Russia Fails to Meet Bond Obligations, Triggering Swaps Payout
Russia was judged to have breached the terms on a bond after missing a $1.9 million interest payment.
Source: bqprime.com
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EU backs partial Russian oil ban, crude advances
Oil headed for the longest run of monthly gains in more than a decade on the EU’s move that was reached during a leaders’ summit in Brussels.
Source: moneyweb.co.za