Russian stocks plummeted on Thursday and the country’s currency sank against the dollar to its lowest level on record, prompting Russia’s central bank to announce emergency support measures, as news of the long-anticipated Russian military action against Ukraine hit headlines. In a televised address, Russian President Vladimir Putin announced a “special military operation” in Ukraine that he claimed was meant to protect civilians and demilitarize Ukraine, but which Western leaders denounced as a baseless act of aggression. President Joe Biden late Wednesday issued a statement saying that Putin “has chosen a premeditated war that will bring a catastrophic loss of life and human suffering.” “The prayers of the entire world are with the people of Ukraine tonight as they suffer an unprovoked and unjustified attack by Russian military forces,” Biden said. Following Putin’s announcement, there were reports that Russian forces fired missiles at several Ukrainian cities, landed troops on its …
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