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Russia in historic default as Ukraine sanctions cut off payments | The Asahi Shimbun: Breaking News, Japan News and Analysis

LONDON/NEW YORK Russia defaulted on its international bonds for the first time in more than a century, the White House and Moody s credit agency said, as sweeping sanctions have effectively cut the country off from the global financial system, rendering its assets untouchable.

Russia in historic default as Ukraine sanctions cut off payments

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