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Ukraine Update: Russian Warship Sinks; U.S. Eyes Envoy to Kyiv

Bloomberg business news
WATCH: IMF Managing Director Kristalina Georgieva discusses the “horrific” war in Ukraine, the global food crisis and Sri Lanka’s debt issues.Source: Bloomberg
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Russia lost the flagship vessel of its Black Sea Fleet, delivering a blow to its pride and military capabilities as it repositions its forces for renewed attacks in eastern and southern parts of Ukraine.

U.S. President Joe Biden said he’s considering sending a senior official to visit Ukraine. European Union leaders plan to discuss common gas purchases at a summit next month, as they seek to avoid competing against each other for alternative energy supplies while reducing imports from Russia.