Russia’s default on its foreign debt is around the corner

Russia is ambling toward a major default on its foreign debt, a grim milestone that it has not seen since the Bolshevik Revolution more than a century ago. It could cause years of legal wrangling and pit Russia against big investors from around the world. https://t.co/Hy90FiBaDF

— The New York Times (@nytimes) April 16, 2022