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A global credit committee has been asked to rule on Russia's bond default, as next stage of debt crisis begins

The next stage of the wrangling over Russia's debts is beginning, as investors seek to get paid on …

Harry Robertson   


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The US may still force Russia into a bond default in the coming weeks, debt strategist says

"The Americans still have the leverage," BlueBay strategist Timothy Ash said. "They can force Russi…

Harry Robertson   


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Goldman Sachs says Russia's debt problems are 'technical' and don't reflect its underlying strength

Russia is widely expected to tumble into default in early May, but Goldman said the country's issue…

Harry Robertson   


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Holders of Russian dollar bonds say they cannot accept rubles as Moscow speeds towards default

Russia has tried to pay its dollar debts in rubles, but bondholders told Insider that's not a viabl…

Harry Robertson   


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Russia's debt default will be one of the hardest in history to resolve and could see the US seize the central bank's assets, economist says

The US seized Afghanistan's central bank reserves and could do it again with Russia, according to t…

Harry Robertson   


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Investors think there's a 94% chance Russia that default on its debts, after US blocks dollar payments

The risk of a default has skyrocketed, judging by the price of credit-default swaps on Russian bond…

Harry Robertson   


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3 mins read

Russia is back on the brink of a debt default after the US blocked its dollar payments. Here's what happens next.

The US Treasury blocked Russia from using American bank accounts, complicating Moscow's ability to …

Harry Robertson   


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1 min read

Russia is struggling to make $100 million in debt payments because of US sanctions, and Moscow may see its first default in a century

"We've done everything we can to lead the horse to water. But it's not up to us whether it wants to…

Phil Rosen   


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Russian Railways becomes first company to officially default in the country, as Western sanctions jam the financial system

Russian Railways argued it had fulfilled its obligations on the bond worth $268 million, as wrangli…

Harry Robertson   


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3 mins read

Russia has defaulted on its foreign debt for the first time in more than a century, reports say

Russia has the money to pay its foreign debts, but sanctions are blocking payments from moving thro…

Huileng Tan   


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2 mins read

The White House says 'pariah' Russia is poised to default on its bonds, as a hefty $100 million payment falls due and its options run out

Russia has roughly $100 million in bond payments due Friday, but the fate of that money is highly u…

Harry Robertson   


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1 min read

Russian central bank chief denies Moscow is at risk of default and touts digital ruble for international payments

"Russia has all necessary financial resources. There is no threat of default," Bank of Russia Gover…

Brian Evans   


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Russia avoids default at the last moment as a clearinghouse processes its dollar bond payments

The Russian government's payments started working their way to investors with just one day left unt…

Harry Robertson   


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3 mins read

The West is doing its best to cripple Russia's economy with sanctions, but the Kremlin is still making good on its debt

Russia averted a default again on Thursday when it made $447 million in payments for dollar-denomin…

Huileng Tan   


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Russia says the dollars for bond payments are with Citigroup — but investors are left waiting

Russia assured investors it had paid up, in dollars, averting a potentially historic default.

Harry Robertson   


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Russia will not sell sovereign bonds this year because interest rates would be 'cosmic', finance minister Siluanov says

Finance Minister Anton Siluanov argued Russia has not defaulted on its debts, but said it would non…

Harry Robertson   


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1 min read

Russia may be cut off from the world's lender of last resort as bonds head toward default

G7 nations want to cut off Russia's access to emergency funding from organizations like the Interna…

Phil Rosen   


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For the the first time in a century, Russia defaults on international loans

Russia has the money to make a $100 million payment and is willing to pay, but sanctions have ma…

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Russia lurches towards default as the US Treasury ends a key bond payment exemption

Russia said in response that it would pay its debts in rubles and accused the US of trying to force…

Harry Robertson   


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3 mins read

Russia is poised for a bond default that could unleash years of courtroom chaos. A debt expert breaks down what happens next.

MG: This will be more complicated. Because usually, just the bondholders would form a committee, an…

Harry Robertson