Russia’s foreign debt fell by nearly 20% in 2023

The country’s liabilities have been steadily decreasing, according to the central bank Russia’s government and businesses have been steadily reducing the amount of money they owe to foreign lenders, the latest official data suggests.

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Ukraine claims to have increased drone production tenfold

Digital Transformation Minister Mikhail Fedorov has boasted that some domestically produced UAVs can reach targets over 1,000km away Ukraine has significantly boosted domestic drone production amid President Vladimir Zelensky’s call to build one million units this year, according to the country’s Digital Transformation Minister, Mikhail Fedorov.

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Russians cooling on Dubai – Bloomberg

Russians are scaling back their property investments in Dubai due to a rise in local prices and a tighter US sanctions compliance policy in the emirate, Bloomberg reported on Thursday.    Dubai’s property boom in the years following the Covid-19 pandemic has been one of the fastest in the world, fueled by investor-friendly reforms and…

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