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Wall Street Breakfast

Russia Invades Ukraine, One Year Later

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 24 February 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Yellen warns on global economy as China pushes ceasefire in Ukraine. DOJ reportedly set to sue Adobe (ADBE) over $20B Figma acquisition. Boeing (BA) said to freeze deliveries of 787 jets over documentation questions.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

0:07.0

Good morning. Today is Friday, February 24th, and I'm your host Julie Morgan.

0:12.0

It has been one year since Russia invaded Ukraine.

0:15.8

Tens of thousands have paid the price of the war with their lives.

0:19.6

Boeing has put a freeze on deliveries of its 787 jets.

0:23.9

The company says it discovered an analysis error by a supplier related to the 787

0:29.6

forward pressure bulkhead.

0:31.7

Sam Bankment Freed has been hit with more charges.

0:34.9

The indictment against the FDX founder has grown from 8 to 12.

0:40.4

Our top story.

0:41.7

It has been one year since Russia invaded Ukraine and it appears that there is no end to the war in sight.

0:47.5

Tens of thousands of Russian and Ukrainian soldiers have died, not to mention the civilians who have lost their lives since the full-scale

0:55.2

invasion began a year ago.

0:57.4

The U.S. has already provided $46 billion in military aid to Ukraine, in addition to financial and humanitarian aid and the

1:05.8

U.S. expects to supply even more aid in the coming months.

1:10.3

U.S. Treasury Secretary Janet Yellen has flagged Russia ending the war in Ukraine as the most

1:15.9

important thing for the global economy.

1:18.4

She also warned Russian officials attending a G20 finance leaders meeting in India of being complicit in Putin's atrocities.

1:26.5

She went on to say that, quote, they bear responsibility for the lives and livelihoods being

1:31.7

taken in Ukraine and the harm caused globally.

1:35.3

Yellen additionally urged the IMF to pull together a loan program for Ukraine.

1:40.9

She said Putin's weaponization of food and energy has harmed

...

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