Default Russia
Fitch Ratings downgraded its view of the countrys government debt warning a default is imminent. Russia is very likely to default on foreign debt and its economy will suffer a double digit contraction this year after the West launched sanctions unprecedented in scale and coordination a.
List Of Credit Default Risk National Debt World Economic Forum World
Russia will soon be unable to pay its debts according to a leading credit ratings agency.
. The default concerns follow a warning from the Institute of International Finance IIF this week which flagged how roughly half of Russias 640. Russias credit crunch raises specter of default G-7 finance chiefs pledge more action as debt yields soar and liquidity tightens The ruble has collapsed against the.
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