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.

The prime minister proposed a new ‘coalition’ of energy exporters and said the world must ‘wean’ itself off Russian oil UK Prime Minister Boris Johnson is set to travel to Saudi Arabia and the United Arab Emirates to discuss how to boost Middle Eastern oil and gas exports and reduce purchases from Russia, denouncing Moscow’s…

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.