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...
25 May, 2022, 12.27 PM IST
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...
18 May, 2022, 12.20 AM IST
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 ...
02 May, 2022, 10.14 AM IST
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...
30 Apr, 2022, 06.53 AM IST
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 ...
15 Apr, 2022, 02.03 PM IST
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...
10 Apr, 2022, 12.42 PM IST
US blocks Russia's access to dollars, heightening default riskA Treasury Department spokesperson said that the action was taken Monday. It was the same day more than $500 million in Russian sovereign d...
05 Apr, 2022, 11.08 PM IST
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...
16 Mar, 2022, 05.13 PM IST
Russia may face "deep recession": IMF chief Kristalina GeorgievaIMF's Managing Director Georgieva also said that a Russian sovereign default is no longer an "improbable event" because the economic sancti...
14 Mar, 2022, 08.13 PM IST
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...
09 Mar, 2022, 11.30 PM IST
Could the Ukraine invasion spark a global financial crisis?The sanctions include: removing some Russian banks from the Swift messaging system for international payments; freezing the assets of Russi...
06 Mar, 2022, 10.22 AM IST
Russian tech giant Yandex says might defaultIn a press release published Thursday, Yandex, which is legally headquartered in the Netherlands but has its main offices in Russia, said t...
04 Mar, 2022, 11.36 AM IST
Russia 'extremely likely' to default on debts if Ukraine crisis worsens: IIFThe IIF's Ribakova said the sanctions, which could yet be toughened even further, were "the most severe economic sanctions imposed on a cou...
28 Feb, 2022, 10.32 PM IST
Russian stocks retreat 33% in biggest rout, $200 billion wiped outRussian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest ro...
25 Feb, 2022, 06.03 AM IST
Vladimir Putin asks IMF to help Ukraine pay off $3 billion debt to RussiaPutin called Tuesday on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay...
13 Oct, 2015, 10.13 PM IST
- Financial crises that shook the world
Dubai World's decision to ask its creditors for more time to repay some of its debt raised the spectre of a sovereign default by the Emirat...
28 Nov, 2009, 01.53 AM IST
- Rouble, stocks take cheer as Russia holds fire in Georgia
The rouble surged the most in seven years, Russia’s Micex Index climbed, and the cost of protecting the country’s bonds fell the most in si...
13 Aug, 2008, 12.00 AM IST