finance

Russia on brink of default as debt deadline looms


“They have not got it,” says Jay Auslander, a US lawyer who has worked on many government debt cases. “And the overwhelming probability is they’re not going to get it.”If this money has not arrived within 30 days of the due date, that is, Sunday evening, that will widely be considered a default.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more