Sunday, June 26, 2022

Russia defaults on Foreign debt for first time since 1918

 

Russia Defaults on Foreign Debt for First Time Since 1918

(Bloomberg) -- Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors. Most Read from BloombergHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesRep. Mary Miller Calls Roe Decision ‘Victory for White Life’Russia Is Hours Away From Its First Foreign Default in a CenturyRussia Defaults on Foreign Debt for First Time Since 1918Germany Pushes for G-7 R

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