US targets Russia with more sanctions

Plus, Chinese police are on patrol in Hawaii's Pacific neighbor.

Sign up for Reuters newsletters Daily Briefing The US targets Russia's military industrial complex, Netanyahu presents his first official post-Gaza war plan, and Nvidia adds a record $277 billion in stock market value. Plus, America is back on the moon. By Linda Noakes Today's Top News An honor guard of the Russian Navy's Black Sea Fleet takes part in a ceremony marking Defender of the Fatherland Day in Sevastopol, Crimea, February 23, 2024. REUTERS/Alexey Pavlishak  TWO YEARS OF WAR US President Joe Biden announced Washington would issue more than 500 new sanctions targeting Russia as the United States seeks to increase pressure on Moscow to mark the second anniversary of its war in Ukraine. As the war enters its third year, Ukrainian refugees in Europe face an uncertain future. We spoke to Ukrainian teenagers building new dreams. Biden met the wife and daughter of Alexei Navalny, the Russian opposition leader who died last week in a prison camp, and called him "a man of incredible courage". The Biden administration warned Iran of a "swift and severe" response from the international community if Tehran provided ballistic missiles to Russia, after Reuters reported earlier this week that the Islamic Republic shipped the powerful weapons to Moscow. IN OTHER NEWS The US, Britain, France and Germany all backed outgoing Dutch Prime Minister Mark Rutte to succeed Jens Stoltenberg as the head of NATO, putting him in a strong position to win the leadership of the transatlantic alliance. Europe Editor Rachel Armstrong spoke to the Reuters World News daily podcast about the man dubbed 'The Trump Whisperer'. Israeli Prime Minister Benjamin Netanyahu has presented a "day after" plan for Gaza, his first official proposal for when the war in the Hamas-run Palestinian territory ends. According to the document seen by Reuters, Israel would maintain security control over all land west of Jordan, including the occupied West Bank and Gaza. Donald Trump urged Christians to support him in the 2024 presidential election, a contest he depicted in religious terms and likened to the great battles of World War Two. Speaking at a forum for Christian broadcasters in Nashville, he compared the stakes for the election to D-Day and the Battle of the Bulge. Chinese police are working in the remote atoll nation of Kiribati, a Pacific Ocean neighbor of Hawaii, with uniformed officers involved in community policing and a crime database program, Kiribati officials told Reuters. Kiribati has not publicly announced the policing deal with China. Germany's parliament is expected to pass a law today legalizing the cultivation and consumption of a limited amount of cannabis, regularizing the behavior of the 4.5 million Germans estimated to use the drug. Business & Markets Nvidia added $277 billion in stock market value, Wall Street's largest one-day gain in history, after the heavyweight chipmaker's quarterly report beat expectations and reignited a rally fueled by optimism about artificial intelligence. AT&T said an outage that disrupted calls and text messages for thousands of US users and prompted federal investigations was not caused by a cyberattack. The carrier restored wireless service for all affected customers yesterday, several hours after an outage that affected more than 70,000 users at its peak. Whisper it quietly, but Argentina's embattled markets are showing signs of doubling down on the country's no holds barred libertarian leader Javier Milei, betting he can pull the economy out of crisis. Germany's BASF will slash another 1 billion euros in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting the country's economic troubles. Standard Chartered Chief Executive Bill Winters acknowledged the bank's underwhelming share price and vowed to fix it as the lender announced increased dividends, a fresh $1 billion buyback and an 18% increase in annual profit. "The share price is crap. I know that's going to be a quote," Winters told reporters. The Week Ahead Inflation data from the US, Europe and Japan will frame the week with key PMI numbers due in China, and policymakers are gathering to debate how to restart the stuttering economic growth engine that is global trade. Here's your week ahead in world markets. Donald Trump and Nikki Haley's battle for the Republican presidential nomination heads to South Carolina on Saturday, when the Southern state hosts the party's third major competitive contest of the primary season. The US Congress lurches into a week of political chaos on Monday, as lawmakers struggle to avoid a partial government shutdown in a matter of days, while putting Joe Biden's top homeland security adviser on trial in the Senate. Moon landing: US clinches first touchdown in 50 years Intuitive Machines' Odysseus spacecraft passes over the near side of the Moon. Handout via REUTERS A spacecraft built and flown by Texas-based company Intuitive Machines landed near the moon's south pole, the first US touchdown on the lunar surface in more than half a century and the first ever achieved by the private sector.   NASA, with several research instruments aboard the vehicle, hailed the landing as a major achievement in its goal of sending a squad of commercially flown spacecraft on scientific scouting missions to the moon ahead of a planned return of astronauts there later this decade. And Finally... A green tree python coils on a branch at Shanghai Natural Wild-Insect Kingdom. REUTERS/Claro Cortes/file photo Since first appearing during the age of dinosaurs, snakes have authored an evolutionary success story - slithering into almost every habitat on Earth, from oceans to tree tops. New research shows they experienced a burst of innovation early in their history and have evolved at a rate perhaps three to five times faster than their lizard cousins. Read more here: How snakes got an evolutionary leg up on the competition Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters.com Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here.   Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. Reuters Terms & Conditions and Privacy Statement © 2024 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036