the u.s. could decide to act on its own. and beijing warns washington about trying to build and into pacific version of nato, cautioning the u.s. against boosting time with taiwan. u.s. futures down right now. this after we saw the s&p 500 losing about 3%. the dow lost about 800 point. we will continue to see the surge higher. jumping to the highest in 14 years, remember, wti has gained 26% already. now we have these sources telling bloomberg that the biden administration is considering whether to prohibit russian oil imports into the u.s.. that is sending oil prices even higher. we have yields continuing to rise. gold under a little bit of pressure. this after reaching that level as oil is biking. raise a concern of higher inflation and slowing economic growth as well. >> i am a theme here. look at the open. take a look at energy. that sector is up, straight out of the open materials. just one of three sectors including utilities to be trading higher at the moment. we are watching some of the

u.s. stocks failed to hold onto early gains. the s&p 500 falling and the nasdaq 100 closing in a bear market for the first time since march 2020. shery: the largest china tech etf in the u.s. wipes out nine years of gains as the selloff in chinese stocks intensifies. this is the picture across wall street. u.s. futures coming online, rebounding after the s&p 500 fell, reversing gains earlier in the day. tech companies sank amid the jump in treasury yields, the 10 year yield the highest since 019. -- 2019. the golden dragon index fell to the lowest since july. there is concern about beijing's relationship with russia, the crackdown on tech giants in the growing risk of u.s. delistings. we also have tencent, you can see it tumbled after reports it faces a record fine for violating chinese regulations. apple closed the lowest 200 day moving average. foxconn also, following a covid lockdown. higher yields as we head toward the federal reserve rate decision. traders already boosting expectation

singapore's investments in the u.s. and u.s. exports to singapore support over a quarter million american jobs. when the defense front singapore is a major security cooperation partner of the u.s. in fact the only country with this status. for more than 30 years we have had an m.o.u. on defense cooperation signed in 1990 and recently renewed in 2019. which has provided the u.s. military access to singapore's air and naval bases. we are also expanding our cooperation into new areas, including cybersecurity, digital economy, sustainable development, and even space. singapore deeply appreciates president biden's leadership and strength yenning in the region. we welcome his intention to host a special summit here soon. it's a strong affirmation of american commitment to southeast asia. the president and i discussed the importance of the u.s. growing strategic and economic stakes in the asia pacific. it's important to advance a positive economic agenda that's open, inclusive, up-to-date, and flexible. we therefore welcome america's p

the u.s. military engaging and ukraine and fighting a war against russia, we do not have any intention to do that. go ahead. >> one other question, the intelligence agency director told congress that this agency underestimated the ukrainian military preparedness and willingness to fight. does the white house share that sentiment? >> we do and i think the world does. when we saw the preparations of president putin and the russian military on the borders of ukraine, we saw the power of the russian military, we saw the intentions of president putin and i do not think anyone anticipated the level of courage, bravery, capacity to fight back that we have seen in the country. at the same time, we have also seen some miscalculations by president putin as well in terms of that capacity and willingness, but also in terms of their own planning and logistics of their military. >> can you talk about the state of the covid money, the $15 billion that came out of the bill yesterday? how confident is the whit

the u.s.eaded towards recession over the next 12 months. that is how you decide whether credit is -- or not. tom: is schroeder's modeling a u.s. recession? lisa h: we are not. our base case is that we do not see a u.s. recession in the next 12 months, but certainly the risks are elevated, higher than we were if we had spoken about this six weeks ago. jonathan: is the potential for a fiscal policy initiative constrained america? in europe, do you think we are restrained? some suggest that could be the direction of travel? lisa h: absolutely. i think they are looking at energy independence, looking at defense. i think that is why you have seen rates in europe move as aggressively as they have to the higher side because there is this sort of idea that we need to do more. this russia risk is not going away, even if the russia-ukraine situation stabilizes in the next 24 hours. the russia risk is not going away, so there needs to be a change to the model. i think that is exactly the point you are ma

u.s., the u.k., germany all hit records yesterday, does that mean that the fed is now hitting a dilemma where inflation is rising but economic guidance and output is going to fall? breakevens are high but spreads are low and real yields taking a turn. manus: those breakevens suggest that inflation could turn into stagflation shock. we know that parabolic schism within that on the soft metals, let's have a look at some of the red. you have brent up 3.6%, saying that there is not enough spare capacity to produce nickel. bold is up 2000 dollars as easy goldman sachs raised their three month price forecast by some 18%. you are seeing an 18 month high on the growing inflation narrative in the gold market. danny, what have you got? dani: don't bet on a turnaround on tuesday. weakness continues in europe after $1 trillion was wiped from the global cap yesterday. dax, which entered the bear market yesterday, down another 1%. the u.s., it is nasdaq futures suffering the most, down 0.7% in the prema

