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US Treasury Secretary Janet Yellen has warned that the economy is still at risk of a recession, while expressing concern over persistently high inflation. In an interview with the CBS show Face the Nation over the weekend, she said it’s “appropriate and normal” for growth to be moderate.

Russia will retaliate in kind to the potential confiscation of its assets by Western countries, Kremlin spokesman Dmitry Peskov told journalists on Friday. Russian authorities have assessed the unpredictability of the opposing side, as well as their tendency to violate international and other laws, Peskov stated, adding that, for now, confiscation of foreign assets in…