While 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 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...

"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...

Nudging Russia towards a debt crisis through the mechanism of financial sanctions is part of a wider stand-off that has built up between th...

Western sanctions imposed after the Kremlin's Feb. 24 invasion of Ukraine, and countermeasures from Moscow, have complicated the movement o...

Since the first rounds of sanctions, the Treasury Department has given banks a license to process any dollar-denominated bond payments from...

Bloomberg said the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow. Western sanct...

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 has not defaulted on its foreign debts since the Bolshevik Revolution in 1917, when the collapse of the Russian Empire led to the cr...

The coming fight, which would probably pit Russia against big investors from around the world, raises murky questions over who gets to deci...

If Moscow is declared in default, it would mark Russia's first major default on foreign bonds since the years following the 1917 Bolshevik ...

With Vladimir Putin’s government hampered by asset blocks and branded a pariah by Western countries -- politically, economically and financ...

Facing waves of sanctions over its invasion of Ukraine, Russia could face its first sovereign external default in over a century after it m...

Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars o...

Ratings agency Fitch last week downgraded Russia's sovereign debt rating farther into junk territory, warning that the decision reflects th...

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...

The specter of Russia defaulting on $40 billion of external bonds - its first major such default since the years following the 1917 Bolshev...