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Russia pitches into first major external bond default in century

Summary by Business Standard
Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.

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  • 39% of the sources lean Right
39% Right

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Deccan Herald broke the news in Karnataka, India on Sunday, June 26, 2022.
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