The European Union warned its member countries that President Vladimir Putin’s demand for “unfriendly” countries to pay in rubles for Russian gas would be a violation of the sanctions imposed

The European Union warned its member countries that President Vladimir Putin’s demand for “unfriendly” countries to pay in rubles for Russian gas would be a violation of the sanctions imposed
S&P reduced Russia’s foreign currency rating to “selective default” Saturday due to the increased risk that Moscow may not be able or willing to honor its obligations to foreign debtholders.
OMV, the Austrian energy company OMV and Gazprom, Russia’s Gazprom had their initial contact regarding paying for natural gas in rubles.
After talks with Energy ministers on Monday, Robert Habeck from Germany said that energy ministers of the Group of Seven industrialized countries reject President Vladimir Putin’s demand that “unfriendly” countries
On Monday, a Moscow court fined Alphabet Inc.’s Google (GOOGL.O) 3 million rubles ($400,386) for not deleting content it deemed illegal. This was part of a larger dispute between Russia