Russia has defaulted on its foreign debt for the first time since 1918 after months of finding ways around Western sanctions that blocked Moscow’s payment routes over its invasion of Ukraine, Bloomberg reported Monday.

It will likely take time to confirm that Russia has defaulted on its foreign-currency sovereign debt after the grace period on

Political science graduate Yevgeny Zhukov used to own a small coffee shop in Moscow, but when the war in Ukraine began he decided to pack up and leave.

Joining the tens of thousands of Russians that have fled their country, Zhukov traveled to neighboring Georgia where he helped set up an NGO to aid Ukrainian refugees.

"I couldn't face such injustice

Four G7 powers will ban Russian gold exports in a new bid to stop oligarchs from buying the precious metal to avoid the impact of sanctions against Moscow, Britain said Sunday.

The joint action taken by Britain, Canada, Japan and the United States, "will directly hit Russian oligarchs and strike at the heart of (President Vladimir) Putin's war