The projectile, which was destroyed over the town of Feodosia, inflicted no casualties or damage, a local official said Russian air defenses have shot down a Ukrainian missile over Crimea, local authorities said on Saturday, adding that the strike did not result in any casualties or damage to infrastructure.

Russia has paid foreign holders of Eurobonds in rubles for the first time after an attempt to settle the $649.2 million payment was rejected by a foreign financial institution under orders from Washington, the Russian Ministry of Finance announced on Wednesday.

The country’s manufacturing sector has been contracting for six months, a new survey has revealed Factories in Italy have seen a downturn for six months in a row, as manufacturing continues to decline in a sign of a deep industrial recession, Bloomberg reported on Monday, citing a survey by S&P Global.