Russia, China drove surge in defaults last year
Geopolitical tensions and OPEC+ to keep prices elevated in short term
3.5% growth could mask private consumption contraction
Russia's invasion of Ukraine cited as key factor in global economic slump
The interest rate cut comes as central banks around the world are rushing in the opposite direction
Moody's cuts expectations amid ongoing headwinds
Economic, financial fallout from Russian invasion is driving increased risks
European regulators set expectations for investment funds and issuers amid the conflict
Trading was under heavy restrictions after the month-long shutdown
War impacts on other exports and higher costs for consumers will likely cancel out any benefits, a CIBC report says