Ukraine war impact: Russia defaults on overseas debt for 1st time in over a century

Hasan

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Ukraine war impact: Russia defaults on overseas debt for 1st time in over a century According to a Bloomberg report, the $100 million interest payment was due on May 27. Russia has said that the money was sent to Euroclear, a bank which would then distribute the payment to investors. But that payment has been stuck there and creditors have not received it.
 
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