Tag: external debt
Confusion over interest payments on Russian dollar bonds
Russia’s Finance Minister Anton Siluanov Finance Minister Anton Siluanov has repeatedly stated that the country will pay its debts in rubles. (Photo: imago/ITAR-TASS) Frankfurt The guesswork about a possible state…
Russia The rating ban crosses an untouchable limit
US dollar ATM in Moscow From mid-April, rating agencies will no longer be able to rate Russia’s creditworthiness. (Photo: dpa) Bond ratings matter a lot. They decide which investors can…
Payday in Moscow – Investors are waiting for interest payments
Russian rubles The depreciation of the currency renders interest payments in rubles worthless. (Photo: action press) Frankfurt It is only a relatively small sum, but it is crucial for Russia’s…
Why a state bankruptcy in Russia is hardly avoidable
View of Moscow Sanctions hit Russia hard – and its creditors. (Photo: imago images/Russian Look) Frankfurt Rating agencies, investors and banks have made their judgments. A state bankruptcy in Russia…
Central Bank of Russia restricts foreign exchange trading
Central Bank of Russia On the other hand, there are no restrictions on exchanging foreign currencies for rubles. (Photo: Bloomberg) Moscow The Russian central bank imposes drastic restrictions on foreign…
World Bank warns of global inflationary surge
World Bank Chief Economist Carmen Reinhart “The more global interest rates rise, the greater the financial vulnerability in emerging and developing countries.” (Photo: Getty Images) Berlin The World Bank has…
World Bank warns of global inflationary surge
World Bank Chief Economist Carmen Reinhart “The more global interest rates rise, the greater the financial vulnerability in emerging and developing countries.” (Photo: Getty Images) Berlin The World Bank has…
World Bank warns of global inflationary surge
World Bank Chief Economist Carmen Reinhart “The more global interest rates rise, the greater the financial vulnerability in emerging and developing countries.” (Photo: Getty Images) Berlin The World Bank has…
Greece wants to repay IMF loans early
Acropolis in Athens In 2015, after a long struggle, Greece agreed on a third aid package with the euro countries and the IMF. (Photo: dpa) Athens Greece wants to pay…
China cuts off credit to developing countries
China worsens debt crisis in developing countries Chinese customs officials hoist the national flag in front of the Lujiazui financial district in Shanghai. (Photo: Bloomberg) Berlin The World Bank rang…
“Inflation is not out of control”
Under pressure: ECB boss Christine Lagarde The President of the European Central Bank (ECB) at an event in Frankfurt (archive photo). (Photo: Reuters) Berlin The global economy is no longer…