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Russia appeared to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country ....
Russia has defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors. ....
Last month, the U.S. Treasury Department ended Russia’s ability to pay its billions in debt back to international investors through American banks. ....
EXPLAINER: What's the impact of a Russian debt default? - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.