Treasury stops Russia from paying debt through US accounts ...Qatar

Gulf Times - News

The US Treasury halted dollar debt payments from Russian government accounts at US banks, increasing pressure on Moscow to find alternative funding sources to pay bond investors and avoid a default. The decision adds another complication to Russia’s attempts to keep meeting debt obligations amid the sanctions imposed after it invaded Ukraine. While the government is so far making payments, some have been delayed by banks doing lengthy checks that they aren’t breaching any restrictions. The latest measure follows accusations that Russian troops massacred civilians in Bucha and other Ukrainian towns, news that’s shocked the world and pushed governments to consider a tougher response. European

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Last updated : 05 April 2022 clock 09:57 PM

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Treasury stops Russia from paying debt through US accounts ...Qatar

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