A committee ruled that Russia is already in a “possible default” on its sovereign debt
It is a group of experts who are members of major banks and investment houses. Its decision is due to the fact that Moscow paid its maturities in rubles instead of dollars

The Kremlin admitted that “it is quite complicated” to transfer trade with other countries to payment in rubles
Vladimir Putin's government spokesman Dimitri Peskov said the president ordered “to work methodically and step by step to expand the range of use of national currencies”

Nice trade-in for Russian Olympic medal winners: No cars but plenty of cash
Russian Olympic Committee athletes who won a medal in Beijing 2022 won’t receive cars like in years past

The European Union assured that it will not yield to Vladimir Putin's demand to pay for energy supplies in rubles
The president of the Community Executive, Ursula von der Leyen, said that the bloc will respect contracts with Russia and will continue to pay coal, gas and oil in euros or dollars

Germany and France rejected Russia's demands that European countries pay their gas in rubles
Both nations regarded Vladimir Putin's decision as a breach of contracts and a “blackmail”

Ombudsman's Office requests urgent measures in the face of humanitarian crisis in temporary detention centers
The Office of the Ombudsman found that in cities such as Bucaramanga there is an overcrowding of 835.6%, which leads to violations of the human rights of persons deprived of liberty

Putin decreed that starting this Friday Russia will not sell any more gas to “unfriendly countries” if they do not pay him in rubles
The head of the Kremlin said that interested nations will also have to open accounts in Russian currency in national banks

RIA-Novosti Roundup -- No Snow Deficit for Sochi, Brazil-Style Protests for 2018 World
(ATR) Russia's Olympic chief says there will be "no problems with snow" for Sochi... Sports ministry announces ambitious medal target for Sochi... Mutko says Brazil-style protests unlikely for 2018 World Cup... More inside from Around the Rings' official Sochi 2014 media partner RIA-Novosti...

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