A Russian Sovereign Financial Debt Default? No More Unlikely

Main confirmation of the default was anticipated to find from global scores agencies. The nation missed a deadline of Sunday evening to fulfill a 30-day moratorium on passion settlements of $100m (₤ 81.2 m) on two eurobonds originally due on 27 Might, Bloomberg reported on Monday early morning. Russia is positioned to back-pedal its financial… Continue reading A Russian Sovereign Financial Debt Default? No More Unlikely