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Zelenskyy tells G7 summit Ukraine forces face urgent moment

Leading economic powers conferred by video link with Ukrainian President Volodymyr Zelenskyy on Monday as they underscored their commitment to Ukraine for 'as long as it takes' with plans to pursue a price cap on Russian oil, raise tariffs on Russian goods and impose other new sanctions.

What's the impact of a Russian debt default?

Russia is poised to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system following sanctions imposed over its war in Ukraine.