Russia is now exposed to a historic debt default: Here's what happens next - CNBC

The U.S. has announced that it will not extend an exemption permitting Moscow to pay foreign debt to American investors in U.S. dollars, potentially forcing Russia into default.

Russian President Vladimir Putin attends the Collective Security Treaty Organization (CSTO) summit at the Kremlin in Moscow, Russia May 16, 2022. The U.S. has announced that it will not extend an ex… [+6113 chars]

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