— Russia, 2003
Posted on 04/15/2022 2:21:24 AM PDT by GonzoII
Russia paid roubles on dollar bondsBonds had no provision for rouble payments - Moody's
Russia defaulted on foreign bonds after 1917 revolution
Russia's economy facing worst year since 1994
LONDON, April 15 (Reuters) - Moody's said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow's exclusion from the Western financial system since President Vladimir Putin's invasion of Ukraine.....
(Excerpt) Read more at reuters.com ...
End the sanctions against Russia.
End all deportations and fines and other consequences of engaging in the criminal activity of invading across the border of US. /sarc
Non sequitur.
Just because you label it so, Humpty Dumpty?
End Russia’s criminal invasion of a sovereign Ukraine. All of it.
We should not charge and try to convict any Antifa or BLM criminals for killing or destroying other’s property because they claim “grievances”. /sarc
Are they in default, yes or no? It sounds to me like Moody’s doesn’t know.
Are they in default, yes or no? It sounds to me like Moody’s doesn’t know.
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Just more fake news, fluffed up and twisted to peddle a scary term ‘default.’ Anyone can create a ‘default’ by refusing to take a borrower’s legal tender by claiming it’s not legal tender because someone out of the blue just declared it so.
Wrong. If the contract specifies a specific payment type and method and that is not adhered to it is a default. Try paying your morgage in rubbles and let me know how that works out.
Except Russia actually tried to pay in dollars, WITH THEIR OWN US DOLLARS, and the Biden regime illegally froze Russia's dollar holdings .
Try paying your mortgage if your bank freezes your account for political reasons. This is no default. This is political warfare.
When you flying to Ukraine to show us how it’s done, Rambo ?
“End the sanctions against Russia”
Why?
May...?
Either they are or they aren’t.
There’s no confusion.
Just more lies.
They need to stop with the economic terrorism. It only hurts the day to day working people everywhere.
Be symmetrical. Address the issue. Solve the issue. Otherwise incremental armed aggression will continue to grow and spread.
Right-but wouldn’t the terms of payment have already been set down in the original agreement??
Yes. Then sanctions can be lifted. So let it be written so let it be done.
The sanctions are having global repercussions that are:
1. Hurting Americans and Europeans
2. Alienating Russian people from The West
3. Driving Russia further and further into the dark embrace of China
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