Tuesday, April 26, 2022

CNBC: Twitter accepts Elon Musk’s buyout deal

Twitter accepts Elon Musk’s buyout deal PUBLISHED MON, APR 25 20222:50 PM EDTUPDATED MON, APR 25 20226:15 PM EDT https://www.cnbc.com/2022/04/25/twitter-accepts-elon-musks-buyout-deal.html

Tuesday, April 5, 2022

CNBC: Russia debt default prospect resurfaces as U.S. blocks bond payment

Russia debt default prospect resurfaces as U.S. blocks bond payment

 https://www.cnbc.com/2022/04/05/russia-debt-default-prospect-resurfaces-as-us-blocks-bond-payment.html

Wednesday, March 30, 2022

Thursday, March 17, 2022

CNBC: Russia claims to have ordered crucial bond payment as it seeks to avoid historic debt default

CNBC: Russia claims to have ordered crucial bond payment as it seeks to avoid historic debt default https://www.cnbc.com/2022/03/17/russia-claims-to-have-ordered-payment-as-it-seeks-to-avoid-historic-debt-default.html

‘Russia blinked’

“Russia blinked,” Timothy Ash, senior emerging markets sovereign strategist at BlueBay Asset Management, said via email.

“It used resources in its limited war chest, beyond the reach of Western sanctions to make the payment. Let’s see if it ends up with bondholders.”

Ash suggested Russia had realized “the price of default was much larger.”

Economic news - CNNMoney.com