Key Points:
Worldwide coronavirus cases surpass 452.932 million with over 6.049 million official
deaths.
New Zealand has 21,015 active community cases of coronavirus with 773 people in
hospital, 16 in intensive care.
Satellite pictures suggest Russian forces are moving in on Kyiv, they have moved in
through surrounding towns and are close the airport
Rating agency Moody have downgraded their rating of 95 Russian corporate
businesses reflecting severe risks to Russia macroeconomic stability
NZ February Manufacturing PMI 53.6 vs 52.1 in January, March’s PMI is predicted to
be poor in light of the Russia/Ukraine conflict and high covid numbers
ECB’s Lagarde forecasts lower growth in 2022 and much higher inflation
UK govt puts sanctions on 7 Russian oligarchs estimated at GBP 15B, freezing
assets, and banning travel