Bankruptcy
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Moody’s expects an imminent Russian sovereign debt default
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Russia Defaults on Foreign Debt for First Time Since 1918
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Russia Defaults on Foreign Debt for First Time Since 1918
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West pushes Russia into its first foreign debt default since 1918
West pushes Russia into its first foreign debt default since 1918
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wlky.com
New sanctions by the U.S. Treasury have blocked Russia's access to their reserves held in American banks, significantly increasing the chances of a historic Russian debt default. In this episode of BizBeat, CGTN's Zheng Junfeng argues how Western sanctions create chaos in the global financial market, while poor countries get poorer and into deeper debt problems. | CGTN
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