Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Russian debt default: two experts explain what it means for Russia and for global financial markets

By Nasir Aminu, Senior Lecturer in Economics and Finance, Cardiff Metropolitan University
Rodrigo Olivares-Caminal, Professor of Banking and Finance Law, Queen Mary University of London
Share this article
Russia’s recent default on its foreign debt – it’s first since 1918 – has been hailed as proof that the sanctions imposed by western governments since the invasion of Ukraine in February are working.

A 30-day grace period on US$100 million (£82 million) in interest on two bonds ended on June 27 2022, with Russia’s repayments on this foreign debt not…The Conversation

Read complete article

© The Conversation -

Follow us on ...
Facebook Twitter
© 2022® Inc. All reproduction rights reserved.

All information reproduced on the Web pages of (including articles, images, photographs, and logos) is protected by intellectual property rights owned by® Inc. or, in certain cases, by its author. Any reproduction of the information for use other than personal use is prohibited. In particular, any alteration, widespread distribution, translation, sale, commercial exploitation or reutilization of the contents of the Web site, without the prior written permission of® Inc., is strictly forbidden. For information, please contact® Inc. is not responsible for external links nor for the contents of the advertisements appearing on®. Ads companies may use information about your visits to this web site in order to provide advertisements about goods and services of interest to you.