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Missiles rain down across Ukraine, Georgia's ruling party pulls its 'foreign agents' bill, and the Netherlands joins U.S. efforts to restrict semiconductor tech exports to China.

by Edson Caldas

World News

An emergency worker extinguishes fire in vehicles at the site of a Russian missile strike in Kyiv. March 9, 2023. REUTERS/Gleb Garanich

Russia launched its first huge wave of missile strikes across Ukraine since mid-February, killing at least six civilians and forcing a nuclear power plant off the grid. President Volodymyr Zelenskiy said infrastructure and residential buildings in 10 regions had been hit. Follow the latest on the war here.
Georgia's ruling party dropped a bill on "foreign agents" after protests against what opponents said was a Russian-inspired authoritarian shift that imperiled hopes of joining the European Union. Opposition leaders, however, said the protests would resume tonight. A representative of the Droa party said they demand that the government formally denounce the bill and release all those detained during the protests.
Israelis protesting judicial reforms sought by the hard-right government converged on the country's main airport in a bid to disrupt a trip abroad by Prime Minister Benjamin Netanyahu as well as a visit by the U.S. defense secretary.
South Korean President Yoon Suk Yeol and his wife will visit Japan next week at Tokyo's invitation, the first such visit in 12 years after Seoul announced a plan to end a protracted dispute over wartime forced labor.
Australia is expected to buy up to five U.S. Virginia class nuclear powered submarines in the 2030's as part of a landmark defense agreement between Washington, Canberra and London, four U.S. officials said, in a deal that would present a new challenge to China.

Business & Markets

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

The Netherlands' government said it planned new restrictions on exports of semiconductor technology to protect national security, joining a U.S. effort to curb chip exports to China. Asked about the decision, Chinese foreign ministry spokesperson Mao Ning said the country was "firmly opposed" to the plan.
The Reuters World News podcast is parsing U.S. Federal Reserve Chair Jerome Powell's statements to Congress this week. What does the inflation fight mean for Americans? Our resident Fed watcher Howard Schneider breaks it down for us.
Three Nobel laureates and dozens of civil society, climate change and philanthropic leaders endorsed U.S. President Joe Biden's nominee to lead the World Bank, ex-Mastercard Chief Executive Officer Ajay Banga. On Tuesday, Russia's top representative at the bank said the country is consulting with its allies about challenging the nomination.
JPMorgan has sued Jes Staley, its former private banking head and later Barclays' chief executive, accusing him of entangling it with sex offender Jeffrey Epstein, and saying Staley himself had been accused of sexual assault.
Sam Bankman-Fried's lawyers said it may be necessary to delay the FTX cryptocurrency exchange founder's scheduled October criminal trial, arguing it may take more time than expected to review the evidence and prepare a defense.

U.S. News

Ice covers communication towers as massive amounts of snow trap residents of mountain towns in San Bernardino County, Crestline, California. March 2, 2023. REUTERS/David Swanson T

Flood watch notices were posted across northern and central California for today ahead of an atmospheric river storm expected to douse much of the state with heavy rain, including mountain areas still buried from a near-record snowfall.
Biden will travel to the swing-state of Pennsylvania to unveil a federal budget plan laden with spending proposals and higher taxes on the wealthy that will form a blueprint for his expected 2024 re-election bid. Here is what to expect.
A federal judge in Florida agreed with the state's Republican attorney general that the policy of Biden's administration to release many people who illegally cross the U.S.-Mexican border rather than detaining them violates U.S. immigration law.
Senate Republican leader Mitch McConnell has been hospitalized after tripping at a hotel in Washington.
The Louisville, Kentucky, police force routinely discriminates against Black residents, uses excessive force and conducts illegal searches, the Justice Department said, following a probe prompted by Breonna Taylor's killing in 2020.

And finally

Takemitsu Imazu, President of Biomass Resin Fukushima, shows plastic pellets that are being produced in a factory line in Namie, about 7 km from the Fukushima Dai-Ichi nuclear plant, Japan. February 28, 2023. REUTERS/Kim Kyung-Hoon

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