Russia has failed to pay $1.9 million in accrued interest on a government bond. Western sanctions have largely severed Russia from the international financial system. The country’s foreign currency debt was last defaulted on in 1918 when Bolshevik leader Vladimir. A panel of investors announced Wednesday that Russia has failed to pay $1.9 million in … Read more
Russia declares to seize leaving western businesses to overcome rising inflation Russia is propelling another regulation that will permit it to command over local western businesses. The ones that choose to leave Russia due to the intrusion of Ukraine. The law, which could be set up in practically no time, will give Russia powers to … Read more
Moscow has lobbied the West to relax sanctions against Russia over the conflict in Ukraine, attempting to deflect blame for a growing food crisis. It was exacerbated by Kyiv’s inability to ship millions of tons of grain and other agricultural supplies due to the fighting. The UK promptly accused Moscow of “trying to hold the … Read more
Russia and Ukraine have a tense relationship. Western countries have placed a number of sanctions on Ukraine as a result of Russia’s invasion. The West has imposed a slew of sanctions on Russia for its role in the Ukraine issue. Despite this, Russian President Vladimir Putin praised the initiative, calling it a “special operation” aimed … Read more
PARIS: France said on Tuesday that Western sanctions against Moscow over its invasion of Ukraine will cause the Russian economy to collapse. “We will bring about the collapse of the Russian economy,” Finance Minister Bruno Le Maire told the Franceinfo broadcaster a day after France, the EU and others said they would impose a new … Read more
