Five Things You Need to Know to Start Your Day

Sanctions tighten, stagflation fears rise, and stocks rally.

The war in Ukraine continues to dominate everything. While cease-fire talks have produced little progress so far, agreement has been reached on opening some humanitarian corridors today. There are also signs that Ukraine is willing to move on its ambition for NATO membership, but that seems to have done nothing to reduce Russian attacks. On the sanctions front, the number of companies pulling out of Russia continues to grow while the U.S. and U.K. are calling a halt to imports of the country’s crude.