Moscow to retaliate to diplomatic expulsions

Bulgaria, Latvia, Lithuania, and Estonia announced on Friday that they had decided to expel a number of Russian diplomats from their respective missions in the four EU countries. Russia said the move would not go unanswered.

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Russia avoids default – reports

A number of Russia’s Eurobond holders received coupon payments due this week, Reuters reported, citing two market sources, signaling that Russia has evaded a widely expected external bond default. According to the agency, the payment was made in US dollars. Sources said two creditors have already received their due, while a number of others are…

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India buys more Russian oil despite US threats

India’s state-run refiner, Hindustan Petroleum Corporation (HPCL), has bought two million barrels of Russian oil for loading in May, as the country’s refiners step up efforts to secure crude from Moscow at a discount, regional media reported on Thursday.

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