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BBCNEWS World Business Report July 7, 2024

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 ....

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BBCNEWS World Business Report June 4, 2024 04:51:00

Means for developers? yeah, so if ou means for developers? yeah, so if you compare means for developers? yeah, so if you compare and means for developers? yeah, so if you compare and contrast - if you compare and contrast other developer conference, apple developer conference feels like a garden, microsoft developer conference feels like a safari. what you are seeing is a platter of tools put into the hands of software developers, so think of it like a candy store for geeks. it is enabling people to build together. 50 enabling people to build together- enabling people to build torether. , , ., together. so ust tell us about this pc together. so ust tell us about this rc that together. so just tell us about this pc that they together. so just tell us about this pc that they want - together. so just tell us about this pc that they want to - this pc that they want to unveil, this will help developers, won t it? it is going to use technology normally found in phones that will al ....

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