Russia may have defaulted on foreign bonds for the first time since the years following the 1917 Bolshevik revolution.
Russian President Vladimir PutinRUSSIA INVADES UKRAINE: LIVE UPDATES
Russia "therefore may be considered a default under Moody's definition if not cured by 4 May, which is the end of the grace period," Moody's said in a statement on Thursday. A picture taken shows the Vodovzvodnaya Tower of the Kremlin and the Ministry of Foreign Affairs of Russia's building.
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