Elon Musk: U.S. is going bankrupt fast
SpaceX founder and Tesla CEO Elon Musk has warned that America is currently headed for bankruptcy super …
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 …
Italy on the edge of default?
Italy’s debt has long been the Achilles’ heel of the euro area
Secretary of Russia’s Security Council believes U.S. may default on its debt
Secretary of Russia’s Security Council Nikolay Patrushev believes that the United States may default on its debt in the near future. Speaking at consultations with colleagues from the countries of the Association of South East …
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 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 …
Russia does not abandon its obligations to all investors - Finance Ministry
Russia does not refuse fulfilling its debt obligations to all categories of investors, the Ministry of Finance said in a statement. "The Russian Federation does not refuse to fulfill its debt obligations to all categories of …
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
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 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 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
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 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
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
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
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 …
Economic Development Minister rules out new default possibility in Russia
Russia's Economic Development Minister Maxim Reshetnikov ruled out the probability of a default in Russia similar to the one the authorities announced in 1998. "No," the minister said, answering the …
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 …
Russian government preparing plan of action in case of Ukrainian default
Russia’s Finance Ministry is preparing a plan of action in case Ukraine declares a default, Russian Minister Anton Siluanov said. "Currently, we’re preparing a particular plan of action for …
