The rating agency lowered Russia's rating from CCC- to CC as Russia struggles to pay its debts on its Eurobonds. Sanctions have reduced the country's available foreign exchange reserves and restricted its access to the global financial system.
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More than Tomahawks: What Ukraine’s soldiers say they actually need
Ukraine destroys Russian Buk air defense system worth $45 million, military says
Ukraine war latest: HUR 'liquidates' son of Russian general, releases footage of bombing
Ukraine damages dam near Belgorod, cuts off Russian troops near Vovchansk, military reports
Massive Ukrainian drone attack targets multiple Russian oblasts, smoke reported near Moscow
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Tuesday, October 28
Russian forces have used drones to hunt and displace civilians from their homes near the front line in Ukraine, Reuters reported on Oct. 27, citing a new UN inquiry presented to the General Assembly.
Monday, October 27
Lukoil, one of Russia's largest oil producers, announced Oct. 27 that it plans to sell its foreign assets after new U.S. sanctions targeted the company and its subsidiaries.
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The pair allegedly gathered intelligence on Polish military personnel and infrastructure, including transport hubs used to supply Ukraine with foreign military aid.
Seventeen children and teenagers were rescued from temporarily occupied territories as part of the president’s Bring Kids Back UA initiative, Andriy Yermak said in a Telegram post on Oct. 7.
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Russian missile attacks on Kyiv over the weekend destroyed the warehouse of one of Ukraine's largest pharmaceutical distributors and a production facility of a popular coffee chain, reportedly causing at least $100 million in damage and losses.
Lego toys, manufactured at a Czech factory of the Danish Lego Group, continue to flow to Russia through a Dutch trading company, according to an investigation by the Czech publication Page Not Found.
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Orban is expected to meet Trump in Washington in the second half of the next week to discuss the sanctions, Peter Szijjarto, Hungary's foreign minister, told journalists on Oct. 27.
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"It's a unique product that no one else in the world possesses," Russian President Vladimir Putin claimed.
The 2000 agreement obligated both countries to dispose of 34 tons of weapons-grade plutonium no longer required for defense purposes.
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By infiltrating Ukrainian positions in small infantry groups, Russia has accumulated around 200 troops within Pokrovsk, the General Staff reported. These personnel are engaging in "intense" small arms and drone clashes with Ukrainian troops in the city.
The man identified as Serhii K. was arrested in August near the Italian town of Rimini under an European arrest warrant, Reuters reported. The lawyer said the defense would appeal the ruling.
A Ukrainian strike on a dam near Belgorod, Russia, has caused water to begin flowing uncontrollably, reportedly cutting off Russian units that had crossed the Siverskyi Donets River near the Ukrainian town of Vovchansk in Kharkiv Oblast, Ukraine’s 16th Army Corps said on Oct. 26.
"The Russian economy is a wartime economy. Growth is virtually zero," U.S. Treasury Secretary Scott Bessent told CBS News.
