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The Treasury Department said it does not plan to renew the licence to allow Russia to keep paying its debtholders through American banks.
The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
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.