Weekend Argus (Saturday Edition)

THREAT OF WAR WEIGHS ON MARKETS

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Global markets are expected to fall as investors flee stocks for safe havens ahead of a possible Russian attack on Ukraine that the White House says could occur any day. The Washington Post reports that the impasse has investors braced for further volatility, with stocks already struggling amid inflation worries and signals from the Federal Reserve of an interest-rate increase next month. A White House statement that said the Russian military could lunge toward Kyiv at any time clipped the Dow Jones industrial average and pushed up the prices of Treasury bonds and gold.

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