Washington Ends Bond Payment Exemption for Russia, Leading to Fears of Default
Following Washington’s decision to end a key sanctions exemption, Russia’s chances of defaulting on its debts have increased.
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Following Washington’s decision to end a key sanctions exemption, Russia’s chances of defaulting on its debts have increased.
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.