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"The ruble has ceased to be a freely convertible currency with the sweeping sanctions. In terms of currency policy, this throws Russia back to the early 1990s and the time before the country's comprehensive economic opening."

Bank of Russia reassures the world after Putin banned Russians' payments of hard currency to foreigners, including payments made "in connection with loan agreements."

Several European countries, including the U.K., continue to push to exclude Russia from SWIFT.

One of the world's first CBDCs has been unavailable for more than a month.

Fed and ECB strategy of moderation is fraught with risks. Still, one Fed president says, "abrupt and aggressive action can actually have a destabilizing effect on growth and price stability. The most important thing is to be measured at our pace."

CDC records also show an increased number of deaths from heart disease, hypertension, and other ailments across two years of the pandemic.