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