Russia vetoed Friday's UN Security Council draft resolution that would have condemned Moscow's invasion in Ukraine. China, however, voted no - which was seen by western countries as a victory for Russia's international isolation.
Federal Reserve Board Governor Lael brainard presented a case Friday for the role that a U.S. central banking digital currency can play in bolstering financial security as stablecoins and crypto grow and other countries issue CBDCs.
On Wednesday, the euro maintained overnight gains in early Asian trading. It jumped on reports that some Russian forces were leaving the Ukraine border. However, tensions remain high and the currency has not made further progress.