For The First Time Since 1918, Russia Defaults On Its Foreign Debt
June 27, 2022 19:01After relentless Western sanctions that ended payment routes to its overseas creditors, Russia defaulted on its foreign-currency sovereign debt for the first time in a century. It took months for the country to find ways around the sanctions imposed after the Kremlin invaded Ukraine. For the snared interests payments of around US $100 million that expired […]











