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— simonthong aka kitty poo (@KittyPo80176717) April 18, 2022
https://t.co/f2U1iGPo4R pic.twitter.com/ByxJ4jpMjV
— simonthong aka kitty poo (@KittyPo80176717) April 18, 2022
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S & P calls it a selective default.
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"S&P..issued the downgrade to 'selective default' late Friday after Russia arranged to make foreign bond payments in rubble on Monday when they were due in dollars. It said it didn’t expect Russia to be able to convert the rubble into dollars within the 30-day grace period"
— Richard H. Ebright (@R_H_Ebright) April 11, 2022
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Russian Finance Minister Siluanov said
— ts_batbold (@tsbatbold3) April 11, 2022
“We will sue, because we undertook all necessary action so that investors would receive their payments. We will show the court proof of our payments, our efforts to pay in rubles, just as we did in foreign currency.”
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— simonthong aka kitty poo (@KittyPo80176717) April 11, 2022
— simonthong aka kitty poo (@KittyPo80176717) April 11, 2022
https://www.cnn.com/2022/04/11/investing/russia-default-sp/index.html
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Russian Railways is ruled in default on a bond after missing an interest payment last month, the first such decision since Russia was slapped with harsh sanctions https://t.co/1FsibIHvBA
— Get Up Radio (@getupradio) April 11, 2022
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weehingthong 