Russia is on the verge of defaulting on its foreign debt, which not only could have severe economic consequences but could also complicate Putin’s ability to wage a prolonged war in Ukraine.
Articles on Sovereign default
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The idea: to use the credit channel by making foreign banks bear the consequences of the devaluation of the Russian currency.
Sovereign debt, crises and default have been regular features of the Argentine economy for years – but the latest debt crisis, involving the government and the so-called “vulture funds”, has thrown up…
The Argentine government recently defaulted on its external debt. The country’s debt issues had been building up for some time and then, just over ten years ago the country’s newly-elected president, Néstor…
Unless you just returned from holiday in some ultra-remote region lacking newspapers, television or internet access (is there such a place?), you will be aware the government of Argentina has defaulted…
Argentina is facing the potential of a new financial crisis after it defied legal attempts to force it to repay US$1.33 billion in debt owed to the so-called “vulture” funds that have pursued the country…
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Professor Emeritus of Economics, SOAS, University of London
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Professor of Global Politics, University of Southampton
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Professeur de finance, LEM-CNRS 9221, IÉSEG School of Management
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Professor of Political Science, Boise State University
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Professeur de Finance, LEM-CNRS 9221, IÉSEG School of Management