Russia swerves default as Putin forced into dollar U-turn – live updates - The Telegraph

Russian appears to have dodged its first foreign debt default in a century after the Kremlin tapped domestic dollar reserves in a humiliating U-turn for Vladimir Putin.

Good morning. BP has announced plans to make share buybacks of $2.5bn this quarter after surging oil prices helped its cash flows surge. The energy giant said booming prices had helped it offset a $… [+1634 chars]

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