Bloomberg - Evening Briefing - More than 10,000 dead

Bloomberg Evening Briefing

Ukraine’s allies in Europe are pivoting away from an emphasis on sanctions in response to Russia’s war and instead focusing on urgently arming Kyiv’s forces as the best chance of ending Vladimir Putin’s aggression. After six weeks of bloody fighting which sanctions have done little to slow, and no sign negotiations will produce a favorable result, some of the European Union’s least likely warriors are calling for more weapons to be placed in Ukrainian hands.

Slovakia is providing Kyiv with S-300 anti-aircraft missile launchers. Photographer: Costas Metaxakis/AFP/Getty Images

The Kremlin’s destruction of large sections of cities across Ukraine is feared to have killed thousands, though Moscow contends it doesn’t target civilians. The mayor of Mariupol said more than 10,000 noncombatants have died in the port city since the invasion began. With Russian forces gathering in the east, Poland’s prime minister predicted Europe would soon see its biggest tank battle since World War II. Ukraine is pushing allied countries to seize and sell Russian assets including oil tankers, asking that the proceeds pay for rebuilding cities and infrastructure. Negotiations on the proposal are underway with various countries, said Oleg Ustenko, chief economic adviser to Ukraine President Volodymyr Zelenskiy, though he declined to say which. And Austrian Chancellor Karl Nehammer became the first EU leader to visit Putin in Moscow since the war began. He asked him to end it.

Bloomberg is tracking the coronavirus pandemic and the progress of global vaccination efforts.

Here are today’s top stories

Philadelphia is bringing back its indoor mask mandate beginning April 18 after a 50% increase in Covid-19 cases over the past 10 days. The reinstatement is the first among major U.S. cities and comes about a month after it was lifted. With U.S. coronavirus infections trending upward again thanks to the omicron subvariant, a new wave may be forming up. More than 80 million cases have been confirmed across America since the pandemic began—and 985,000 deaths. Both numbers are widely assumed to be undercounts. 

The U.S. economy is “facing rocky waters,” warned Brian Deese, President Joe Biden’s top economic adviser. The country may see some difficulty as it contends with inflation and further supply-chain challenges stemming from lockdowns in China and Russia’s war on Ukraine.

Brian Deese  Photographer: Michael Reynolds/EPA

Still, American drivers are getting a (relative) break at the pump this month with gasoline prices falling for two straight weeks. Average national prices dropped to $4.11 a gallon on Sunday, the lowest level since March 6. Indeed, last month may prove to be the high-water mark for U.S. inflation, but price pressures will likely remain elevated given demand for services and geopolitical risks.

Amazon is selling $12.75 billion of investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks.

Stocks and bonds retreated Monday as investors focused on inflation and the impact of policy tightening by central banks. All major groups in the S&P 500 fell, while the tech-heavy Nasdaq 100 lost more than 2%. Ten-year Treasury yields climbed through 2.75% for the first time since March 2019 after the Fed last week signaled sharp rate hikes and balance-sheet reductions. Here’s your markets wrap 

Russian Railways has been ruled in default by a derivatives panel after missing a bond interest payment, the first such decision since that country was slapped with extensive sanctions.

BlackRock dismissed three managing directors from its private equity division, citing a coordinated effort to leave the world’s largest asset manager. Konnin Tam, Steve Lessar and Veena Isaac helped manage a $3 billion strategy in the private equity group’s secondaries unit. 

What you’ll need to know tomorrow

Coffee Chain Builds a Future With the Disabled

While businesses across the U.S. struggle to find employees, Bitty & Beau’s coffee shops says its attrition rate is near zero. That’s because it primarily hires workers from a demographic advocates say has an unemployment rate above 80%: people with intellectual and developmental disabilities. “There’s an untapped labor force of people with disabilities in every community,” says Amy Wright, who co-founded the company with her husband. “Most of our employees have never had a job.”

Key phrases

Older messages

Sidestepping sanctions

Saturday, April 9, 2022

Bloomberg Weekend Reading View in browser Bloomberg Follow Us Get the newsletter The European Union will ban coal imports from Russia in its first move targeting Moscow's crucial flow of energy

Train station carnage

Friday, April 8, 2022

Bloomberg Evening Briefing View in browser Bloomberg Having spent more than a month of war destroying residential areas and cities across Ukraine, potentially killing thousands, and now the subject of

New evidence surfaces

Thursday, April 7, 2022

Bloomberg Evening Briefing View in browser Bloomberg German intelligence reportedly intercepted radio exchanges between Russian soldiers who discussed killing Ukrainian civilians outside Kyiv,

Hypersonic missile gap

Wednesday, April 6, 2022

Bloomberg Evening Briefing View in browser Bloomberg Ukraine's government urged people living in the regions of Kharkiv, Donetsk and Luhansk to immediately leave those areas as military officials

Forward deployed bases

Tuesday, April 5, 2022

Bloomberg Evening Briefing View in browser Bloomberg As more evidence surfaces pointing to a potential massacre of hundreds of civilians across Ukraine by Russian soldiers, more governments targeted

Daily Coding Problem: Problem #572 [Hard]

Saturday, October 30, 2021

Daily Coding Problem Good morning! Here's your coding interview problem for today. This problem was asked by Palantir. Given a number represented by a list of digits, find the next greater

MicroStrategy bought close to 9000 BTC in Q3, stash now worth $7 billion

Saturday, October 30, 2021

The global crypto market cap is $2.61 trillion with a 24-hour volume of $122.2 billion. The price of Bitcoin is $61299.14 and the BTC dominance is at 44.3%. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Sat Standard - Bitcoin Weekly - Oct 30 2021

Saturday, October 30, 2021

This week in bitcoin. Straight to the point. No bullshit. Every Saturday. View this email in your browser The Sat Standard This week in bitcoin. Straight to the point. No bullshit. Every Saturday.

📉 Amazon and Apple tumble

Thursday, October 28, 2021

Tech giants remember what disappointment feels like | Shell's still facing its own storm | TOGETHER WITH Hi Reader, here's what you need to know for October 29th in 3:15 minutes. 🤓 The Finimize

💸 Money Cheat Sheet: Investing 101

Thursday, October 28, 2021

Including: Hey CIO Sylvia, what's an alternative? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

These Joggers Are So Soft, I Might Leave Leggings Behind for Good

Monday, October 25, 2021

Real Simple Shopping Designer Brands Are Up to 75% Off in This Underrated Clearance Section Shop Now » This Might Be the Softest Hoodie You Wear All Winter Shop Now » The Secret to Al Dente Spaghetti

What's 🔥 in Enterprise IT/VC #260

Saturday, October 23, 2021

🙏🏼 5 years of What's 🔥!!! IT Spending 💰 forecasted to grow 📈 at fastest rate in over 10 years! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Shortcut (formerly

Wednesday, September 29, 2021

This message is sponsored by Shortcut. In the world of software today, shipping quickly is the name o Shortcut (formerly By Code Story • Issue #55 • View online This message is sponsored

CryptoPage Newsletter - Issue 100

Monday, September 20, 2021

Crypto Daily News - September 20, 2021 View on the Web Archives ISSUE 100 September 20th 2021 Crypto News JPMorgan Strategist Estimates Ether's Fair Value at $1500 Amid Competition From '

Crypto scrutiny grows

Friday, September 17, 2021

Bloomberg A proposed Covid-19 vaccine booster shot from Pfizer-BioNTech should be given to people who are most vulnerable to serious disease, including those over the age of 65, a panel of expert