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Transcripts for BBCNEWS Outside Source 20240604 18:48:00

to international creditors. earlier today, bloomberg news reported that. russia says it hasn t defaulted. here s kremlin press secretary dmitry peskov. translation: in fact, these attempts will amount to outright theft, - and these us claims about default are devoid of any legality. russia made the required bond payments and currency due in may. and the fact they had been blocked by euroclear and didn t come to the recipients is not our problem. in this case, there s no reason to call the situation a default. well, for more, i m joined by yannis manuelides. he s a senior council with the law firm allen and overy. he s an expert in these matters, thanks very much indeed forjoining us. so help us understand a little further if russia has the money, why is it the sanctions prevent that money from being given to the

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