Russia’s historic default: What next for the economy? | DW Business Special
Russia has defaulted on its foreign debt for the first time in a century. Moscow failed to pay $100 million in two government bonds before the 30-day grace period expired. So is this a sign of the devastating impact of international sanctions on Russia’s economy? Or is the Kremlin right to claim it isn’t a...
Russia has defaulted on its foreign debt for the first time in a century. Moscow failed to pay $100 million in two government bonds before the 30-day grace period expired. So is this a sign of the devastating impact of international sanctions on Russia’s economy? Or is the Kremlin right to claim it isn’t a true ‘default’? With the help of two experts, we answer these questions and more.
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Originally published at https://www.youtube.com/watch?v=dEaIJn3hi1s
