Mayor Sergey Sobyanin has banned gatherings in the Russian capital after a high-profile gun attack in the nearby region Moscow Mayor Sergey Sobyanin has canceled all large-scale events in the Russian capital after a shooting at Crocus City Hall, one of the biggest music venues just outside of the city.

Several gunmen have stormed into the Crocus City Hall outside Moscow on Friday night The deadly attack on a large mall outside Moscow on Friday night was an act of terrorism, Russia’s Investigative Committee has said.

The move has “stunned” economists who expected the central bank to keep rates unchanged The Turkish central bank raised its benchmark interest rate by 500 basis points to 50% on Thursday, citing the need to tame skyrocketing inflation.