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Russia’s foreign debt fell by nearly 20% in 2023

The country’s liabilities have been steadily decreasing, according to the central bank Russia’s government and businesses have been steadily reducing the amount of money they owe to foreign lenders, the latest official data suggests.

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Oil prices hit highest level since 2022

The price of the Brent oil benchmark peaked at $89 per barrel on Tuesday, nearing levels last seen in June 2022, according to Intercontinental Exchange (ICE) data. Industry experts have attributed the surge to an Israeli airstrike on the Iranian consulate in Damascus and Tehran’s threat of retaliation.

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Ukraine claims to have increased drone production tenfold

Digital Transformation Minister Mikhail Fedorov has boasted that some domestically produced UAVs can reach targets over 1,000km away Ukraine has significantly boosted domestic drone production amid President Vladimir Zelensky’s call to build one million units this year, according to the country’s Digital Transformation Minister, Mikhail Fedorov.

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