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How markets view Russia debt default as Ukraine invasion continues
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The threat of a Russian default on sovereign debt is seen near, but investors so far aren’t panicking over any potential hit to global financial markets.
“While a default would be symbolic, it seems unlikely that it will have significant ramifications, both in Russia and elsewhere,” said William Jackson, chief emerging markets economist at Capital Economics, in a note on 14 March.
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Read more on fnlondon.comAbout this in other media
Probable Russian debt default unlikely to cause a global financial earthquake theguardian.com /2 years ago
Ukraine invasion may lead to worldwide food crisis, warns UN theguardian.com /2 years ago
Tate galleries cut ties with sanctioned billionaires after Ukraine invasion theguardian.com /2 years ago
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