Global markets have taken a hammering to start the week as expectations grow that the U.S. Federal Reserve will need to hike interest rates more aggressively.
Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond default by geopolitics, rather than empty coffers. Until the Kremlin launched an attack on Ukraine on Feb. 24, few would have entertained the possibility of .
By Davide Barbuscia and Sujata Rao NEW YORK/LONDON (Reuters) - Russia is on the cusp of a unique kind of debt crisis which investors say would be a first