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in a move that could push the country closer to default. the treasury department said it would end a waiver that had allowed us bondholders to accept payments. russia has almost $2 billion worth of payments on its international bonds that will be due up to the end of the year. joining me now is patrick reid, co founder of the adamis principle. i guess the place to start with this is how close it will bring russia to default in common what would happen if it does? thank you for having me on. it isjust another nail thank you for having me on. it is just another nail in the russian economy, and we cannot underestimate the consequences and dangers of a default. it is not quite like 1998, but it is not quite like 1998, but it is not very good for russia long term. now, a ten year yield on a russian bond will get you about 10% right now. that is not enough. russia s central bank raised interest rates to 20%. they are now currently 1a. that is not going to be enough either. es ....
if we look at the bottom of the page, there is an e mail dated the 8th of march, which is a sunday, again from someone in your office to claire brunton, a request to attend the cobra that was going to happen the cobra that was going to happen the next monday. a very similar request, can the mayor come to the cobra, given the recent impact? this time, we can see that the same response is received, if we can go up response is received, if we can go up to the top of that page, there is a response on the monday morning at 950 am. no they may isn t required for the pm has asked for a separate meeting with cabinet ministers. let s just look at a separate set of internal e mails, to show how that decision was reached. if we look at the next item, we see the same e mailfrom your member the next item, we see the same e mail from your member of staff. and then if we look up the page, claire brunton says that she assumes the answer is no again. and then we see the e mailfrom the a ....
People watching this but also a big impact on the movement of goods, fuel, food. how damaging is going to be to the economy? it is certainly not going to have a good impact and i think the knock on effects could be quite profound. there were already problems with supply chains not only in the uk but across the world because of the war in ukraine and because of the lasting effects of the pandemic, and this reallyjust couldn t come at a worse time and i would guess also it s probably not going to have a lot of sympathy either from businesses or from the general public simply because everyone is pretty much in the same boat at the moment. but is pretty much in the same boat at the moment. at the moment. but the businesses at the moment. but the businesses at at the moment. but the businesses at the - at the moment. but the businesses at the heart | at the moment. but the l businesses at the heart of at the moment. but the - businesses at the heart of this have their own problems, don ....
Conviction why. yes we have two reasons one it s a question of evidence and one is a question of categories in criminal law first the question of evidence is that we have to prove that the offenders act intentionally and the intention can only be made at the moment when the offender recognises the situation otherwise. we will miss the so-called principle of coincidence so you have to act at a tent at the same time and that has to be proven in what is of course difficult because a lot of well defended offenders would activate their right to silence and don t make any statements and follows it reasoning in my view but in caught. substituted. concrete evidence by general probability statements ....