Posted on 03/16/2022 9:15:18 AM PDT by marcusmaximus
Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through, ratcheting up fears of Moscow’s first foreign currency debt default in over a century.
“The possibility or impossibility of fulfilling our obligations in foreign currency does not depend on us, we have the money, we paid the payment, now the ball is on the side, first of all, of the American authorities,” Siluanov said in an interview with RT Arabic, according to Russian news agency RIA.
“The Russian Federation has the necessary money in foreign currency accounts, it is possible to pay in ruble settlements.”
Siluanov claimed Russia had the necessary funds to fulfill its obligations and pay $117 million in interest on two sovereign eurobonds due on Wednesday. However, he said the U.S. should first clarify whether the settlements are possible from Russian foreign currency accounts.
CNBC has contacted the U.S. Treasury Department’s Office of Foreign Assets Control, which administers sanctions, for comment. It was not immediately available to respond.
(Excerpt) Read more at cnbc.com ...
Russia was too big to fail.
If that happends it means Biden gave up on Ukraine.
These people have been flat out lying to you for over a decade. But you still believe every single thing they say. You must be crazy.
Could be true though. I think Biden is inept enough to fail even at properly sanctionung Russia
You mean money is more important than their ESG scores? They should look at this as their sacrifice for the Great Reset.
Never forget, Biden crime family received more bribes from Russia than from Ukraine. They were playing both sides and Russia was the highest bidder.
Hunter Biden received $3.5M wire transfer from Russian billionaire: Senate report
https://nypost.com/2020/09/23/hunter-biden-received-3-5m-from-russian-billionaire-report/
The world is waging economic warfare against Putin.
I think they should default, just to screw the banksters.
Since the USA and EU have frozen Russian central bank FX reserves - both sides should just agree - take the money for debt payments from the FX reserves.
Regardless, we have created a TERRIBLE precedent for the world, and for our own citizens. Government will freeze individual bank accounts, they will freeze nations’ bank accounts. Its ALL a political weapon. And when money becomes completely digital, you will be under total control of the state.
So sad - its no different from the CCP in China.
“If that happens it means Biden gave up on Ukraine.”
Agreed. The prick is selling out if he’s not willing to collapse Russia’s wartime economy.
Even entire nations are slaves to the banksters.
Investment giant Pimco risks losing up to $2.6 billion if Russia defaults on its debt: report
https://freerepublic.com/focus/f-news/4045486/posts
Yep, Russia is giving the middle finger to sanctions. They are already on a new gold reserve system with China and India which smells like QFS coming online to me. I thought the US would be first but maybe not. Now 3 billion people are on a new financial system.
Just like it smelled like QFS coming online last March to you.
LOL!
Hunter suckin up da cash...MO money 💰
And it still does. 😉
And Russian bribes laundered through Hunter Biden got paid in dollars, not rubles.
Putin is playing chess while this admin is chasing Biden around while he’s yipping it up throwing pawns throughout the Rose Garden.
Putler deserves everything that is happening to him and much more.
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