy's press secretary NikiVrov said that Ukraine and Russia are negotiating on the location and time of the negotiation process, and Ukraine is ready to "discuss ceasefire and peace issues." Nikiv has denied claims that Ukraine has abandoned negotiations. He said that the two sides are now negotiating on the location and timing of the negotiation process. Nikkiforov said the sooner negotiations begin, the more opportunities there will be to resume normal life.
[OECD announces official termination of Russia's accession to the organization]
On February 25, local time, the Organization for Economic Co-operation and Development (OECD), headquartered in Paris, France, issued a statement announcing the formal termination of Russia's accession to the organization. In addition, the OECD Council requested the Secretary-General to take the necessary measures to close the OECD office in Moscow and to stop issuing ministerial-level invitations to Russia. In addition, the Council requested the Secretary-General not to conclude new voluntary contribution agreements with Russia and to take the necessary measures to halt all projects funded by Russian voluntary contributions that had not yet begun.
[U.S. Department of Defense: U.S. to provide 'additional security assistance' to Ukraine]
On February 25, local time, a spokesman for the U.S. Department of Defense said at a briefing that the United States would provide "additional security assistance" to Ukraine. U.S. Defense Department spokesman John Kirby said the U.S. would provide additional security assistance to Ukraine, but how to do that is still being determined. For security reasons, he will not publicly elaborate on every shipment of U.S. aid to Ukraine.
[EU puts Russian President Vladimir Putin and Foreign Minister Lavrov on sanctions list]
On February 26, local time, the European Union included Russian President Putin and Foreign Minister Lavrov on the sanctions list, and relevant documents have been released. In addition, the EU will stop implementing the visa procedure simplification agreement signed with Russia from the 28th.
[British Prime Minister Says Sanctions Will Be Imposed Immediately on Putin and Lavrov]
On the afternoon of February 25, local time, at the NATO leaders' meeting, British Prime Minister Boris Johnson said that in addition to the sanctions plan against Russia that the United Kingdom has announced, the United Kingdom will immediately impose sanctions on Russian President Putin and Russian Foreign Minister Lavrov, and the assets of both are frozen. Johnson also urged NATO leaders to take immediate action to close Russia's access to the Global Interbank Financial Communications Association (SWIFT) payment system.
[Canada announces sanctions against Russian President Putin and Foreign Minister Lavrov]
Canadian Prime Minister Trudeau announced at a press conference held in Ottawa on February 25 local time that Canada will impose sanctions on Russian President Putin and Foreign Minister Lavrov.
[Russian representative to the European Union: Russia will withdraw troops from Ukraine after the end of the operation]
On February 25, local time, Russia's permanent representative to the European Union, Vladimir Chizrov, said that Russia does not need Ukrainian territory, but Donetsk and Luhansk need to return to the "original borders" . Chizhov also pointed out that the Russian side will withdraw its troops from Ukraine after the end of the operation.
[The latest US poll: Biden's approval rating hit a new low]
On February 25, local time, the newly released Harvard Caps-Harris poll showed that the support of US President Biden continued to decline, hitting a new low of 38%. The survey surveyed 2026 respondents from February 23 to 24. Among them, 17 percent of respondents said they "strongly supported" Biden's performance, 21 percent said they "somewhat supported" it, and another 39 percent said they "strongly disagreed" with Biden's work.
[US President Biden officially nominates the first African-American female justice of the Supreme Court]
On February 25, local time, US President Joe Biden delivered a speech at the White House, formally nominating Kaitanji Brown Jackson as a justice of the US Supreme Court. Biden reiterated that the decision was one of the "most important constitutional responsibilities the president has ever assumed" and said the process of selecting Jackson was rigorous. Biden also said he had met with senior members of the Senate Judiciary Committee and hoped the Senate would act quickly to confirm Jackson's nomination.
【Ford Kansas City F-150 pickup assembly plant will stop production for one week】
On Friday, local time, Ford motor announced that its F-150 pickup assembly plant in Kansas City would stop production for a week due to a global semiconductor shortage. Ford said the F-150 plant in Dearborn, Michigan, will continue to operate.
[Nvidia launches investigation into cyberattacks]
Chipmaker Nvidia is investigating a potential cyberattack that could disrupt parts of its business for two days, according to the Daily Telegraph on Friday. A malicious cyber intrusion in the past two days caused Nvidia's email system and development tools to go down, and it's unclear if any data was stolen or deleted.
【Emirates may cancel the boeing 777X order if the delay exceeds 2023】
According to media reports, the Emirates president said the company could cancel the order if the Boeing 777X airliner could not be put into service until after the end of 2023. Emirates is the world's largest international airline and the largest customer for the Boeing 777X aircraft. After two crashes on the Boeing 737 MAX, the 777X is facing additional scrutiny and delayed certification.
[Failure to dismantle tailings dams by deadline Vale will pay $46 million]
According to Reuters, Vale will pay 236.7 million reais (about $46 million) for failing to close its tailings dam in minas Gerais, Brazil, before the statutory deadline. Under an agreement between Vale and Minas Gerais prosecutors, the company will also assume obligations to dismantle all upstream tailings dams.
【Delta Air Lines Announces End of Partnership with Aeroflot】
Delta Air Lines announced the termination of its partnership with Aeroflot. Delta Air Lines reportedly said it would terminate its sharing agreement with Aeroflot. Previously, thanks to a partnership between Delta and Aeroflot, Delta could purchase tickets for its customers flying from Moscow, as well as Aeroflot to purchase Delta Air Lines tickets for its customers.
[U.S. 4 companies pay $26 billion to settle opioid lawsuit]
Four U.S. companies agreed to pay $26 billion to settle with thousands of opioid abuse lawsuits across the country, U.S. media reported friday. The four companies, including drugmaker Johnson & Johnson, will pay $5 billion over 9 years; mcKesson, Amerisource Bergen and Cardinal Health, the three major drug distributors, will jointly pay $21 billion over 18 years. Under the agreement, most of the funds will be used by states to provide social services for opioid addicts, including treatment, common sense and on-site first aid. According to statistics, more than 500,000 cases of opioid abuse have been killed in the United States, triggering more than 3,000 lawsuits by various states, local governments, Native American tribes, hospitals and other organizations against the pharmaceutical industry and drug distributors.