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US Urges G-7 Allies to Impose Sanctions on Russian Oil

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The US will urge the Group of Seven to impose tariffs as high as 100% on China and India for their purchases of Russian oil in an effort to end the war in Ukraine. Brendan Murray reports on Bloomberg Television.



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Funding & Business

Botswana Has Credit Rating Cut by S&P on Diamond Slump

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Botswana’s credit rating was cut by S&P Global Ratings, another blow to its diamond-dependent economy that’s struggling with a slump in demand for its gems.



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Italy’s Snam Plans to Delay Open Grid Europe Deal, Sole Says

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Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu Dhabi’s Infinity Investments is unlikely to close this month as planned, Il Sole 24 Ore reported.



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<strong>Vaneer Bhansali on Losing Fed Independence as the Biggest Tail Risk Right Now</strong>

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A guide to thinking about portfolio insurance



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