IBT Staff Reporter

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Russia Pushed Into Historic Default By Sanctions

Russia defaulted on its international bonds for the first time in more than a century, the White House said, as sweeping sanctions have effectively cut the country off from the global financial system, rendering its assets untouchable.

Sri Lanka Struggling To Secure Fresh Fuel Supplies - Minister

Sri Lanka is struggling to secure fresh fuel supplies, a top government minister said on Sunday, as the crisis-hit country of 22 million people is down to just 15,000 tons of petrol and diesel to keep essential services running in the coming days.

In Gaddafi's Hometown, Little Hope For Libya's Future

The people living in the ruins of Sirte's 600 Block district have waited years for help removing rubble and rebuilding homes damaged by warfare, but despite a new Libyan government making the city its headquarters, they have little hope of change.

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