SQUAWK BOX, MONDAY 9TH MAY, 2022

The U.S. slaps a raft of fresh sanctions on Russia, targeting the country’s financial sector. We hear from former NATO Secretary-General Anders Fogh Rasmussen who says the West has underestimated Russian President Vladimir Putin on several levels. U.S. and European futures are in the red following last week’s turmoil with fresh inflation data and Fed speak coming this week. In China, export growth slumps to its lowest level in 2 years as Beijing’s zero-Covid approach hits both manufacturing and output.