the u.s. took a major step and formally declared that russian forces have committed war crimes in ukraine. as russia's attacks increasingly strike civilian targets. we are tracking more reports of fighting on the ground. in the last few hours ukraine's navy says a large russian ship has been destroyed in the country's southeast. this as we see more signs of progress. a senior u.s. official says ukrainians have pushed back russian forces 21 miles in one day. northwest of the capitol cnn teams witnessed this barrage of outgoing fire. ukrainian forces have been fighting to take back territory from russian troops in irpin. the mayor says ukrainian forces now control 80% of the city and we're now seeing the carnage left behind in other ukrainian cities after days of fierce fighting. niece these are the images coming out of the east of the country where bodies were seen in the streets amid the widespread destruction. we're getting video from the hard-hit city of mariupol. we want to warn you, some o

if he hears the u.s. say that -- say they will not say what they will do, he hears that as they will not do anything. our inability to be clear and say we will not accept this and we will engage militarily is causing the war to get worse for civilians. as he pointed out, it is supposed to be against military, not civilians. but they have responded by killing more civilians. they say they will use chemical weapons. the lack of belief you will actually do it, even with red lines, will cause this war to get worse, not better. host: on killing civilians, this headline from the wall street journal, u.s. formally excusing russia of war crimes in ukraine. here is a portion of the announcement from yesterday from the state department. [video clip] >> today secretary blinken issued a statement announcing that based on information currently available, the u.s. government assesses that russian forces are committing war crimes in ukraine. i wanted to provide you with some additional information underlying this assess

the u.s. engagement with international organizations should be tempered and clear eyed. i biden and harris administration doesn't seem to agree. last year, the president declared the u.s. would rejoin the u.n. human rights council, a sham body with a terrible track record of protecting dictatorships and covering up the crimes of the world's worst human rights abusers, china, russia, cuba, venezuela. instead of focusing on actually human rights issues are brought, the council continues to focus its efforts on persecuting israel, the only country permit me featured on the council's agenda. while this administration publicly stated it would seek changes to the council, we have seen not a single piece of reform since our reentry to the council last year. these reforms should have been a prerequisite of the u.s. seeking election to stay, not a hopeful goal to be left for sometime in the future. the same can be said of the president's decision to unilaterally join the paris accord without congressio

just between local currency debt and u.s. dollar, you are better off on u.s. dollar debt.ishaad: we. looked at emerging markets let's have a look at developed ones. we have been ecb decision coming up. we also have the all-important consumer price report out of the u.s. earlier. how would those events move the dial for you as an investor strategist? teck: i guess the market is extremely focusing on the central bank. you could argue it might be very expected. given what is happening on the european side, i don't think anyone is expecting a hawkish ecb by any chance. if anything, it would be predictably cautious on growth. it is still a relative winner and loser argument, where the u.s., because they are not impacted as much from a growth perspective, they are primarily focused on inflation, you would not get a hawkish inflammation -- hawkish inclination from the fed. this bounceback overnight bringing the euro-dollar above 110 could be an opportunity if you want to technically hedge against escalation down the road. it could will drive the euro-dollar down to 110. i don't t

u.s. europe, will continue to watch the geopolitics. president biden visiting poland later today. in terms of how things are breaking across asset, futures stateside, after a solid day of earnings and gains yesterday in the u.s., led by nvidia, the tech sector, semi conductors has positioned the u.s. for a solid start. u.s. 10 year at 2.35, so coming off the highs we have seen the last few days. that bond selloff as a theme, many would argue, will continue. that is the debate within and among investors. brent to lower by 1.3% -- brent lower by 1.3%. francine: this is what the sectors looking like. if you look at the breakdown in terms of various sectors, it has been a pretty incredible week, but it was really the narrative about inflation, so chemicals, construction, materials some of the biggest losers. it is really banks and consumer discretionary on the other side. you can see health care. it would be great if we saw a one-week snapshot of some of these sectors, because it really is the

