The globe’s three major credit rating agencies – S&P, Fitch, and Moody’s – withdrew ratings on Russia and Russian entities on Friday in order to comply with Ukraine-related European Union sanctions imposed on the country.

Britain has lifted transport bans that threatened to detain the businessmen’s yachts and planes The UK has amended sanctions against Russian billionaire Oleg Tinkov and Roman Abramovich’s partner, Millhouse CEO Eugene Shvidler, lifting transport restrictions that threatened to detain the yachts and planes of the businessmen, an updated sanctions list shows.

Riyadh and its allies have conducted airstrikes in response to an attack by Houthi rebels on a Saudi oil depot on Friday Saudi Arabia and its allies in the so-called Arab coalition that is fighting Houthi rebels in Yemen have launched a new military operation in the war-torn country. The decision came on the back…