Thursday, 29th September 2022
<To guardian.ng
Search

Will Russia default on its foreign debt for the first time in over 100 years?

The finance ministry has said its ability to make foreign payments has been hampered by sanctions. If Russia is unable to make the payments within a 30-day grace period, it will face its first default on international debt in more than a century.

Related

17 Jun
In an online video, a train is seen transporting tanks. Claims on social media have suggested that these images show Finland sending military equipment towards the Russian border. The video was seen by some as a sign of imminent conflict and an escalation of the war in Ukraine. FRANCE 24's Georgina Robertson and Sophie Samaille take a look at the video in more detail.
19 Jun
Would Beijing back away from its strategic partnership with Moscow if the war in Ukraine goes nuclear?
19 Jun
Secretary General Jens Stoltenberg says NATO members must do more to help Ukraine. Meanwhile, President Zelenskyy says the outcome of fighting in the Donbas will indicate the course of the war. DW has the latest.
18 Jun
In Russia, critics of the war in Ukraine are increasingly being reported to the police. DW spoke with Russians who have been betrayed by their own relatives, friends, colleagues and neighbors.
16 Jun
"What a special moment," European Commission chief Ursula von der Leyen said after signing the gas memorandum. Europe is looking for alternate sources of energy since Russia’s invasion of Ukraine.
23 Jun
A viral video on Facebook, claims that Russia transported seven trucks worth of Iskander nuclear missiles to its border with Finland, in response to Finland's NATO bid. We tell you more in this edition of Truth or Fake.
22 Jun
Russia and Lithuania have become embroiled in a row after the EU state barred transport of some Kaliningrad-bound goods through its territory. But where is Kaliningrad, why is it part of Russia and what makes it so key?
24 Jun
President Vladimir Putin has slammed the West as Russia is hit by sanctions. He called on emerging economies to cooperate with Russia as the Kremlin seeks to reroute trade.
26 Jun
Since Russia invaded Ukraine four months ago, the cost of living crisis has become a global issue. Prices have gone up around the world. In Europe, the countries that use the euro saw an average of 8.1 percent inflation in May. Pressure on prices, combined with stuttering economic growth, has sparked fears of a recession. These concerns could still come into play regarding the EU's response to the Russian invasion of Ukraine. In this programme, we're joined by two MEPs to discuss how the EU should balance sanctions against Russia with the risk of recession.
28 Jun
Russian President Vladimir Putin promised to transfer the Iskander-M missile systems in their conventional and nuclear versions to Belarus.
29 Jun
Moscow has failed to meet a deadline for over $40 billion in outstanding debts as Western sanctions squeeze the Russian economy. The Kremlin has downplayed the news, insisting it has enough to pay what it owes.
2 Jul
Who has got who over a barrel? G7 leaders are pushing the idea of capping the price they pay for Russian oil and gas, effectively forcing Moscow to choose whether to supply at a discount or cut off the revenue stream of its pipelines.