the u.s. is looking to shore up supplies. >>> nasdaq, 20% low from its recent all-time high. >>> plus no fix for stitch the online fashion retailer sinking in the market. >>> and china finding itself in the same boat amid surging prices it's wednesday, march 9th, 2022, and you're watching "worldwide exchange" right here on cnbc >>> good morning and happy wednesday. i'm frank holland in for brian sullivan we're kicking off wednesday morning with stocks looking to rebound. so far we're seeing signs of it. the dow looking like it could pop as much as 400 points. the s&p and nasdaq also higher yesterday we saw all the major indices deeper into territory watching oil as well on the heels of the u.s. decision to ban all russian oil imports. crude coming off of its highest settle since 2008. you're seeing the numbers right here, all in the red a bit here. rbob gas coming off in the red down more than 1%. >>> now we turn to metals. right now we're also seeing gold down a percent you see platinum and p

last week, a delegation of u.s.ctivists arrived at the family's home to break the 482-day siege. in a moment, we will go to our interview. but first, i want to turn back to 2016 when democracy now! broke the international media blockade by reporting from occupied western sahara. during our trip, we spoke to sultana who described losing her eye as a college student after being beaten by moroccan security forces during a protest in 2007. >> one of them recognized me. he jabbed right at my eye with his baton. i bent over and i could feel my eyeball in my hand. i was yelling at him. amy: while we were reporting in western sahara, moroccan forces violently disrupted a protest led by sultana and oer sahrawi women. i spoke to her again just after she was beaten. we follow sultana khaya into a small bedroom. she pulls back her traditional sarawhi robe and shows me fresh bruises on her leg, both arms, and on her breast. >> they were insulting us, beating us, dragging us, using violence to let us know we were not going to be

the u.s.s warning china against helping the russian war efforts in ukraine. american and chinese officials met for talks in rome. u.s. officials had said china signaled it might aid russia. beijing denies this. the u.s. says china could face global isolation. >> should they provide military or other assistance, that of course violates sanctions or supports the war effort that there will be significant consequences. in terms of what the specifics look like, we would coordinate with partners and allies to make that determination. anchor: the u.n. secretary general has warned of what he called a hurricane of hunger in the war in ukraine. >> ukraine alone provides more than half of the world's food programs with supply. food, fuel and fertilizer prices are skyrocketing. supply chains are being disrupted. and the costs and delays of transportation of imported goods , when available, are at record levels. in all of this is hitting the poorest the hardest. anchor: in other news, peru's congress has a

u.s. intelligence officials are warning vladimir putin believes he can't afford to lose this war and his forces in ukraine will likely double down soon. here in the u.s., president biden is banning russian oil and other russian energy imports to further punish putin. americans are now bracing for even more pain at the pump as gas prices just hit a record high. our correspondents are standing by with more of cnn's global team coverage of the russia-ukraine war. we want to welcome our viewers here in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >> the humanitarian crisis unfolding in the war-torn ukraine right now is worsening by the hour. million of trapped civilians are at risk of being attack by russian forces at any time, even while trying to evacuate. cnn's clarissa ward will join us live from kyiv in a few moments with a heart-breaking look at older ukrainians simply struggling to survive. but first, more breaking news on the war. >> reporte

what is the u.s. and nato -- and nato partners doing to maybe maximize the amount of aid that can get in while there's still a window open? mr. kirby: so on the second question i would just tell you that security assistance continues to flow, not just from the united states but from many of our allies and partners, and as recently as just the last 24 hours. so we are making every effort to get as much security assistance as we can to the ukrainians as fast as we can. and on the humanitarian side, again, we're going to continue to work with international organizations and ngos to try to stem and assist in whatever way, not from a military perspective. i'm talking about from an administration perspective. we estimate, or we have seen, numbers coming out of the u.n. of, you know, more than 500,000 people now leaving the country, as well as perhaps tens of thousands if not more internally displaced. so clearly mr. putin is causing a humanitarian crisis as well. jen? reporter: on the nuclear question? mr.

the u.s. keep that promise. arthel: what does the u.s. not you that you would like them to do more of for our to do more of. >> well, the main issue right now, one of your reporters talked about, to soviet era fighter jets ukrainians know how to fly, ukrainians do not know how to buy 14 or 16 or ten from the american aircraft, they know how to fly the old soviet system from of the polish company of them, we need to cut the red tape from the u.s. to make sure we can get that across the border to them. president zelenskyy . arthel: i want to step in there because you are implying that the u.s. blocking them from poland, that's not true. i have information from jennifer griffin, two senior defense officials told her if : wants to send it to ukraine, it can. the u.s. is not locking them, adding poland offered but rescinded the offer. >> i am out here with our u.s. military with the secretary of state, you're right, technically does not yet need u.s. authority to do it for the way they typically co

