You Searched For "russia default" and got 20 results
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4 mins read
The godfather of black-swan hedging explains why mounting US debt and the weaponization of the dollar are leading risks today
For Taleb, if you're going to panic, do it early.
Laila Maidan
2 mins read
Stock market today: Indexes rise as tech tries to bounce back after chip rout
Jobless claims came in higher than anticipated, bolstering hopes that the Federal Reserve can cut i…
Filip De Mott
1 min read
Sovereign defaults jump to record high amid rate hikes, Russia's war on Ukraine, and Covid, Fitch says
Default events are also taking 107 days on average to resolve, up from 35 days in 2000, Fitch added.
Filip De Mott
2 mins read
Russia is days away from a historic debt default as a $100 million payment comes due with Moscow cut off from the global financial system
By Sunday night — the last day of a 30-day grace period — Russia must pay roughly $100 million to b…
Phil Rosen
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
2 mins read
Investors just lost in court over last year's $12 billion nickel-trading fiasco sparked by Russia's invasion of Ukraine
A court ruled that the London Metal Exchange was within its rights to cancel trades during 2022's t…
Phil Rosen
2 mins read
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
1 min read
Russia faces a full block on dollar bond payments as a key US sanctions waiver is expected to expire — putting Moscow closer to a historic default: report
An exemption to US sanctions that allows Russian bond payments to go through expires on May 25, and…
Phil Rosen
1 min read
Russia's last-minute bond payment to avoid default still wasn't enough, triggering a failure-to-pay event, credit panel rules
Russia failed to include $1.9 million in interest for a bond payment made in May, Bloomberg reporte…
Phil Rosen
2 mins read
Russia will increase foreign currency sales 830% as deadline for Eurobond repayment nears
Russia's central bank announced that the move to offload foreign currencies could also help calm ru…
Filip De Mott
3 mins read
Opening Bell: Russia slips into default, Kremlin disagrees
Reports say Russia has defaulted on its foreign debt for the first time since 1918. This and more, …
Phil Rosen
2 mins read
Russia is building a new bond-payment system to get around US sanctions, as it tries to avoid a historic default
The new system will let Russia bypass the Western financial system entirely, Finance Minister Anton…
Harry Robertson
2 mins read
Western sanctions forced Russia to draw down its valuable dollar reserves to pay its debts, US Treasury says
The money Russia paid bondholders can no longer go towards funding the invasion of Ukraine, a US Tr…
Harry Robertson
1 min read
Russia denies it defaulted on bond payments as Western sanctions blocking them are 'not our problem'
A Kremlin spokesman said Monday that Western sanctions that prevented Russia's bond payment from re…
Brian Evans
2 mins read
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
1 min read
Russia looks to avoid historic default with dollar bond payment ahead of next week's deadline
Russia's Finance Ministry announced Friday it had sent bond payments in dollars to Citibank ahead o…
Phil Rosen
2 mins read
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
2 mins read
Russia offers rubles to holders of $2 billion dollar bond as it tries to limit the outflow of foreign currency
Buying back dollar-denominated bonds in rubles would also ensure that local investors are paid in f…
Harry Robertson
2 mins read
Russia is set to default on its dollar debts by paying bondholders in rubles, global banking body says
The Institute of International Finance said Russia is moving closer to a default, after the sanctio…
Harry Robertson
1 min read
Russia faces potential default scenario after using rubles to make payments on dollar bonds, industry group rules
Russia's attempt to pay dollar bonds using rubles was ruled a "potential failure to pay event" by t…