The ratings agency has warned that more defaults "are likely" as Moscow faces unprecedented Western sanctions that have increasingly isolated the country from the global financial system following its offensive in Ukraine.
Russia steps up attacks on Ukraine as world leaders gather in Europe to discuss further sanctions against Moscow while the conflict moves into its 124th day.
Athens has long harboured ambitions to make Cyprus part of the Greek territory like Crete and other islands in the Aegean Sea, causing obstacles to resolving old territorial issues with Ankara, according to experts.
NATO is working together for an agreement between Sweden, Finland and Türkiye, says Stoltenberg.
NATO to dramatically increase forces on high alert to over 300,000 from just 40,000 amid Russia threat.
The group has urged Moscow to allow grain shipments to leave Ukraine and let Ukrainians taken to Russia against their will to return home.
Türkiye’s Communications Director Fahrettin Altun gives an interview to Il Messaggero, one of Italy's leading newspapers, ahead of third Intergovernmental Summit between Türkiye and Italy.
The talks come amid ongoing efforts to isolate Russia economically in response to the Ukraine conflict.
Moscow says it is unable to send money to bondholders due to sanctions, blaming the Western countries for trying to push it into an “artificial” default.
Ukrainian forces are still fighting in Sievierodonetsk leading Russia-backed separatists to stop civilian evacuations from the region as Russian missiles continue to pound Ukraine on the 123rd day.
The plan, formally announced by US President Biden at the G7 summit, will target countries desperately needing everything from roads to harbours - and until now often relying on the Chinese.
US President Joe Biden and his counterparts from the world's most industrialised nations have gathered at Elmau Castle in the Bavarian Alps, Germany, before they continue on to Madrid for talks with NATO partners.
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