Sunday, 4th June 2023
<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

24 Mar
Ukraine has been hit with a massive wave of missile attacks for the first time in weeks, cutting power to the Zaporizhzhia nuclear power plant.
15 Mar
Russian lawmakers want to crack down harder on individuals who criticize Russian forces fighting against Ukraine. How will these legal changes impact Russia's society?
18 Mar
More than 20,000 people have reached Italy's shores this year and the government says the influx is deliberate. It now wants NATO's help.
16 Mar
The United Kingdom's Supreme Court has ruled that Ukraine can defend a Eurobond lawsuit brought by Russia. Ukrainian President Volodymyr Zelenskyy hailed a victory.
19 Mar
Niger, one of the world's poorest nations, has resisted a recent spate of coups and inroads by Russian mercenaries seen in neighboring countries and is set to benefit from millions in US aid.
26 Mar
China and Russia announced a visit to Moscow by President Xi Jinping next week. Beijing, a longtime Moscow ally, seeks a peace mediator role over the war in Ukraine.
26 Mar
As Chinese leader Xi Jinping begins his three-day trip to Moscow on Monday, all eyes are on how China positions itself in the ongoing war and experts describe the trip as “extremely delicate” for the Chinese President.
25 Mar
Since Russia started its war in Ukraine, the EU has made extensive use of its sanction's toolbox. Despite this, sanctioned goods from Europe still seem to find their way to Russia.
25 Mar
Security forces raided the homes and offices of former employees of the rights organization Memorial. The wave of searches is part of a sweeping crackdown against dissent in Russia.
27 Mar
The Russian leader said he struck a deal with his Belarusian counterpart to station tactical nuclear weapons on its territory, making it the first time Moscow has based the arms outside the country since the mid-1990s.
29 Mar
Kyiv says it wants UN Security Council action after Moscow announced plans to station tactical nuclear weapons in Belarus. Russia's leader has accused the West of building an axis against Moscow. DW rounds up the latest.
28 Mar
Chelsea posted an overall net loss of almost $149 million for 2021-22 due to "extraordinary expenses and loss of revenue" after sanctions were imposed on previous owner Roman Abramovich, the English Premier League soccer club said on Monday.