u.s. would send another $800 million in arms to ukraine, including 100 drones. we will look at the u.s. response to russia's invasion with phyllis bennis of the institute for policy studies. we will also talk to human right watch about the use of cluster bombs in the war in ukraine. >> russia has been using cluster munition since the beginning o its full-scale invasion. on february 24, russian forces launch a cluster munition ballistic missile that struck near a hospital in the donetsk region, killing four civilians and woundin10. ur days later, where heads rained submunitions in kharkiv. amy: and we will talk to a syrian filmmaker about how many of russia's military tactics in ukraine resemble what she witnessed in her home city of aleppo. all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. ukrainian rescue crews have begun pulling survivors out of the wreckage of a theater in the besieged ukrainian city of mariupol after i

u.s. troops were using just last month as putin escalating his carnage as the world stands against him. welcome to "fox news live," i'm eric shawn. arthel? if. arthel: hi, eric. hello, everyone. i'm arthel neville. that attack also highlighting the dangers that refugees face as they flee west. take a rook at this map now, it shows the location of that strike, an airstrike that you can see just how close it took place to the polish border and to lviv. now that city is the hub civilians have been using to evacuate in what is shaping up as europe's biggest refugee crisis since world war ii. meantime, north of kyiv crews removed a massive russian bomb that failed to explode. reports of fierce fighting in that area as russian forces move closer to the ukrainian capital. and as the ukrainian people continue their brave and inspiring resistance. eric: we have team coverage across the war zone, let's start with senior correspondent mike tobin who is in lviv with the latest from there. mike? >> rep

u.s. these figures will go higher and higher as commodity prices rocket up as a consequence of ukraine. haslinda: it is inflation concerns, the war in ukraine, prompting the ecb to speed up its wind down, a fine balance between growth and taming inflation. we have record inflation in europe. 8.5%. by .8%, rather -- 5.8%, rather. listen to christine lagarde. >> not tightening, normalizing simply because we acknowledge the fact that in the present environment of heightened inflation and not low inflation, as it was in the past, the support of net asset purchases can give to policy rates, when you can give is getting close to -- what it can give is getting close to the conclusion. >> let's bring in our chief rates correspondent, garfield reynolds. garfield, the inflation print expected. things could go up higher, before they come down, given oil prices in particular, also food inflation likely to -- pcb, surprisingly, did become more hawkish -- pcb, surprisingly did become more hawkish, despi

the u.s.nd nato, if it doesn't reach some diplomatic negotiation. judy: meantime, the war in ukraine continues at a brutal pace. the united nations' human rights agency said today that it has recorded 474 civilian deaths in the conflict, including 29 children. they believe the real toll is much higher. and the peagon today said that it believes somewhere between 2,000 and 4,000 russian troops have been killed in the fighting, though they gave that estimate little confidence. the ukrainians claim they have killed 11,000 russians. and now more than two million ukrainians have fled their nation, including one million children, most heading west toward the rest of europe. it is on part of that march where we find nick schifrin tonight in western ukraine. nick: today, finally, a rescue for families who've been living in fear, for hundreds of trapped foreign students, r residents of this northeast city besieged by russian shelling. this is what they fled, the destruction of their homes, the fear of

the u.s. claims vladimir putin fuels misled by russian military leaders over the war in ukraine and the impact on economic sanctions. >> talks set to weigh on trading sentiment in asia. treasuries rise. >> baidu is the latest company to face delisting because of refusal to let the u.s. review its audit. >> let's get you straight to trading in australia. what a rally in the past days. a seven-the rally. this is the eighth day of consecutive gains for the index, seeing gains on the back of the huge commodities boom, but also a budget that came through yesterday that was stimulatory. we are seeing a rise of .5% at the start of the session. when it comes to the record high in august, we are 1.5% shy of that, the longest winning streak since december 2020 for trading in australia. the yield study, just under 2.8% from a watching downside being led in new zealand, now down over 10%. south korean production crossing the bloomberg. industrial production, that number at 6.5%, upbeat on expectations of

the u.s. military disappeared, the afghan economy predictably collapsed. 75% of the afghan government budget came from foreign donors and that was rightfully held back in august to prevent it from going to the taliban. no country can cope with the loss of 75% of public sector support overnight, especially one that was already in dire straits. in this moment of crisis, the organizations on the ground are racing to scale up the humanitarian response. the u.n. released an appeal to international donors for $4.4 billion to meet the q-tip -- emitted terry and need in afghanistan. this is the largest single u.n. -- single country u.n. appeal in history and that tells you something about the scale of the crisis. it's larger than what we see in syria or yemen or ethiopia. i support the decision to dedicate an additional $308 million to humanitarian aid in afghanistan. that money is going to save lives. congress should authorize more. the humanitarian cannot be expected to do it all. they will do every

