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From the BBC World Service: Ukraine has called on Western governments to go much further with their sanctions, including cutting Russian banks access to the Swift global payments system. We’ll tell you more about the system, and why EU countries are reticent to make the move. Also today, we hear one businessman’s experience of trying to flee Ukraine as the capital Kyiv comes under fire.

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The Department of the Interior announced it will put $1.7 billion dollars towards fulfilling water rights settlements with 12 tribal nations in Arizona, New Mexico, Utah and Montana. It’s been long overdue, as tribal water rights on paper have been established for more than a century. Ukraine has suspended activity on its ports near the Black Sea region, which is a trade nexus for both Ukraine and Russia. The Fed could stick to its interest rate plans despite the conflict.

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Before attacks on cities across Ukraine, cybersecurity experts say Russia disrupted or took offline Ukrainian government websites and other critical infrastructure. On Thursday, President Joe Biden announced new sanctions against Russia for the land invasion. While these new sanctions are significant, they also come with a risk that Russia will retaliate with cyberattacks against the U.S.

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Things are pretty hollow on this Hollowed-Out Shell Thursday. After weeks of posturing, Russian forces invaded Ukraine on Wednesday night. We can’t predict what’s going to happen next, but we can guess on the probable economic ripples. We’ll end with a surprisingly divisive Make Me Smile.

Sign up for the Make Me Smart newsletter (or any other Marketplace newsletter) by Feb. 28 and be entered to win a signed Vintage Kai T-shirt.

Here’s everything we talked about today:

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Before Russian forces began pounding parts of Ukraine with artillery, they are believed to have inundated the country with an arsenal of cyberattacks that picked away at its infrastructure. With the invasion, what’s the rest of the world to expect on the cyber front? To help answer that question, we spoke to Adam Meyers, Senior Vice President of Intelligence at the cybersecurity firm CrowdStrike. Diane Swonk discusses the behavior of the markets with us. World leaders are planning a round of stronger sanctions against Russia.

In a statement last night, President Biden said new sanctions against Russia would be severe. He also promised that the U.S and allies will continue to provide support to Ukraine. The invasion has triggered chaos in world markets, and Michael Hewson of CMC Markets in London joins us to discuss the impact so far. The vaunted TV show “Law & Order” is set to make its return, and it faces a vastly different industry than the one it dominated during the 1990s.

From the BBC World Service: Russia’s military invasion has begun, with fighting in the east and south of Ukraine, and explosions have been heard close to the capital Kyiv. The moves have seen stocks around the world fall, and oil prices rocket to seven-year highs. We’ll also hear how the Russian economy has been preparing to insulate itself from new, tougher sanctions.

Many people signed up for delivery apps for the first time during the pandemic. As COVID-19 case numbers dip, those platforms are still going strong. To stay relevant, apps like DoorDash and UberEats are aiming to emerge as one-stop delivery platforms for restaurant orders, groceries, alcohol, you name it. The strategy seems to be working, at least for now.

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It’s Whaddya Wanna Know Wednesday, and Kai’s flying solo today, focusing on your inflation questions. Like which grocery store items are used to calculate inflation numbers? Could lifting the tariffs on China lower prices at the cash register? Is what we’re seeing really inflation or plain old corporate greed?

Have a question you want answered next week? Email or send a voice memo to [email protected]. Or leave us a voice message. We’re at 508-827-6278 (508-U-B-SMART)!

Sign up for the Make Me Smart newsletter (or any other Marketplace newsletter) by Feb. 28 and be entered to win a signed Vintage Kai T-shirt.

Here’s everything we talked about on the show today: