Country’s dollar bond coupon is due on Wednesday as foreign assets remain frozen Russia’s payment on two bond coupons due on Wednesday in national currency instead of US dollars would constitute a sovereign default for the country, US credit rating agency Fitch said on Tuesday.
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India is planning to become the world’s leading wheat exporter amid the ongoing conflict between top suppliers Russia and Ukraine, Mint newspaper reported on Wednesday, citing sources in the Indian government.
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The country’s defense chief vows to use ‘credible military force’ to deter Beijing, if needed Australian Defence Minister Peter Dutton warned China could use Russia’s conflict with Ukraine as a “distraction” to launch its “own acts of aggression” as thousands of US troops deploy to Australia.
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