U.S. considering move to block Russian debt payments - Treasury ...Middle East

The United States is considering blocking Russia’s ability to pay its U.S. bondholders by allowing a key waiver to expire next week, a U.S. administration official said on Tuesday. Bloomberg News reported earlier on Tuesday that the Biden administration is poised to allow the waiver to expire as scheduled on May 25, which could bring Moscow closer to the brink of default.

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