Thu 06/09/2022 06:11 AM
The EU
imposed a sixth package of economic and individual sanctions targeting both Russia and Belarus, limiting Russia’s ability to finance the war, including banning the import of Russian oil into the EU and excluding more key Russian banks from the international payment system SWIFT.
Meanwhile, on June 1, ISDA Determinations Committee
voted that Russia had triggered a credit event after failing to pay roughly $1.9 million in coupon payments on its 2022 sovereign bond, bringing Russia...
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