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The company behind the nord stream to pipe line has reportedly become insolvent. Some analysts were speculating that baging was taken somewhat by surprise by guton's actions last week. Plus, crypto currency exchanges are coming under pressure to shut down ties to russia filipino. And china has shifted its dance on russia's attack on ukraine.

The controversial Nord Stream 2 pipeline company that was to bring Russian gas to Europe is reportedly insolvent, China has signalled it is ready to play a role in finding a ceasefire, and crypto exchanges are under pressure to block transactions with Russia as western politicians fear that cryptocurrencies will undermine the effectiveness of financial sanctions.

Mentioned in this podcast:

Nord Stream 2 pipeline becomes insolvent, says Swiss official

Beijing shifts public position after call between Chinese and Ukrainian foreign ministers

Crypto exchanges resist calls for Russia bans after sanctions

War in Ukraine: free to read

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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