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May 25, 2022
The US Treasury Department will cut off Russias ability to pay its foreign debts at midnight tonight, making a sovereign debt default all but inevitable in the latest economic blow to Putin.
May 25, 2022
The U.S. Treasury Department does not plan to renew a license that allows Russia to pay its debtholders through American banks, almost guaranteeing the first Russian foreign debt...
May 25, 2022
© Reuters. FILE PHOTO: Russian and US flags are pictured before talks between Russian Deputy Foreign Minister Sergei Ryabkov and US Deputy Secretary o
May 25, 2022
Russia may default on international debt for the first time since the Bolshevik Revolution after the U.S. chose not to extend its license to Russia to pay bondholders.
May 25, 2022
A default appears inevitable on at least some its US$40 billion (S$55 billion) of international bonds. . Read more at straitstimes.com.
May 25, 2022
Following Washington’s decision to end a key sanctions exemption, Russia’s chances of defaulting on its debts have increased.
May 24, 2022
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
May 24, 2022
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
May 24, 2022
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
May 24, 2022
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.