Friday, July 11, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Russia’s failure to pay $1.9 million in accrued interest on a dollar bond will trigger payouts potentially worth billions of dollars, committee determines : worldnews

by /u/green_flash
June 4, 2022
in World
Reading Time: 2 mins read
A A
0
Home World
Share on FacebookShare on Twitter


That is one of the best tl;dr I may make, authentic diminished by 80%. (I am a bot)


Register now for FREE limitless entry to Reuters.comNEW YORK/LONDON, June 1 – Russia’s failure to pay $1.9 million in accrued curiosity on a greenback bond will set off payouts doubtlessly price billions of {dollars}, a panel of traders decided on Wednesday, because the nation teeters on its first main exterior debt default in over a century.

A Credit score Derivatives Determinations Committee overseeing Europe, whose members are banks and asset managers, mentioned on its web site on Wednesday that it voted ‘sure’ to a query on whether or not a “Failure to pay credit score occasion” occurred with respect to Russia.

The main target for a wider default is now on a coupon fee due June 24 on a bond issued in 1998.Russia has beneath $40 billion of worldwide bonds excellent and near $2 billion in funds is due by way of year-end.


Prolonged Abstract | FAQ | Suggestions | High key phrases: Russia#1 default#2 billion#3 nation#4 fee#5



Source link

Tags: accruedBillionsbondCommitteedeterminesdollardollarsfailureInterestMillionpaypayoutspotentiallyRussiasTriggerworldnewsWorth
Previous Post

Empire State Building shines purple, gold for Queen Elizabeth Jubilee By Reuters

Next Post

Watch Blue Origin’s fifth crewed New Shepard launch at 9AM ET

Related Posts

Russia develops Mi-80 to replace iconic Hip helicopter

Russia develops Mi-80 to replace iconic Hip helicopter

by Dylan Malyasov
July 11, 2025
0

Russia has launched work on a next-generation multirole helicopter designed to interchange the long-serving Mi-8/17 “Hip” collection, in response to...

Bangladeshi rap, memes helped oust Hasina — now they’re reshaping politics | Protests

Bangladeshi rap, memes helped oust Hasina — now they’re reshaping politics | Protests

by Euro Times
July 11, 2025
0

Dhaka, Bangladesh — On July 16, 2024, as safety forces launched a brutal crackdown on scholar protesters campaigning towards then-Prime...

Luxury £80m Brit superyacht bursts into flames in exclusive hols resort as crew members rescued from raging blaze

Luxury £80m Brit superyacht bursts into flames in exclusive hols resort as crew members rescued from raging blaze

by James Moules
July 11, 2025
0

An £80million British-made superyacht has gone up in flames in a luxurious French resort city.The Sea Girl II, which is...

U.K. and France Announce New Nuclear Defense Deal

U.K. and France Announce New Nuclear Defense Deal

by Euro Times
July 11, 2025
0

new video loaded: U.Ok. and France Announce New Nuclear Protection DealtranscriptAgaintranscriptU.Ok. and France Announce New Nuclear Protection DealPrime Minister Keir...

Canadian travel to the U.S. plummets — but Americans are staying home, too

Canadian travel to the U.S. plummets — but Americans are staying home, too

by John Paul Tasker
July 10, 2025
0

It is not simply Canadians who're holding again on cross-border journey amid a U.S. commerce warfare that has soured bilateral...

Things to know about the UN special rapporteur sanctioned by the US

Things to know about the UN special rapporteur sanctioned by the US

by ABC News
July 10, 2025
0

A U.N. particular rapporteur has been sanctioned by the USA over her work as an unbiased investigator scrutinizing human rights...

Next Post
Watch Blue Origin’s fifth crewed New Shepard launch at 9AM ET

Watch Blue Origin's fifth crewed New Shepard launch at 9AM ET

Peter Navarro indicted and taken into custody

Peter Navarro indicted and taken into custody

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Why ACA health insurance premiums may see ‘sharp’ increase in 2026

Why ACA health insurance premiums may see ‘sharp’ increase in 2026

July 11, 2025
PEP, Supportive Care, and More

PEP, Supportive Care, and More

July 11, 2025
Research Predicts 0,000 Bitcoin By EOY, If Treasury Firms Hold

Research Predicts $160,000 Bitcoin By EOY, If Treasury Firms Hold

July 11, 2025
Russia develops Mi-80 to replace iconic Hip helicopter

Russia develops Mi-80 to replace iconic Hip helicopter

July 11, 2025
Elon Musk’s SpaceX set to launch Israel’s Dror satellite

Elon Musk’s SpaceX set to launch Israel’s Dror satellite

July 11, 2025
Corn Sticking Close to Unchanged at Midday

Corn Sticking Close to Unchanged at Midday

July 11, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Why ACA health insurance premiums may see ‘sharp’ increase in 2026

PEP, Supportive Care, and More

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In