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Russia is spiralling towards a $209 billion nightmare

Russia’s economy is fraying, its currency has collapsed, and its debt is junk. Next up is a potential default that could cost investors billions and shut the country out of most funding markets.

Russia s Default Imminent – What Does This Mean for US Economy?

Ratings agencies and global experts expect Russia's default on its debts to be imminent, and some are now worried about potential global implications. See: Tesla Will Keep Conscripted Ukrainians on.

Russia May Soon Default on its Foreign-Currency Debt

It owes $150 billion for foreign-currency bonds. Russia has pledged to pay them back, but in rubles, given the West s sanctions.

Commersant ge | Russia is spiraling toward a US$150B default nightmare

ბიზნესის და ეკონომიკის სიახლეები, ბიზნეს ამბები,ყველაფერი ქართული ბიზნესის შესახებ,ბიზნესთან შენობით,ბიზნესის პერსონალური რადიო,ახალი ამბები,რადიო კომერსანტი,ბიზნეს რადიო,მულტიმედიური პლატფორმა

Hedge Fund Greylock Files for Bankruptcy in New York

Greylock Files for Bankruptcy After Losses Spur Withdrawals Bloomberg 2/1/2021 Luca Casiraghi and Colin Keatinge © Bloomberg Greylock, led by CEO Hans Humes, is known for taking bets on troubled sovereign debt, from Greece to Lebanon. (Bloomberg) Greylock Capital Associates filed for bankruptcy protection in New York as investors pulled money from the hedge fund following three consecutive years of losses. Popular Searches The Chapter 11 proceedings will allow Greylock to restructure its debt and terminate its Madison Avenue office lease in Manhattan, according to a Jan. 31 filing signed by Chief Financial Officer David Steltzer. Assets under management at the emerging markets hedge fund which more than halved since 2017 to $450 million at the end of 2020 will drop by $100 million by the end of March in the absence of new investments, according to the filing.

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