The prospect of a Russian debt default has once again been brought to the fore with the U.S. Treasury blocking dollar-denominated debt payments from Moscow via U.S. banks. The move on Monday evening ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — Russia has defaulted on its ...

The Kremlin pushed back on claims that Russia defaulted on its foreign-currency debts on Monday, placing the country at odds with creditors. "Claims that Russia is in debt default are wrong. A foreign ...

Russia’s options to avoid default are running out after the US Treasury told US banks that funds in accounts held by Russian entities that are subject to sanctions should not be used to make debt ...

MOSCOW (Reuters) -After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now hoping a cycle of rate cuts will nip concerns about rising ...

JP Morgan and Goldman Sachs have reaped significant profits trading Russian debt and derivatives this year amid a dramatic reshuffling in investor exposure to the country following Moscow’s invasion ...

WASHINGTON — Russia is poised to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system ...