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.

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…

It will take the country’s economy until 2024 to adapt to the new conditions, according to the regulator The Russian economy is entering a phase of large-scale restructuring, which will be accompanied by a temporary rise in inflation, the Bank of Russia said in a statement on Friday.