Bloomberg: Russia defaults on external debt

According to Bloomberg, Russia has defaulted on foreign currency sovereign debt for the first time since 1918. Due to the sanctions imposed against Russia, which made payments in foreign currency impossible, there was a default on its external debt to foreign creditors, the newspaper writes. For several months, the Russian Federation has been finding ways […]

Putin is waiting for a report from Gazprom on the implementation of changes in the currency of payments

Russian President Vladimir Putin is waiting for reports from the Central Bank and Gazprom on changing the currency of payments for gas from unfriendly countries. He instructed the Cabinet of Ministers, the Central Bank of the Russian Federation and the Gazprom company, as reported today on the Kremlin website, to make the transition to rubles, […]

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