Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy Russian gas, as Moscow switches payments to its national currency, Ilya Ilyin, the head of the banking and financial markets analysis department at Promsvyazbank said on Thursday.

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Russian and Chinese military vessels are taking part in a joint patrol in the Pacific Ocean for the second time within a year, the Defense Ministry in Moscow said on Thursday. Eight ships in total are taking part in the operation, which is intended to support peace and stability in the Asia-Pacific, monitor the sea…