only takes u.s.unding and ultimately it started out focusing on terrorism issues in aftermath of 9/11, middle east centric focus, grunt to focus on states, iran, the nuclear program, a couple of functional areas, sanctions, military issues, cyber issues i know covers really a range of global threats to the us interest and u.s. national security. we have people to focus on north korea, china, russia and like me the regional and strategic and functional portfolios that come from a. >> we heard when it comes to them a nuclear deal may have been a somewhat come up as far as the finalization of that and yet out of your the financial times and others reported that it could be a possible pause on these talk. what's the significance of these velvet? >> we've heard so much about different iranian nuclear deals timelinesve ever since these indirect negotiations commenced about 11 months ago. you've had the biden administration saying the winter for diplomacy is closing, the runway shortening. ultimately they r

we are seeing u.s.utures gaining ground. two tents of 1% at the moment after the s&p 500 rallied, the biggest two day rally since 2020. that's interesting because we saw a tumble as much as 3% in the new york session after we saw the fed signaling more rates to come. chair powell talked about how strong the economy was. it helps that we saw chinese abr getting ground. shows up more than 30% after beijing said they would support the economy, the markets. we are seeing crude at the moment in the asian section -- session rebounding. we saw a little decoy -- decline in the new york session. libya is asking a black -- asking opec-plus to increase supply. it was all about the treasury space. we saw yields job and the curve flattening, talking about the 530 really dropping to the lowest level since 2018. >> we are seeing asian equity futures sword. -- soaring. it feels like fed chair struck the balance reassuring on the outlook for the economy. this is what we are seeing when it comes to new zealand. trading i

one u.s.described the trial that trevor reed went back -- went through back in 2020 as theater of the absurd. so clearly the reed family believes he is wrongly imprisoned, they're trying to get him out and they're very concerned given the situation in the region right now how all of this might affect the release of their son, joey and paula reed spoke with cnn earlier this morning. >> everything we could have hoped for, we thought with just the acknowledgement on the way in to the motorcade that i felt okay, he at least saw me and i felt validated by that. when he called, and put it over the top, it was just great. >> we believe president biden is probably one of the most compassionate caring presidents we have had in modern times. but he just reinforced that he's always thinking about trevor, the thing that really kind of put it over the top for us was he said he prays for our son every day and he said a rosary before he came to fort worth for our son. >> and, erica, the family is also dealin

the u.s. information suggesting china expressed some openness to providing russia with military request and financial stance. that's according to a western official saying the details were found in a diplomatic cable. the white house said that russia's war against ukraine was among the topics when national security adviser jake sullivan met with china's top dip employee mat in rome today. what is putin specially requesting from china? do wre know? >> military and economic support. this comes as the invasion into ukraine has not gone as planned. we have reported on the technological and logistical, fuel shortages that the russians have come up against as they have mounted this invision. this reporting comes today as the national security adviser was meeting with chie niece off -- chinese officials in rome and the state department spokesman said national security advisers told them clearly and directly raise concern with china about supporting russia as they continue mounting this invasion and t

u.s. and u.k. bart russian crude, moscow retaliates against sanctions ordering restrictions on raw material experts. the lme won't resume demonstrating before friday. mcdonald's and coca-cola and an imminent default. we are in an turbocharged moment of fear. the equity markets don't tell the story but the oil market does, accelerating into a new level of sanction ability. dani: extreme stress is the phrase that stuck out to me from j.p. morgan, the market feels treacherous at this moment. manus: to the euro, if russia cuts europe off from gas, what will it do to the euro? the positioning on the euro is now askew. the most extreme since 2011. herein lies the point, if we are heading toward recession in europe, what does it do to the ecb, to the euro, and does it make parity a larger call from the fx clack? dani: if the euro is the shot, had the chaser, and that's gold. you've seen investors fleeing toward goal, hitting high of only five dollars away from an all-time high. the concern in eur

days ago, u.s. intelligence assessed that as russia's initial rapid invasion plan with a rapid capitulation of ukrainian forces did not pan out. that russia's advance would become more brutal, more ruthless, with more powerful weapons and less regard for innocent civilian life. and that's what we are seeing pan out in a number of cities around ukraine and sadly as that happened, russian forces have advanced further. russian forces on the march. closing in on cities in southern ukraine. says his city is now under russian control. ukrainian forces have left. though, senior u.s. defense official says there is still fighting there. russian forces have also surrounded the city and the deputy mayor tells cnn it has lost water, and power. >> we have continuous shelling for 26 hours. 26 hours, they are destroying our city. >> reporter: in the north, u.s. says russian forces are making slower but still devastating progress. the russian military flattened a residential area near kyiv and houses in a town. it

