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Crude Trading Enters Bear Territory As Investors React to Iran, Russia

OPEC warns of diminished demand if the Russia/Ukraine invasion continues. ....

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Russia is spiralling toward a $150-billion default nightmare

Because of sanctions, and various decrees Russia introduced in response, a default appears all-but inevitable ....

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Shocks pile up on bank funding costs

Shocks pile up on bank funding costs
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Russian Debt Default 'Priced-In' by Investors But Risks Remain, 'Butterfly Effect' Could Impact Multiple Entities

Russia’s attack on Ukraine and the resulting international sanctions have triggered fears of a potential debt default by Moscow, something which economist William Jackson says is unlikely. ....

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Russia Is Spiraling Toward a $150 Billion Default Nightmare

(Bloomberg) 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. ....

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