Russian President Vladimir Putin holds a meeting at the Kremlin in Moscow in April. Photo: Sputnik via TNS
Russian President Vladimir Putin holds a meeting at the Kremlin in Moscow in April. Photo: Sputnik via TNS
Ukraine war

Ukraine war: US closing key avenue for Russian debt payment, bringing Moscow to edge of default

  • The US Treasury Department says it does not plan to renew a licence that allows Russia to pay international investors through American banks
  • Russia has not defaulted on its international debts since the 1917 Bolshevik Revolution, which led to the creation of the Soviet Union

Russian President Vladimir Putin holds a meeting at the Kremlin in Moscow in April. Photo: Sputnik via TNS
Russian President Vladimir Putin holds a meeting at the Kremlin in Moscow in April. Photo: Sputnik via TNS
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