The collapse of Baltimore’s Francis Scott Key Bridge, which has cut off ocean routes to the city’s major port, is expected to cause severe disruptions to local transport and logistics, producing ripple effects on global supply chains.

The Russian economy is entering a period of major adjustments to cope with the impact of the sanctions placed on Moscow by the US and its allies, Elvira Nabiullina, the head of the country’s central bank, says.

The veteran statesman said he never suggested that Ukraine should cede territory to Russia Henry Kissinger has denied ever claiming that Russia should keep territories that Ukraine considers to be under its jurisdiction. He added that criticism directed at comments he made on the subject has been misplaced.