The defense secretary has announced plans to step down after his bid to lead NATO was reportedly rejected by the US UK Defence Secretary Ben Wallace is leaving government at the next cabinet reshuffle in the fall and will not stand for reelection in Parliament, he told the UK Times on Saturday. After his failed…

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The globe’s three major credit rating agencies – S&P, Fitch, and Moody’s – withdrew ratings on Russia and Russian entities on Friday in order to comply with Ukraine-related European Union sanctions imposed on the country.