we still like the u.s. and within the u.s. information technology communication services and financials, we really think you want to focus on quality, here is the reason for the i.t. and the services pick, these are companies that even though they have been handled pretty roughly in markets pretty recently, we think they're still good prospects for them in the medium and longer term. that's where you want your longer term investors averaging in here a little bit and not paying too much attention to the volatility. shery: j.p. morgan was seeing a 10% for stocks, can we expect such a technical boost in the short term? paul: possibly. it's difficult to expect that normal sort of technical bounds to out weigh the many other uncertainty, the fed, the war, the commodity prices, you name it. that's a pretty tall list, pretty tall order to overcome. shery: when it comes to emerging markets, i understand your logic that given what is happening with china, you're bear injury and you're not very optimistic about the prospects there. many

the u.s. considers a unilateral ban on russian oil imports. vladimir putin insist the war will not end until his demands are met. third round of talks today. the euro drops below parity with the swiss franc. gold hits $2000. copper and palladium at all-time highs. good to be back with you. we are in a new phase of potentially the weaponization of oil. that is potentially unilateral embargo of russian oil. we moved from sanctions to the reality of real sanctions with real teeth on russian oil. good morning. dani: good morning, and the consequences for oil on this economy is real. fears most acute in europe. goldman sachs writes that the constructive thesis for the euro is off the table. we are looking at euro parity at least when it comes to the swiss franc. is the dollar next? manus: we are in an oil shock, inflation shock, stagflation narrative. to the library you go. this is where you begin to understand the scale of the moves in commodities. the biggest weekly move in 60 years. that exclude

u.s. lawmakers to act urgently and change policy to address the humanitarian crisis in afghanistan, mr. miliban's plea came before testimony in a foreign nations subcommittee. this is just under 90 minutes. >> subcommittee to order today for a hearing on a critical topic, the humanitarian crisis in afghanistan. i'll start with a few opening remarks and turn it over to senator young to introduce the witnesses. i think we'll be joined by a number of colleagues so we'll try to be brief in our opening remarks. let me start by saying my belief is president biden made the right decision to remove our remaining troops from afghanistan. the american people, by a large margin, support that decision. the overnight collapse of the afghan army and the government was, to me, proof that 20 years of nation building had failed and another 20 years, frankly, was not going to end in a different result. the scenes of the withdrawal were hard to watch and there's no doubt mistakes were made. the state departm

but what the u.s. navy is now doing and kayna whitworth is with them. >> reporter: we are heading to the front lines of what's been called a very cold war. here in the arctic, where temperatures hover around negative 20 degrees, the u.s. navy is conducting three weeks of drills, with a sharp eye on nearby russia. they've set up camp on an ice flow 160 miles away from land. but the real action is underwater. so here it is, the "uss pasadena" has just come up there the arctic ice. you can see sort of the front of it right there and this part is coming up all the way through the ice. that's our ride. the "pasadena" is one of two attack submarines in the region. it has a steel reinforced sail, allowing it to punch up through arctic ice as thick as five feet or more. >> welcome aboard! >> reporter: all right, let's go. >> reporter: below the surface, the navy trains to find and evade enemy subs. >> there's are a lot of people that would like to hide from the u.s. submarine force. i just say, they're not ver

he has no incentive right now to negotiate a u.s. no-fly zone, supported by allies can help with that. can it get us into a war with russians? that is a potential but the reality is this war is expanded and the one thing that vladimir putin response to his force. we have not heard him do that yet. he is getting more aggressive. we've got to be able to say enough is enough. host: lancaster, california. this is glenn. good morning. caller: good morning. i would like to talk about when it the invasion first happened in crimea. right before that, we sent a bunch of money, plant loads in the dark to iran and that helped fund crimea because they bought weapons from russia. and now, we are in this again. biden is back in there again. the corrupt, nonrepresentative -- he does not even take a question from our press that's right in bed with him. there is another thing. mr. biden is over there pushing the green deal. he does not even really care about the ukrainian people. he doesn't care about the american people. he is enriching himself thro

