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Russia has pledged to address Transnistria’s plea, while Moldova has condemned the call as a “propaganda declaration” Transnistria, an unrecognized republic that split from Moldova in the early 1990s, asked Russia on Wednesday for help amid mounting pressure from Chisinau, which it describes as an “economic blockade.”

The Dow and the Nasdaq tumbled amid a broad sell-off after the Fed hiked key rate US markets fell sharply on Thursday in Wall Street’s worst day since 2020, eviscerating all the gains from the previous day, after the US Federal Reserve announced plans to raise the key interest rate.