Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario planning” with the British and U.S. governments

via reuters: Banking industry is assessing China exposures Review of risks sent to Western governments – UK Finance Bank boards discuss possible impact of any China curbs – bankers Lawyers receive surge in calls for mitigation advice West-China tensions have …

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ESCALATION: Russia Announces Full Sea Blockade of Ukraine. US & Turkey will Guarantee Safe Passage of All Ships

https://twitter.com/baronitaigas/status/1681685241692401665?ref_src=twsrc%5Etfw The Russian MoD has declared a full blockade of Ukrainian ports on the Black Sea. Ukraine is now land-locked, and will remain so in perpetuity — assuming it persists at all as a sovereign entity. UPDATE – TASS updated …

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