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The United States is considering blocking Russia’s ability to pay its US bondholders by allowing a key waiver to expire next week, a US administration official said on Tuesday, which could put Moscow closer to the brink of default.

Russia has so far managed to make its international bond payments despite Western sanctions, which have complicated the process of paying.Russia has so far managed to make its international bond payments despite Western sanctions, which have complicated the process of paying.

Russia has not defaulted on its external debt since the aftermath of its 1917 revolution and was rated investment grade up until its February 24 invasion of Ukraine. “We are looking at all options to increase pressure on Putin.” Bloomberg said the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow.

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Awu! How can it be a default when the 'Police of the World' USA is deliberately blocking them🤔

Chasing darkness everything is going haywire.

In other news, the Ruble is much much stronger.

Don’t change subject, United States was funding apartheid government to kill black ppl in SA

The sanctions are not working 😂😂 so they keep chasing after shadows . Stupid bullies 🤡🤡😵‍💫

If it were not for fact they print money ,create bloodletting and suppress..what a people, nearly not human

Isn't that unethical & possible a breach of contract?

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