meanwhile, uk and u.s.the oligarchs hire in the u.s., freezing the u.s. hedge fund assets made by roman abramovich investing billions through an unregistered foirm in new york called concord management including big names. abramovich was trying to sell the investments recent sources saying he has large holdings of u.s. stocks. unclear which institutions using to trade those and the oligarchs are on the run right now within the past hour private jet used by abramovich left israel headed to turkey they can run but they can't hide. >> a head wind for the assets they have ownership of the dow down by 80 joining the nasdaq and s&p in negative territory this afternoon why that does it here on "the exchange." "power lunch" picks up right now. ♪ >>> indeed it does, kelly. as the gains go slip sliding away welcome to "power lunch. we have two power players ahead this hardware. ceo of liberty oil fields services is here under pressure to increase output and the former google ceo warns of a national security emergency

the u.s. will not be part of subsidizing vladimir putin's war in ukraine. today the president announceds a ban on russian oil imports. it's a move the administration has warned will result in higher fuel prices ahead already record numbers at the pump. also tonight officials in poland say they will send making 29 fighter jets from poland to a nato base in germany for potential use by the ukrainian military. but neither nato nor the u.s. have said they will accept the planes and will were caught off guard by poland's announcement. russian aircraft continue meantime to bomb cities in central and eastern parts of ukraine number of refugees 2 million mark. volodymyr zelenskyy evoked winston churchill when addressing the british parliament today. benjamin hall starts us off live from the capital city of kyiv. good evening, benjamin. >> good evening, bret. familiar passage? ukraine. humanitarian supplies failing to get where they need into besieged cities and at the same time you have people unable

the u.s. covid-19 response. watch "washington journal" live at 7:00 a.m. eastern. on c-span or c-span now, our new mobile app. join the discussion with your phone calls, facebook comments, text messages and tweets. coming up friday on c-span, the president of latvia will discuss russia's invasion of ukraine and what it means for this country and the baltic region. live from the washington post at 10 a.m. eastern . then the chief of ukraine's president discusses nato's diplomatic efforts, and steps the u.s. and its allies can take to support ukraine. you can watch our live coverage online at c-span.org, or on c-span now our free video app. next, the u.s. ambassador at large for global criminal justice details the state department's assessment that russian forces have. -- committed war crimes in ukraine. this is about 15 minutes. ms. van schaack: good afternoon, everyone. i really appreciate the opportunity to address you here today as the ambassador at large for global criminal justice. the off

u.s. is set to announce further sanctions aimed at russian political figures and all the carts as president biden meets with european leaders. dan, what are we expecting? >> obviously, biden is traveling to europe in the coming days and he is set to announce some new sanctions on oligarchs and political figures. presumably those closest to vladimir putin. this is following a barrage of sanctions we have seen in recent days on russia. it has been a few days since we have had a big announcement like this. i think at this point there has been some pressure from congress and others to sort of tighten the news around putin and to cut off a lot of his support. also to tighten some of the sanctions that have already been announced. there are some transactions that are allowed to go through. based on the sanctions of the have been enacted so far. there are voices in congress that are calling for secondary sanctions, those would be sanctions on entities that do business. it could be some combinatio

the u.s. officials told us, the u.s. is sharing intelligence on russian troop positioning and russian troop movements. they're sharing intercepted communications detailing russian military planning. officials say they've set up multiple channels for this information to get to the ukrainians including building a secure portal where the united states can put information, post information, and then they can pull it down securely on their side. officials also say this information that this intelligence is getting to the ukrainians quickly. in some cases, according to one source we spoke to, as quickly within 30 minutes to an hour of the united states itself receiving the information. >> but there are some limitations on what the u.s. is sharing, i would imagine. >> yes. the u.s. is downgrading this intelligence. it is scrubbing it for sensitive sources and messages. this is a big concern. getting any kind offer secure communication lines into kyiv right now, anywhere in ukraine with an active war, the united states doesn't w

u.s. allies about russia's war against ukraine as the bombs keep falling and civilians keep dying. the u.s. now formally declaring that kremlin forces have committed war crimes. this hour, we're getting new glimpses of the widespread destruction from russia's invasion, and a new estimate of the toll on vladimir putin's military. nato now estimating that as many as 15,000 russian troops have been killed on the battlefield. our correspondents are on the front lines in ukraine and at key locations here in europe and the united states, as putin's warheads into a second month. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer in brussels and you're in "the situation room." >>> we're live at the european union headquarters here in brussels. where president biden has just arrived for urgent meetings with key allies as europe faces its worst military and refugee crisis since world war ii. cnn's senior correspondent phil mattingly begin our coverage. the sta

