Stocks dive, oil surges as Putin issues warning on Ukraine

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FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan’s Nikkei index and various countries’ stock market index prices outside a brokerage in Tokyo, Japan, February 22, 2022. REUTERS/Kim Kyung-Hoon

February 24, 2022

By Andrew Galbraith

SHANGHAI (Reuters) – Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher after Russian President Vladimir Putin issued a blistering warning against Ukraine and authorised special military operations in Ukraine’s Donbass region.

Several explosions were heard in the Ukrainian capital, Kyiv, before dawn, after an initial series of sounds similar to artillery fire, a Reuters witness reported, shortly after Russia announced the military operation.

Putin called on Ukrainian soldiers to immediately lay…

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