Moscow and Beijing have switched to settlements in national currencies, according to the Russian PM Western currencies have almost been completely phased out in Russia-China trade, as nearly all payments between the countries are now carried out in rubles and yuan, according to Russian Prime Minister Mikhail Mishustin.

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Businessmen Vladimir Potanin and Vagit Alekperov have offered bids for a controlling stake in Russia’s leading internet company, Yandex, Bloomberg reported on Friday citing sources. The bids reportedly value Yandex’s assets at nearly $7 billion and will be discussed as soon as next week, when the company’s board meets in Dubai. A final decision may…