Russia Plans Bond Payment System Like 'Rubles-For-Gas' Scheme To Get Around Sanctions
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Russia Plans Bond Payment System Like Rubles-for-Gas Scheme to Get Around Sanctions
Russia's finance chief said Moscow is planning a new system for making foreign bond payments similar to the rubles-for-gas scheme in an effort to prevent a historic sovereign default after Washington ended a key sanctions exemption that raised Russia's chances of defaulting on its debt.
Source: theepochtimes.com
Germany plans to keep coal-fired plants ready in case Russian gas is cut.
The power plants, due to be shut down, would be kept in reserve to provide electricity if Russia ends shipments of natural gas.
Source: nytimes.com
U.S. Will Start Blocking Russia's Bond Payments to American Investors
The Biden administration’s escalation of sanctions could lead to Russia’s first default on foreign debt in a century.
Source: nytimes.com
A Russian default is looming. A bitter fight is likely to follow
A Russian default is looming. A bitter fight is likely to follow
Source: bdnews24.com