Russia has defaulted on its foreign debt for the first time in more than a century, reports say

Business Insider
Jun 27, 2022, 3:03 am194 pts
Russian Finance Minister Anton Siluanov and President Vladimir Putin have slammed sweeping sanctions against the country. Olga Maltseva/AP Russia missed a Sunday deadline to pay $100 million in interest on two foreign-currency bonds. Russia has the money to pay, but sanctions are blocking payments from moving…

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