Russia has so far managed to pay its foreign debt obligations, despite a raft of financial sanctions from the U.S. and its European allies over Moscow's invasion of Ukraine.
France Ambassador for International Investment Pascal Cagni discusses energy independence in his country.administration is planning to block Russian bond payments to American investors, a move that could push Moscow closer than ever to a historic debt default.
A Russian national flag above the headquarters of Bank Rossii, Russia's central bank, in Moscow, Russia, on Monday, Feb. 28, 2022.Russia has bond payments due on May 27 and June 24 that are collectively worth about $500 million. The terms of its bonds allow a portion of that to be paid in currencies other than the dollar, Bloomberg reported.
"We will sue, because we undertook all necessary action so that investors would receive their payments," Siluanov told the pro-Kremlin Izvestia newspaper in April. "We will show the court proof of our payments, to confirm our efforts to pay in rubles, just as we did in foreign currency. It won’t be a simple process.
Treasury Secretary Janet Yellen said last week that officials are still studying the economic consequences of allowing Russia to default on its debt.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Kremlin Spokesman Says Russia Now Considers US, European Allies “Hostile States”Kremlin spokesman Dmitry Peskov said Tuesday that Moscow now considers the United States and its European allies “hostile states” as Western governments continue to pour heavy weaponry into Ukraine.
Leer más »
Kremlin Says Russia Now Considers US, European Allies 'Hostile States'\u0022What they are doing is war,\u0022 declared Dmitry Peskov, a spokesperson for Russian President Vladimir Putin.
Leer más »
European Union and US to coordinate efforts to control 'negative impacts' of Russia's warBoth sides praised “unprecedented cooperation on export controls” which notably aims at preventing Moscow from further developing its industrial and military capabilities.
Leer más »
U.S. State Department pushes Russia to see detained basketball star Brittney GrinerThe NBA also weighed in on the matter Tuesday, with Commissioner Adam Silver saying that he is working “side by side” with the WNBA's commissioner to try and bring Griner home.
Leer más »
Russia accuses U.S. of blocking peace deal so war kills more RussiansRussian Foreign Minister claimed that the U.S and the U.K. have been exerting influence over Ukrainian negotiators to prolong the war in Ukraine with the intent of killing off more Russian soldiers.
Leer más »
Russia-Ukraine live updates: US reopens embassy in KyivThe U.S. flag is raised at the embassy in Kyiv, as it was reopened following three months of closure in the wake of Russia's invasion of Ukraine.
Leer más »