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West accused of engineering ‘artificial default’ in Russia

Moscow is ready to pay off its debts, but half of the nation’s forex reserves are frozen abroad Washington and its allies want to push Russia into an “artificial default” by making it impossible to pay off the country’s foreign debts despite having the money to do so, Finance Minister Anton Siluanov said on Monday.

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China locks down millions as Covid outbreak grows

Jilin Province and the cities of Shenzhen and Dongguan have been shut down to stop the spread Around 51 million people in China have been ordered to lock down as cases of Covid-19 continue to rise in the country. Some 24 million people in Jilin Province, 17.5 million people in the city of Shenzhen, and…

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Venezuela oil deal not being discussed, White House says

White House Press Secretary Jen Psaki said on Monday that the possibility of the United States importing oil from Venezuela is “not an active conversation at this time” after US officials met with the Venezuelan government to discuss the matter.

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