Kenyan President Uhuru Kenyatta is struggling to meet economic growth targets a year after his election victory as he focuses on fighting charges from the International Criminal Court that link him to violence that left more than 1,100 people dead after a 2007 vote.
Turkey’s bonds are showing the strain of the nation’s ethnic ties to Tatars in southern Ukraine, embroiled in an escalating crisis with Russia, the source of more than half the Mediterranean country’s gas.
Stocks slid, with an index of global equities tumbling the most in a month, while the ruble weakened to an all-time low as Russia’s growing military presence in Ukraine prompted an emerging-market selloff. The yen, U.S. Treasuries and gold rose as investors sought havens.
China’s President Xi Jinping ordered a crackdown on “violent terrorist activities” after 33 people died when knife-wielding assailants rampaged through a train station in a southwestern city on March 1.
North Korea fired two short-range ballistic missiles after it launched four into the sea off its eastern coast last week, escalating tensions as the U.S. and South Korea entered the second week of joint military drills.
Ukraine told Russia that a military invasion would be an act of war following a vote by lawmakers in Moscow to give President Vladimir Putin the right to send troops after pro-Russian forces seized control of Crimea.
President Barack Obama responded to the crisis in Ukraine by suspending U.S. preparations for a meeting of industrial nations in Russia and telling President Vladimir Putin that his country has violated international law.