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Russia slides towards default as payment deadline expires | Hellenic Shipping News Worldwide

Russia edged closer to default amid little sign that investors holding its international bonds had received payment, heralding what would be the nation’s first default in decades. Russia has struggled to keep up payments on $40 billion of outstanding bonds since its invasion of Ukraine on Feb. 24, which provoked sweeping sanctions that have effectively .

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Russia defaults on foreign debt for first time in a century as payment deadline expires

Russia defaulted on its foreign currency sovereign debt for the first time in a century following the expiry of a key payment deadline.

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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.

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Russia defaults on foreign sovereign bonds for first time since Bolshevik revolution

US official says the default shows how dramatically sanctions are impacting Russia’s economy

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Russia pitches into first major external bond default in century

Russia pitches into first major external bond default in century
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