We are live at the Munich Security Conference where the death of Alexei Navalny on Friday and dwindling Ukrainian military supplies against Russia have dominated discussions over the weekend. We hear from NATO Secretary General Jens Stoltenberg who says he does not believe a potential Trump administration would abandon the alliance. Russian forces re-take the eastern Ukrainian city of Avdiivka – its first major victory in 9 months. Ukrainian President Volodomyr Zelenskyy says his country is awaiting more military aid from the West. Chinese indices are relatively flat following the week-long Lunar New Year festivities but data shows holiday spending topping pre-pandemic era levels. And in tech news, Apple is to be hit with a €500m anti-trust fine from the EU as part of an investigation whether it restricted apps from providing users with information about cheaper music-streaming subscriptions.

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