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At Close: Jun 04, 2026
Overall Covid claims constituted 20 percentage points (ppt) of the claim ratio movement, said Singhel
Los Angeles Unified Must Negotiate With Teachers'' Union Before Dropping Mask Mandate Authored by Micaela Ricaforte via The Epoch Times, Though California and Los Angeles County announced it would drop its indoor mask mandate for schools by March 12, the LA Unified School District ( LAUSD ) must negotiate with its local teachers union before it can lift its mandate. In recent months, schools across California have faced mounting pressure to lift indoor mask mandates from students and parents; however, the state’s largest school district cannot change its indoor mask requirement without first negotiating an existing contract with United Teachers of LA (UTLA). The agreement includes a requirement for “enforced masking” for the entire 2021–22 school year. According to the agreement, either party can request to meet and bargain over potential changes to the mask requirement after Dec. 1. An LAUSD spokesperson told The Epoch Times Feb. 28 the district “acknowledges” the state and county’s mask updates and will “remain engaged with our labor partners” as they consider an updated masking policy.
According to a Western intelligence report, in early February senior Chinese officials told their Russian counterparts not to invade Ukraine prior to the end of the Winter Olympics in Beijing, senior Biden administration officials and a European official told The New York Times . Russian President Vladimir Putin met with Chinese President Xi Jinping in Beijing on Feb. 4, ahead of the opening ceremony of the Olympics. In a joint statement, the leaders said the bond between their countries has "no limits," and they decried the expansion of NATO. Before Russia invaded Ukraine last Thursday, the U.S. and its allies discussed the intelligence, the Times reports. One official with knowledge of the report said the material gathered did not necessarily indicate the conversations between China and Russia about delaying an invasion were at the level of Xi and Putin. The Times asked Liu Pengyu, spokesman for the Chinese Embassy in Washington, whether Chinese officials had asked Russia to wait until after the Olympics to invade Ukraine. "These claims are speculation without any basis," he responded, "and are intended to blame-shift and smear China." The closing ceremony of the Olympics was held on Feb. 20, and Putin launched the invasion of Ukraine on Feb. 24.

Factbox-The funds that have large Russia exposure

10:39pm, Wednesday, 02'nd Mar 2022 FX Empire
By Davide Barbuscia NEW YORK (Reuters) – Overseas investors in Russia have tens of billions invested in the country’s stocks and bonds, according to Morningstar data.
RIO DE JANEIRO, BRAZIL - Chile is selling bonds linked to its sustainability goals, thus becoming the first nation to do so. The government will sell dollar-denominated Sustainability Linked . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here Subscribe Login Here The post Chile will become first country to sell Sustainability Linked Bonds (SLBs) appeared first on The Rio Times .
MOSCOW (Reuters) – Russia’s finance ministry plans to use its National Wealth Fund (NWF) to buy state OFZ rouble bonds from the market, finance minister Anton Siluanov said late on Wednesday, as Russia tries to cope with Western sanctions after its invasion of Ukraine.

Ukrainian Government Bonds Sink to New Lows Following Russian Military Escalation

09:17pm, Wednesday, 02'nd Mar 2022 The Wall Street Journal
The country’s sovereign bonds erased gains made late last week as Russia intensified its attacks on major cities across the country.

Bank of Canada raises rates to 0.50%,

03:21pm, Wednesday, 02'nd Mar 2022 National Post
TORONTO — The Bank of Canada on Wednesday raised interest rates by 25-basis-points to 0.50%, the first hike since October 2018, and said it would continue with the reinvestment phase of its bond buying program. The central bank also said Russia’s invasion of Ukraine “is a major new source of uncertainty,” noting commodity prices had […]

Bank of Canada boosts interest rate to 0.50%

03:13pm, Wednesday, 02'nd Mar 2022 Seeking Alpha
Canada''s central bank hikes its overnight rate by a quarter percentage point to 0.50% and keeps its holdings of Canadian government bonds roughly constant.The Russian invasion of…
Bank Of Canada Hikes Rates As Expected, Says Ukraine "Major Source Of Uncertainty" The Bank of Canada begins its tightening cycle by lifting interest rates by 25bps - as expected - and signaled more hikes to come in its attempts to tamp inflation down from a three-decade high. BoC played up economic strength, flagging yesterday’s stronger-than-expected 6.7% fourth quarter GDP growth rate. “This is stronger than the Bank’s projection and confirms its view that economic slack has been absorbed.” But admitted Inflation is a bigger problem than expected… “ Inflation is now expected to be higher in the near term than projected in January. Persistently elevated inflation is increasing the risk that longer-run inflation expectations could drift upwards,” the statement said. “The Bank will use its monetary policy tools to return inflation to the 2% target and keep inflation expectations well-anchored.” However, no details were offered about the BoC''s plan to wind-down its bond holdings. In a likely taste of what is to come from Powell and his pals at The Fed, BoC added the following to their statement: “The unprovoked invasion of Ukraine by Russia is a major new source of uncertainty." Specifically on Ukraine, BoC notes: “Prices for oil and other commodities have risen sharply.
MOSCOW, March 2 (Reuters) - Russia''s finance ministry has channelled 11.233 billion roubles ($107.5 million) from the state budget to coupon payouts on two OFZ treasury bond series, the Interfax news agency reported on Wednesday, amid fears that…

Union Bank of India raises Rs 1,500 crore by issuing bonds

01:53pm, Wednesday, 02'nd Mar 2022 Moneycontrol
The bank has allotted unsecured, subordinated, non-convertible, taxable, perpetual, fully paid-up Basel III compliant additional tier-I bonds in the nature of debentures, aggregating to Rs 1,500 crore.

Rate-Hike Bets Are Unwinding and Taking Bond Yields With Them

01:25pm, Wednesday, 02'nd Mar 2022 Yahoo Finance
The soaring demand comes as traders slash bets on interest-rate hikes from developed-markets central banks, swelling the world’s pile of negative-yielding sovereign bonds by $3 trillion in two days.
Bond traders in Europe are waking up to the reality of record inflation, even as prospects of monetary policy tightening this year remain murky amid an escalation in the Ukraine war.

Russia bans payments to foreign investors holding ruble bonds, shares

01:11pm, Wednesday, 02'nd Mar 2022 The Globe and Mail
Moscow is blocking foreign investors, who hold tens of billions of dollars worth of Russian stocks and bonds, from exiting after its invasion of Ukraine triggered a wave of economic sanctions
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