Russia appears to miss its foreign debt payments deadline, falling into default.

Financial

The Russian Central Bank headquarters in Moscow. The head of the bank, Elvira Nabiullina, has said that there won’t be any immediate consequences of a default.Maxim Shemetov/ReutersRussia appeared to be falling into default on its international debt on Monday as a grace period to make a payment expired, the latest sign of how isolated Russia…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Stock market news live updates: Stock futures move lower after relief rally falters
EV Startup Arrival in Talks on Funds to Unlock US Market
Volvo Trucks’ Peter Voorhoeve Sees Opportunity to Accelerate Zero-Emission Goals
84 Lumber manager embraces roots to help build his future
Teal-Jones: Supreme Court decision a win for workers, fact-based debate