Top shipping companies suspend transports to Russia

• Russia, which has the 11th-largest economy in the world, "is now effectively cut off from a large chunk of the globe's shipping capacity," Reuters notes.
• Maersk will still ship food and medical and humanitarian supplies, however.

Between the lines, via Axios' Nathan Bomey: Russia’s sudden status as an economic anathema has triggered a form of reverse globalization — with Western countries including the U.S. taking steps to excise Russia from the global financial system.

Go deeper... Dashboard: Russian invasion of Ukraine