Citigroup will lay off 286 employees in New York, according to a filing with the New York State Department of Labor. The job cuts come as the bank embarks on its biggest overhaul in decades.

Indian Mines Minister: There will be no coal shortage this year.

Philippine Environment Minister: The Philippine mineral resources are now valued at more than 6 trillion US dollars.

ECB Governing Council member Nagel: Once Germany’s debt falls below 60%, it will provide policy with some room for maneuver.

Russian President Vladimir Putin: It is necessary to forgive two-thirds of local budget loan debt. It is estimated that this can save them approximately 200 billion rubles per year from 2025 to 2028.

The UK Competition and Markets Authority has launched an investigation into alleged anti-competitive behavior by Google.

An Israeli government spokesman said controls over access to Al-Aqsa Mosque during peak Ramadan prayers were still under discussion.

On February 29, local time, according to the Iraqi security department, a Turkish drone attacked a car in Sinjar Town, Nineveh Province, northern Iraq, killing at least two people. It is reported that the car belongs to the Yazidi armed group "Sinjar Protection Forces". The PKK was founded in 1979 and seeks to establish an independent state through force in the Kurdish-inhabited areas at the junction of Turkey, Iraq, Iran and Syria. Its armed personnel are now mostly concentrated in northern Iraq and northern Syria. Turkey lists the organization as a terrorist organization and has repeatedly struck across the border against PKK targets in Iraq and Syria.

US Geological Survey: A magnitude 5.0 earthquake occurred 107 kilometers northwest of the Solomon Islands.

Royal Bank of Canada: Maintains Tesla (TSLA.O) Outperform rating and $297 price target.

Ukrainian President Volodymyr Zelensky proposed at the Ukraine-Southeast Europe Summit on February 28 to jointly produce weapons and ammunition with Balkan countries to provide support to the Ukrainian army.

India’s GDP growth rate is expected to be 7.6% in 2023-2024.

Data shows: India’s GDP growth in the October-December quarter of 2023 is 8.4%, and market expectations are 6.6%.

Polish Defense Minister: Poland will surpass the United States and become the country with the highest military expenditure as a percentage of GDP in NATO.

Spot gold fell back below $2,030 per ounce, down 0.23% on the day.

Ethereum hit $3,500 per coin, up 3.54% on the day; Bitcoin rose more than 4% on the day, now trading at $63,071 per coin.

The EU is preparing to approve an EU economic recovery fund worth 6.3 billion euros.

On February 29, local time, Egyptian President Sisi held talks with visiting Sudanese Sovereign Council Chairman Burhan. It is reported that the two sides will discuss issues such as bilateral relations and regional situations.