Ukraine’s detention of oligarch close to Putin angers Moscow. Ukraine says it damaged Russian flagship, crew evacuates. Finland, Sweden move ahead toward possible NATO membership. Skepticism prevails in Mexico’s power market ahead of Congress’ vote for constitutional reform. Oil markets open slightly lower as market weighs mixed supply signals. Wholesale inflation climbed 1.4% in March. The Mortgage Bankers Association expects overall mortgage originations to be $2.58 trillion this year, after previously calling for $2.61 trillion. That would represent a 35.5% decline compared with 2021. Tesla CEO Elon Musk offers to buy Twitter for $43 billion. Canada’s Housing Market Is Cooling. JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions. Apple Inc. stock rises Wednesday, still underperforms market. US Labor market strong, but inflation still an issue for consumers. Gov. Greg Abbott has ordered state officials to inspect each truck. Drivers with fruits and auto parts are now backed up for miles. In Mexico, new airport is still missing basics after big inauguration. Cost of Mexico’s Dos Bocas refinery now near $10 bln. Mexico Is Flooded With Top Software Development Talent. Six of the world’s smallest frogs discovered in Mexico. Mexico received almost five million tourists in two months. Mexico, other Latin American countries condemned in annual US report on human rights.
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