Yuan-ruble trading has outpaced the dollar-ruble pairing for the first time, according to Moscow Exchange data on Thursday. The amount of trade in the yuan-ruble pair reached 45.37 billion rubles ($756 million) as of 11:26 GMT compared to dollar-ruble trading that amounted to 43.7 billion rubles ($729 million).

Kiev’s desperate attempt to achieve at least some form of PR victory has given way to complete failure – so what happens next? Six months after the start of Ukraine’s counteroffensive near Artemovsk [which Kiev calls Bakhmut], the operation completely collapsed and Russian troops were able to seize the initiative. Launching a series of attacks, Moscow’s forces recovered…

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