default

Biden says he can’t guarantee GOP won’t force U.S. default

Biden says he can’t guarantee GOP won’t force U.S. default

U.S. President Joe Biden cautioned that congressional Republicans may do something “outrageous” to force the U.S. to default on its loans, as the negotiations between congressional Republicans and the White House over whether to raise …

Ukraine's Naftogaz stumbles into default

Ukraine's Naftogaz stumbles into default

Ukraine's Naftogaz has become the first Ukrainian government entity to default since the start of the crisis, after the state energy firm said it would not make payments on international bonds before the Tuesday expiry of a grace period. …

Moody’s: Russia defaults on Eurobonds

Moody’s: Russia defaults on Eurobonds

Moody's said that Russia had defaulted on its foreign debt obligations, according to a statement published on the agency’s website on Monday. "On 27 June, holders of Russia's sovereign debt had not received coupon …

Kremlin disagrees with Russia's alleged default reports

Kremlin disagrees with Russia's alleged default reports

The Kremlin does not agree with the statement about alleged default of Russia on foreign debt, Kremlin spokesman Dmitry Peskov said on Monday. "No, we don't agree," Peskov told reporters, when asked the corresponding …

Bloomberg says Russia defaults on its foreign-currency debt

Bloomberg says Russia defaults on its foreign-currency debt

Russia has defaulted on its foreign-currency sovereign debt, Bloomberg reported on Monday. With the grace periods on about $100 million of two Eurobond coupons expiring on Sunday, the default is Russia’s first since …

Russia not to call itself in default - finance minister

Russia not to call itself in default - finance minister

Russia will service its external debt obligations in roubles if the United States blocks other options and will not call itself in default, Russian Finance Minister Anton Siluanov said. “We are not going to call any defaults, we …

Russia does not face risks of default - Bank of Russia

Russia does not face risks of default - Bank of Russia

Russia has all necessary financial resources, there is no threat of default, Governor of the Bank of Russia Elvira Nabiullina said on Thursday. "Russia has all necessary financial resources, there is no threat of default," she …

Russia doesn't default on its foreign debt

Russia doesn't default on its foreign debt

Russian Finance Minister Anton Siluanov has called the information spread by CNN about Russia defaulting on its foreign debt "incorrect". He elaborated that questions about why investors, including Americans, did not receive …

Kremlin: there are no grounds for default in Russia

Kremlin: there are no grounds for default in Russia

Kremlin Spokesman Dmitry Peskov did not rule out an artificially organized default situation in case of Russia’s external debt repayment, though there are no grounds for it. "Russia has all necessary resources for servicing …

Kremlin: there are no conditions for Russia's default

Kremlin: there are no conditions for Russia's default

There are no conditions for Russia's default as such, unless they are artificially created for the country, Kremlin spokesman Dmitry Peskov told reporters on Friday. "We have already heard statements from our heads of financial …

Biden warns U.S. moving closer to debt default

Biden warns U.S. moving closer to debt default

U.S. President Joe Biden said he couldn't guarantee the debt ceiling would be raised in two weeks as he slammed Republicans for opposing efforts to keep the nation from being unable to pay its debts for the first time in its …

 U.S. on a path to default

U.S. on a path to default

The U.S. debt ceiling officially became operative again on Sunday after a two-year suspension, with lawmakers in Washington yet to outline how they’ll avoid a potential default later this year. The debt limit - the total …

20th anniversary of Russia's 1998 default

20th anniversary of Russia's 1998 default

Twenty years ago, on August 17, 1998, Russia announced a technical default on main types of sovereign debt securities to the amount about $72.7 million.  One of the main reasons of crisis was the oil price collapse to $9.1 per …