U.S. intelligence agencies say the Russian military faces years of recovery after losing equipment and personnel during the conflict in Ukraine.

According to the British Financial Times: The EU plans to quickly allocate 2 billion to 3 billion euros from frozen Russian assets to Ukraine.

Fitch: More basic housing projects are likely to be launched in the United States as the affordability crisis intensifies.

Insider: Apple is testing AI-based advertising products for the App Store.

According to Politico: The European Commission supports Bosnia in its EU accession negotiations.

Eurogroup President Donoghue: EU ministers agreed on an "ambitious roadmap for capital markets".

The U.S. 3-year Treasury bond auction as of March 11 - the bid-to-bid ratio was 2.6, compared with the previous value of 2.58.

Italian bank Intesa Sanpaolo said its 1.7 billion euro share buyback program has been authorized by the European Central Bank.

U.S. President Biden announced the 2025 budget plan, which includes $621 billion in discretionary budget power in 2025.

The White House released a budget proposal, projecting a deficit of US$1.781 trillion in fiscal year 2025, US$1.859 trillion in fiscal year 2024, and US$1.694 trillion in fiscal year 2023.

Central Bank of Russia: Net foreign exchange sales of Russian exporters were US$10.4 billion in February, compared with US$12.9 billion in January.

GBP/USD fell below 1.28, down 0.45% on the day.

According to Turkish banking sources: Turkish banks have begun limiting the number of installments for cash advances to curb loan growth.

The U.S. three-month Treasury bond auction as of March 11 - the bid-to-bid ratio was 2.53, compared with the previous value of 2.65.

The U.S. six-month Treasury bond auction as of March 11 - the winning interest rate was 5.1%, compared with the previous value of 5.11%.

NATO Secretary-General Stoltenberg: (Regarding French President Macron’s comments about sending Western troops to Ukraine) It is very important to consult on important issues and adopt a common approach among allies.

Market news: The Czech Prime Minister will meet with US President Biden at the White House on April 15.

Algerian Energy Minister: Investment in Algeria’s energy sector will increase by more than $9 billion in 2023, compared with $8 billion in 2022. Fuel export revenue fell by 16% to about $50 billion in 2023 due to lower average oil prices.