Russia approaches default on foreign currency payments, according to financial rating agency Standard & Poor’s
Look here for all our living #UKRAINE 12:00 : It’s noon, here’s the gist of the news: • Russia is a little closer to default. On Saturday, the financial rating agency S&P Global Ratings downgraded Russia’s foreign currency rating to “custom default value”after Moscow paid off its dollar-denominated ruble debt earlier this week. • President … Read more