Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through, ratcheting up fears of Moscow's ...
Russia’s options to avoid default are running out after the US Treasury told US banks that funds in accounts held by Russian entities that are subject to sanctions should not be used to make debt ...
The prospect of a Russian debt default has once again been brought to the fore with the U.S. Treasury blocking dollar-denominated debt payments from Moscow via U.S. banks. The move on Monday evening ...
Russia successfully made at least some of the payments on its sovereign bonds in dollars, according to reports from Reuters, appearing to avoid a historic debt default. Stream NBC 5 for free, 24/7, ...
Russia defaulted on its foreign debt for the first time in more than 100 years, according to bond holders, following hurdles created by Western sanctions. WSJ’s Chelsey Dulaney looks at how this ...
People say you never forget your first major experience. The first financial crisis I encountered in my professional life was ...
The Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, an agency official says. That restricts one of the ...
Economist Stephen Roach warned effects from any default on Russia's sovereign debt as a result of the Ukraine crisis would spill over to emerging markets, including China. "If Russia does default on ...
Credit derivatives linked to Russian sovereign debt are trading well out of line with the country’s bonds, a dislocation that reflects concerns that the contracts could fail to work properly if Moscow ...