commander of u.s.l in the united states is saying they are facing something they have never faced. >> we are witnessing one of the largest shifts that geo strategic power has ever witnessed. we face two nuclear peers who have the capability to escalate to any level of violence in any domain worldwide with any in straou -- instrument of power. >> bianna golodryga. two near peers. obviously the soviet union, then russia seen as a near peer. now china a near peer there. how does that change how the u.s. needs to think about this? >> we should separate it. both countries have been investing heavily in more nuclear technology in their arsenal. remember both invested and tested hypersonic weapons. we have seen vladimir putin boasting about this the last few years, as has china. and mark milley called it a near sputnik moment. that having been said, given the instability of the region, some of the posturing we have heard out of vladimir putin putting his nuclear forces on high alert last week, i think all of

that will compel the u.s. to get involved. the nato agreement requires the u.s. to get involved when its allies are attacked. to me, that is what would proceed any direct involvement of u.s. troops. however, what is being discussed in washington is more sanctions for russia. congress did not get that done last week but it is still in the talks this week. whether that deals with russian trade, for example, more bans a oil, natural gas. that is on the table. host: do you believe, reid wilson, this issue of sending the polish air fighter jets into ukraine, is that resolved, is that done, will not happen? guest: i think we are seeing a substantial pressure from congress to get that done. you heard rob portman talk about that yesterday on one of the sunday shows. even democrats, biden administration allies pushing to get the deal done. people like jason crow of colorado, a veteran himself, trying to get something done. that is probably the next step. we will see progress on that this week from the white house as they try to figure out a way to get this done without ap

the u.s. ready to ship them to ramstein air base in germany with the goal of getting those planes into the hands of ukrainian fighters. top state department official is about to testify in front of senators. that is on the left side of your screen. we'll watch that for reaction. we are also watching texas right now too where president biden is set to meet this hour with military veterans. any comments on ukraine, russia, the economy, you will hear them here first. with wall street on another bumpy ride, stocks rebounding, the dow in the green, but gas prices also on the way up. you have the house gearing up for a vote soon to ban russian oil from the u.s. democrats and republicans wanting to go further than what the biden administration has done so far. here live this hour, the director of the national economic council brian deese. and it is shaping up to be a busy afternoon along with our team covering all of it. courtney kube, matt bradley, garrett haake, and we're also joined by brian sulli

u.s. response from the pentagon press secretary john kirby. but let's begin our coverage this hour with a closer look at all of the late-breaking developments in the war, here is cnn's oren liebermann. >> reporter: russia is broadening its attack, hitting targets both military and civilian. in the capital city of kyiv, flames pour out of the remnants of an apartment building. firefighters evacuating the wounded. russian forces have not yet encircled the capital city, a senior u.s. defense official said, but they are trying. >> in kyiv itself, everything is okay. there were some shortages, but no desperate situation. but in towns south of here, some of them are occupied but russian forces and some of them were fighting now and they're situation is absolutely awful. >> reporter: ukraine's resistance has stalled much of the russian advance on the ground, the defense official said. and the skies over the war-torn country remain contested. russian bombardment pounding a city in southern ukraine

. >>> it comes a president biden announces the u.s. will ban russian oil as u.s. gas prices hit a new record $4.17 a gallon >>> plus more u.s. companies, mcdonald's, coca-cola, and starbucks joining the russia backlash. >>> and the staggering humanitarian toll, 2 million fleeing ukraine in less than two weeks. their stories of escape >>> also tonight, the first january 6th rioter to stand trial. the verdict handed down today >>> our new report on a texas town at the center of controversy. the 12-year-old student saying he was relentlessly bullied an encouraged to take his own life the civil rights investigation and his message to other bullied kids >> announcer: this is “nbc nightly news" with lester holt reporting from lviv, ukraine. >>> good evening for so many in battle scarred ukrainian cities it feels like there is no safe passage. only harrowing escapes. civilians deaths rising again tonight in the face of russian shelling tonight russian forces taking in a new route of attack as they make their slow advance on kyiv now less than 40 miles from its center. uk

u.s. lawmakers to close the skies or give us planes, as russia's barrage of ukraine reduces cities and towns to rubble. new images show the devastating aftermath of an air strike to the south of kyiv that police say damaged up to 20 homes. civilian evacuations halted in two besieged ukrainian cities after russia reportedly broke a cease-fire agreement. renewing offensive operations there. in mariupol, the number of dead and injured climbing. russia trying to take the strategic city and cut ukraine off from the black sea. u.s. officials warning that indiscriminate bombing will only increase, sending ukrainians fleeing. as many as 1.5 million refugees escaping ukraine so far, crossing into multiple neighboring countries. these images show hundreds of people outside the capital, crowded under a destroyed bridge, trying to leave. protests erupting in another major ukrainian city now under russian control. putin speaking out today, saying that sanctions against russia are akin to declaring war,