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Ukraine Latest: Russia Closer to Default; Soros Sees an EU Edge

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WATCH: US President Joe Biden said Russia’s invasion of Ukraine appears to be aimed at obliterating the culture of its neighbor.Source: Bloomberg
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Russia will be pushed closer to a potential default after the US Treasury said it would let a key sanctions waiver benefiting American investors expire. 

Billionaire George Soros said he believes that Europe is in a stronger position than it thinks when it comes to dealing with Russian President Vladimir Putin.