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RUSSIA DEFAULT
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Sri Lanka seeks investors for loss-making Mattala airport built with Chinese loansSri Lanka is seeking investors for Mattala Rajapaksa International Airport. The airport has been a financial drain since opening in 2013. A...
- Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...
- Russia defaults on supply of LNG to IndiaWhile the contract provides for making up of the volumes not supplied later, the Russian firm has so far nor indicated how and when it will...
- For first time since 1918, Russia defaults on foreign debtFor months, the country found paths around the penalties imposed after the Kremlin’s invasion of Ukraine. But at the end of the day on Sund...
- Russia says repaid dollar debt in rubles amid default fears"Funds for the payment of coupons on external bonds of the Russian Federation maturing in 2027 and 2047 in the total amount of 12.51 billio...
- Russia walks the plank to a foreign bond defaultNudging Russia towards a debt crisis through the mechanism of financial sanctions is part of a wider stand-off that has built up between th...
- Russia on brink of default as US payment licence expiresWestern sanctions imposed after the Kremlin's Feb. 24 invasion of Ukraine, and countermeasures from Moscow, have complicated the movement o...
- US to end Russia's ability to pay international investorsSince the first rounds of sanctions, the Treasury Department has given banks a license to process any dollar-denominated bond payments from...
- U.S. considering move to block Russian debt payments - TreasuryBloomberg said the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow. Western sanct...
- Russia swerves to avoid default: What is next?Russia's $40 billion in international bonds and the chance of a default have become the focus of global financial markets since it was hit ...
- Russia makes last-minute bond payment to avoid defaultRussia has not defaulted on its foreign debts since the Bolshevik Revolution in 1917, when the collapse of the Russian Empire led to the cr...
- As a Russian foreign debt default looms, brace for a bitter fightThe coming fight, which would probably pit Russia against big investors from around the world, raises murky questions over who gets to deci...
- Russia may be in default, Moody's saysIf Moscow is declared in default, it would mark Russia's first major default on foreign bonds since the years following the 1917 Bolshevik ...
- Russia’s first default in a century looks all but inevitable nowWith Vladimir Putin’s government hampered by asset blocks and branded a pariah by Western countries -- politically, economically and financ...
- S&P cuts Russia's foreign currency rating to 'selective default'Facing waves of sanctions over its invasion of Ukraine, Russia could face its first sovereign external default in over a century after it m...
- EXPLAINER: What would a Russian bond default mean?Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars o...
- Russia accuses West of seeking 'artificial default'Ratings agency Fitch last week downgraded Russia's sovereign debt rating farther into junk territory, warning that the decision reflects th...
- What is a debt default and what is the risk for Russia?A country is considered to have defaulted on its debt when it is unable to honour its financial commitments on time with its creditors. The...
- Russia, Belarus squarely in 'default territory' on billions in debt: World BankThe specter of Russia defaulting on $40 billion of external bonds - its first major such default since the years following the 1917 Bolshev...
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