The $100m interest payment was due on 27 May. Russia says the money was sent to Euroclear, a bank which would then distribute the payment to investors.
But that payment has been stuck there, according to Bloomberg News, and creditors have not received it.
It appears to be a technicality rather than an indication of russia going bankrupt.
(Could this leave russia with no other options aside from making payments in bitcoin.)
I don't think Putin will take this lying down. He will search for alternatives. But we shall see.
Maybe he has no alternatives?
It is foolish to say that Russia has run out of money. They are. But they are difficult to use, such a funny story
And this was done not to destroy the economy, but indicative! To show that nothing depends on Russia in this world! That they can't even use their money to pay their debts
This is a "demo version", it will be more fun and interesting!
And as to whether there are alternatives to the pathetic likeness of the Fuhrer - the answer is NO! Of course, he can beg for money from China, but in return, he will give China, its historical territories beyond the Urals. True, he will tell his slaves that he brought the USA to its knees, and now they are still more afraid of the second army in the world "
But in fact - you understand very well - Russia has received a "black mark" in the financial sector, and not a single adequate country will no longer lend to the backward economy of Russia and personally to the terrorist and murderer of Putin! Although there is an option that some country, not very adhering to the norms of international law, lends money to the Kremlin ghoul, provided that he sells 1 million hectares of Russian territories for 1 dollar, as Putin has already done with huge areas in the far east of Russia
LOL - your are right. Russia is strong and Russia is powerful.
the point you have mentioned that it is foolish to think the Russians are of money - is very valid. Russia is going on fast track toward their goal and there is no stopping.
And here is a selection of fast running ... to the bottom of civilization
All these are the results of the first week of July :
- The Russians plundered the museums of Mariupol. Original paintings by Aivazovsky and Kuindzhi stolen
- Lavrov left the meeting of the G20 Foreign Ministers in disgrace, after the total boycott of the representative of the country of the world terrorist, by the participants of the meeting
- A large energy project worth 37 billion was stopped due to sanctions - General Electric refused to supply a new turbine for the Zainskaya GRES in Tatarstan, and Putler "raised Russia from its knees" in such a way that without General Electric turbines, Zainskaya GRES will not be upgraded, but closed.
- "Tasty - and the point" (stolen McDonald's) removed french fries from the menu due to crop failure. Potatoes are expected to return to the menu in the fall. But it is not exactly
- The largest lead plant in Russia, Fregat, has been shut down. Four more lead enterprises are on the verge of stopping - Ryaztsvetmet, Ecorusmetall, Agropribor and UMMC.
- In Russia, presented 5 models of the new car "Moskvich". It sounds very patriotic, if not for a single "but" - they, as expected, turned out to be models of the Chinese manufacturer JAC, who condescendingly allowed the Russians to assemble them under their Moskvich nameplate. Nameplates "Moskvich" Russia will also ask China to produce, since they themselves do not have the technology for this
- Oil prices began to plummet amid a statement by Deputy Head of the Security Council of Russia Dmitry Medvedev in his Telegram channel about the growth in oil prices "above the predicted astronomical price of 300-400 dollars." I love Russian clowns-morons
- As a result of limiting the price of Russian oil, the possibility of which was agreed last week by the leaders of the G7, this product can become cheaper for buyers by about half the current price. Now $40 per barrel will be not only for India and China
And for India and China it will be $20 each. As always, "Russia outplayed everyone" by shooting itself in both legs and ass
- On Monday, July 5, Russian oil was trading at $80 per barrel. This is the spot price ("here and now"). So China and India are buying oil below $40 per barrel (waiting for clarification)
- Iran and Russia are increasingly reducing oil prices in the struggle for the Chinese market. Moscow began actively supplying oil to China after the invasion of Ukraine, as sanctions significantly reduced the ability of the Russian Federation to export raw materials to Europe. Therefore, Iranian producers have to reduce the price of their oil, as China remains the only major market for rogue states such as the Russian Federation and Iran.
As a result, Urals has halved in price in two months amid a decline in dollar prices and a fake/artificial strengthening of the ruble.
Cool, right? You can see the path of the world leader
