US engineering artificial Russian default – analyst ...News

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US engineering artificial Russian default – analyst
Washington is trying to prevent Moscow from servicing its sovereign debt The latest US decision to not extend the general license waiver that allows Russia to make sovereign debt payments is an attempt to force the sanctions-hit nation into an “artificial default,” according to Kyle Shostak, the director & CEO at Navigator Principal Investors. The move will “effectively turn Russia’s liabilities to the category of default as it is commonly understood and interpreted by international rating agencies,” Shostak said in an interview with TASS. “This situation can be called nothing but enforcement of an artificial defa

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