Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid – Economics Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Reports say Russia has defaulted on its foreign currency debt. However, the Kremlin disagrees and says the debt was paid in full. Economics Sanctions

that Russia has defaulted on its foreign currency debt for the first time in more than 100 years. Financial sanctions against the transcontinental country have made it difficult for Russia to access the international payment systems. On Sunday, a $100 million interest payment was allegedly missed after the U.S. Treasury blocked a method that allowed the Kremlin to pay its debts by converting rubles.

Now that the grace period is over, bondholders will have to agree on whether or not it is officially a default against the loans. Reuters claims Russia’s move to not pay is “an act of political theatre at bondholders’ expense” and default makes them “political stooges.” The Kremlin, however, claims otherwise and says that the default is a “farce” because Western sanctions blocked the country’s payments. Russia’s finance ministry said it had made the payments to bondholders denominated in euros.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Это очень плохая новость для биткоина

Denying doesn't change facts

I notice if thats a recent picture yall dont show his bullet hole scar on his leg where he was shot runnin across large cement patio in front of a bank he robbed in northern states in u s I'm his Dad I know it was him even with a mask on.

That man is a whole vibe.

That's so funny that they deny the obvious. I don't get why they act like that.

I'm with Russia

Putin is like: that is so 1996 🦗

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in COİN

Coin Coin Latest News, Coin Coin Headlines