Battered Markets Fear The Fed | Who Gains From Promoting Truth Social | Canada’s Truckers Defeat

Plus: Russia Attacks Ukraine In Europe’s ‘Darkest Hour’ Since World War II

Good morning.

Months of military build up at the border between Ukraine and Russia erupted on Thursday as Moscow ordered a “special operation” into its neighboring country, with explosions reported across major Ukrainian cities and dozens of deaths reported by Kyiv officials. We’re also covering the end of Canada’s emergency declaration in response to the truckers’ blockades and why the Fed’s tightening of monetary policy would affect markets even more than conflict in Eastern Europe. 

In The News Today

Texas officials’ attempt to frame gender-affirming medical care for transgender children as "child abuse" was strongly condemned by the American Civil Liberties Union as legally unenforceable and politically motivated.

Workers in England no longer have to self-isolate or tell their employers they have tested positive for Covid-19 as part of the U.K. government’s plan to “live with Covid”—implemented in different regions at different times. 

Top Take-Aways

Despite conflict in Eastern Europe weighing on markets this week, another problem looms on the horizon, with the Federal Reserve aggressively tightening monetary policy and raising interest rates in a bid to fight surging inflation, experts warn.

Rep. Marjorie Taylor Greene (R-Ga.) has been encouraging her social media followers to sign up to former president Donald Trump’s new platform Truth Social—a company in which she owns more than $15,000 worth of shares.

Canada ended a nine-day emergency declaration in response to protests against Covid-19 restrictions, which have now largely subsided after the government froze the bank accounts and cryptocurrency wallets of protest leaders, putting Prime Minister Justin Trudeau in the crosshairs of of some big name crypto execs.

A small Nebraska company is helping law enforcement around the world spy on users of Google, Facebook and other tech giants. A secretly recorded presentation to police reveals how deeply embedded in the U.S. surveillance machine PenLink has become.

A $4 million Covid benefits fraud allegedly perpetrated by members of a New York rap crew used the personal data of hundreds of American citizens acquired from hackers advertising access to a huge surveillance database on Telegram.

Scarlett Johansson is joining the sea of celebrity skin care founders, launching an Instagram account and a website offering a sneak peek of her brand, The Outset, which is backed by Najafi Companies, a Phoenix-based private investment firm founded by Jahm Najafi.

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