Russia defaults on its foreign debt for the first time in over a hundred years. It says it wants to pay, and it can pay, so what’s the holdup? Large firms like Disney, Apple, and Amazon want to cover part of their employees’ abortion costs. But could they face legal trouble if they do? Alarm in…
Russian Default: 1st time in 100+ Yrs; Firms Paying Abortion Costs Face Legal Fights | NTD Business
Moody’s Says Russia May Have Defaulted on Obligations
Ratings agency Moody’s has warned that Russia might have defaulted on its debt since it tried to service its dollar bonds in rubles due to Western sanctions. “Russia reportedly made payments on two bonds maturing in 2022 and 2042 in rubles rather than US dollars which represents a change in payment terms relative to the…
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