Russo-Ukrainian War Spillover: Sri Lanka Defaults on External Debts

Sri Lanka has announced that their country would default on its external public debt as its foreign reserves are depleted. It is the first time in history Sri Lanka would default on its debts due to a combination of bad policy decisions and spillovers of the Russian invasion of Ukraine.

Deep Six: Kremlin Confirms Captain of the Moskva Killed, 450 Crewmembers May Be Dead

Russia has announced that the captain of the cruiser Moskva was killed. There is a conspicuous absence of any reassuring information from the Kremlin to the Russian public that the crew was saved. It is likely that as many as 450 Russian sailors were lost with the ship along with as yet unknown members of the staff of the Black Sea Fleet that may have been aboard as well.