❗️ UN envoy: Russian recognition of Donbass regions an 'Attack' on Ukraine's UN member status.

Virgin Hyperloop lays off half of its employees, pivots away from passenger travel

The futuristic transportation company confirmed that 111 people had been laid off. The company is now "changing direction" due to what it says are global supply chain issues and "all the changes due to Covid," additionally claiming that there was strong customer interest in a cargo-based service through its hyperloop pods, which are jetted through vacuum tubes at over 600 mph.

Virgin Hyperloop, which has raised around $450 million in funding, is the only company of its kind to have completed a successful passenger ride using the technology.

DP World, a logistics provider owned by the Dubai government, and a majority stakeholder in Virgin Hyperloop, began working on a cargo system using the company's hyperloop technologies in 2020.

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❗️ DPR, LPR Borders to Be protected jointly with Moscow - Russian State Duma.

⚡️ White House: US Will Impose 'New Sanctions' on Russia Tuesday in Response to 'Decision & Actions' in Donbas.

❗️ US, German, French leaders vow to respond to Russia's DPR, LPR recognition - German Cabinet.

⚡️ Russian envoy to UN: recognition of DPR, LPR independence does not change parties to Minsk agreement.

⚡️ France urges Russia to review recognition of DPR, LPR - Envoy to UN.

💵 JPMorgan now expects the Federal Reserve to hike interest rates for 9 straight meetings

Central banks hiking interest rates more quickly than investors previously expected is now the most significant threat to otherwise healthy markets and economies, analysts at the bank said in a note this weekend.

The analysts, led by chief economist Bruce Kasman, said they now think the Fed will raise rates by 25 basis points (0.25 percentage points) at every meeting until March 2023 – nine hikes in total.

Global stocks have fallen sharply in 2022 already, largely because investors have rapidly revised up their expectations for the number and pace of Fed interest rate hikes. The S&P 500 was down 8.8% for the year as of Friday's close, with the Russia-Ukraine crisis causing further volatility.

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⚡️ Gas pipeline in Lugansk's Aleksandrovsk damaged as result of shelling by Ukrainian forces, LPR says

❗️ Civilian injured as result of Ukrainian forces' shelling of Lugansk's Slavyanoserbsk, LPR says

❗️ Russian Foreign Ministry on possibility of Lavrov-Blinken meeting after LPR, DPR recognition: Russia ready for negotiations

🇺🇦🇷🇺 Ukrainian sabotage groups detonated mine-explosive device on Donetsk-Horlivka highway, three civilians killed, DPR says

🗣 "According to operational information, it became known that this morning, on 22 February, Ukrainian sabotage groups detonated a mine-explosive device on the Donetsk-Gorlovka highway. As a result of the terrorist act, three civilians were killed", DPR People's Militia Chief Eduard Basurin said.

LPR’s and DPR’s parliaments ratify friendship and cooperation treaty with Russia

🇺🇦🇷🇺 Russian Foreign Ministry: Ukraine de facto left Minsk agreements

⚡️ Russia recognised DPR, LPR to avoid more casualties due to escalation of situation by Kiev - MFA

⚡️ Group of journalists, Sputnik photographer come under fire near Gorlovka, Donetsk region

❗️A group of journalists, including a photographer working for Sputnik, came under fire on the Gorlovka-Donetsk highway. According to the correspondents, no one was injured as a result of the attack.

The journalists were targeted as they photographed the site of an overnight explosion, which claimed three lives.

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