From the pandemic to Europe’s largest military conflict since World War II, it seems the world is moving from one extraordinary period to another. The conflict in Europe has generated a maze of rapid legal, political and economic responses from authorities around the globe. Those actions are rippling through capital, markets and boardrooms as businesses grapple with how to respond. Join ABI and a panel of experts to discuss where we are headed and what businesses should consider.

Russian shopping malls are facing a drop in rental income of around 30% to 50% this year due to international brands shuttering their operations, leaving many facing bankruptcy, a report from Forbes Russia has found, European Supermarket Magazine reported. Marks & Spencer, H&M, Nike, Mango, ASOS and Farfetch are among the international brands that have ceased operations in Russia due to the conflict in Ukraine, with CBRE analysts estimating that the share of closed stores stands at 15% by brand and 20% by area, Forbes said.

Tommy Robinson has failed to appear at the High Court to answer questions about his finances in connection with unpaid legal bills, The Mirror reported. The English Defence League founder was successfully sued for defamation by Jamal Hijazi when the then 15-year-old was assaulted at Almondbury Community School in Huddersfield in October 2018.

Three Spanish truckers unions on Tuesday dismissed a government aid package and joined a spontaneous one-week strike against rising fuel prices that is likely to aggravate a shortage of food products in supermarkets across the country, KFGO.com reported. The three truckers unions opted to join the strike after they decided a 500 million euro ($550.45 million) government support package offered on Monday was vague and not enough to compensate for the soaring price of diesel.

The apartments typically go unused, instead acting as an investment vehicle to hold onto money, Africa Business Insider reported. They're often held through a trust or shell company to hide the identity of the true owner. In a small city in South Florida called Sunny Isles Beach, luxury condos tower over the Atlantic Ocean. But high above the busy streets, not all of the city's multi-million dollar apartments light up at night.

British government bond issuance will fall closer toward pre-pandemic norms in the coming financial year, when the market's biggest buyer over the last decade — the Bank of England — will move to the sidelines, according to a Reuters poll of primary dealers, Reuters reported. The Debt Management Office's 2022/23 gilt issuance remit is likely to show about 147 billion pounds ($193.8 billion) of bond sales, compared with 194.8 billion pounds in the current year, according to the median forecast in the poll.

Boris Becker dishonestly “played” the bankruptcy system, hiding cash, property and trophies from authorities, a court has heard at the opening of his trial, The Guardian reported. The multiple-grand-slam-winner is charged with 24 counts relating to concealing assets, nine of which relate to trophies and medals won during his illustrious playing career, including from his first Wimbledon men’s single championship when he burst on to the world scene, aged just 17 years old. Becker denies all the charges.

A Moscow court said on Monday that Meta was guilty of "extremist activity," but the ruling will not affect its WhatsApp messenger service, focusing on the U.S. firm's already-banned Facebook and Instagram social networks, Reuters reported. Meta did not respond to requests for comment after Moscow's Tverskoi District Court said in a press statement that it had upheld a lawsuit filed by state prosecutors on banning the company's activities on Russian territory.

Russian small and medium-sized enterprises (SMEs) have been hit by a tsunami of problems in just the first few weeks of the Kremlin's invasion of Ukraine, and entrepreneurs that have spent years building up their business are already going to the wall thanks to the multiple shocks hitting the markets, IntelliNews reported. Anecdotal evidence from conversations between bne IntelliNews and business people in the Russian capital is pouring in of widespread difficulties as the war in Ukraine goes into its fourth week.