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US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...

 
Anonymous Coward
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05/18/2022 05:40 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
The spiritual and economical war going on

Has been won by Russia

Pray the west see this to

Because we will lose a kinetic war as well
 Quoting: hwy_ho1


Russia, the country that killed a out 50 milluon white christians in the past 100 years?
 Quoting: Anonymous Coward 71044291


Hey genius you know darn well that those same kind filtered into the west since the 1960s and now control it, Russia finally got rid of them....

Guess who REALLY murdered all those white European Christians in Russia back after the Reds won?

You darn well know they WEREN'T REAL white Europeans.
 Quoting: Anonymous Coward 83285941



Every Single Time
Anonymous Coward
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05/18/2022 05:51 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Russia can just put the money is escrow.
mji71

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United States
05/18/2022 06:06 AM

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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
they didn't pay their debts, and that's why our money is worthless

they didn't sell us food and fertilizer, that's why your children are starving

they didn't sell us gas and oil, and that's why the lights are out

i see how they are going to play this game
 Quoting: Anonymous Coward 73830288


In other words "Russia. Russia. Russia."

Sounds familiar.

Demonrats master is Satan: Father of Lies.

God save us.
Anonymous Coward
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05/18/2022 06:11 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
[link to www.zerohedge.com (secure)]

The latest attempt at inflicting maximum punishment and pressure on Russia amid its grinding war in Ukraine has many scratching their heads, as the US is now set to block Moscow's ability to pay its sovereign debt - though ironically which Russia appears ready and willing to pay, if it weren't for the far reaching US-led sanctions imposed on its central financial institutions in the first place.

A key US Treasury waiver which provided an exemption for transactions involving Russia's finance ministry, central bank and national wealth fund in instances where US bondholders are paid is set to expire according to schedule on May 25, and the Biden administration is reportedly strongly mulling not renewing it.


Ummm OK, what ever entities that hold the dept here and is blocked from collecting will unload that note... Someone who is not blocked from accepting payment will gladly buy it since they know Russia is willing and able to pay... This does nothing to Russia, it only hurts US holders of the dept.
A senior administration official said that while "It's under consideration" a final decision has yet to be reached. "We are looking at all options to increase pressure on (Russian President Vladimir) Putin."

Bloomberg reported Tuesday, however, that the US Treasury is going to let the waiver expire, citing people familiar with administration deliberations. That waiver previously issued by the Treasury Department's Office of Foreign Assets Control made exceptions for transacting with sanctioned Russian entities for the purposes of "the receipt of interest, dividend, or maturity payments in connection with debt or equity."

"The waiver, issued shortly after the US levied sanctions on Russia over its invasion of Ukraine in February, has given Moscow room to keep paying investors, helping it avert default on its government debt," Bloomberg points out.

And yet there's reportedly significant internal dissent against such a drastic plan as letting the waiver expire on fears that such a policy would only prove counterproductive to Washington interests. "Some Treasury officials had privately argued that allowing Russia to pay its debt would further drain its coffers and redirect resources that would otherwise be spent on weapons and military operations in Ukraine," the report says. "But the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow, the people said."

Western Creditors be damned😂😂 Russia will lose sovereign Rating but Creditors will lose real money.& Nation will continue to trade with Russia inspite of poor ratings as:
1.They know RUS has never ever defaulted on loan.They are blocked
2. World need RUS Energy & Raw material😂

— AKR (@AkashRa52423008)
 Quoting: WTF ? 74037682
Anonymous Coward
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05/18/2022 06:12 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
NATO stupidity is pushing for war.
Let Biden send his idiot son
Anonymous Coward
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Norway
05/18/2022 06:15 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
It's not a default if they are willing and able to pay.
 Quoting: Anonymous Coward 83287341


The rating agencies are just extensions of the US government, like SWIFT. They are used as political tools.
Anonymous Coward
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Canada
05/18/2022 06:39 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Stupid.

If a bank refused my paying back a loan its called debt forgiveness.
 Quoting: Anonymous Coward 75178015


Yep.
It appears that they are releasing Russia from all debt.
 Quoting: Confederate Soldier


They hardly have any dept, australia has x15 more.
Anonymous Coward
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05/18/2022 06:51 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
I hate cigars, but I will smoke one as the Kaaaazarian Mafia crumbles.
 Quoting: Anonymous Coward 83287341


clappa
Anonymous Coward
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05/18/2022 06:53 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
I hate cigars, but I will smoke one as the Kaaaazarian Mafia crumbles.
 Quoting: Anonymous Coward 83287341


Same here but i'll only take a hit.

Right now, Putin is King.
Anonymous Coward
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United Kingdom
05/18/2022 06:53 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
The spiritual and economical war going on

Has been won by Russia

Pray the west see this to

Because we will lose a kinetic war as well
 Quoting: hwy_ho1


Russia ain't won diddly.

83 days and they can't take a steel mill?

Sweet Jesus, their GDP is one half of the sate of California!

Lmao
 Quoting: Anonymous Coward 81921048


stop hating ! putin is winning :) and there is nothing you butt hurt idiots can do about it !
Anonymous Coward
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05/18/2022 06:55 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
This is a signal from Trump to Putin saying "Good Job"!
Anonymous Coward
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05/18/2022 07:02 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
[link to www.zerohedge.com (secure)]

The latest attempt at inflicting maximum punishment and pressure on Russia amid its grinding war in Ukraine has many scratching their heads, as the US is now set to block Moscow's ability to pay its sovereign debt - though ironically which Russia appears ready and willing to pay, if it weren't for the far reaching US-led sanctions imposed on its central financial institutions in the first place.

A key US Treasury waiver which provided an exemption for transactions involving Russia's finance ministry, central bank and national wealth fund in instances where US bondholders are paid is set to expire according to schedule on May 25, and the Biden administration is reportedly strongly mulling not renewing it.



A senior administration official said that while "It's under consideration" a final decision has yet to be reached. "We are looking at all options to increase pressure on (Russian President Vladimir) Putin."

Bloomberg reported Tuesday, however, that the US Treasury is going to let the waiver expire, citing people familiar with administration deliberations. That waiver previously issued by the Treasury Department's Office of Foreign Assets Control made exceptions for transacting with sanctioned Russian entities for the purposes of "the receipt of interest, dividend, or maturity payments in connection with debt or equity."

"The waiver, issued shortly after the US levied sanctions on Russia over its invasion of Ukraine in February, has given Moscow room to keep paying investors, helping it avert default on its government debt," Bloomberg points out.

And yet there's reportedly significant internal dissent against such a drastic plan as letting the waiver expire on fears that such a policy would only prove counterproductive to Washington interests. "Some Treasury officials had privately argued that allowing Russia to pay its debt would further drain its coffers and redirect resources that would otherwise be spent on weapons and military operations in Ukraine," the report says. "But the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow, the people said."

Western Creditors be damned😂😂 Russia will lose sovereign Rating but Creditors will lose real money.& Nation will continue to trade with Russia inspite of poor ratings as:
1.They know RUS has never ever defaulted on loan.They are blocked
2. World need RUS Energy & Raw material😂

— AKR (@AkashRa52423008)
 Quoting: WTF ? 74037682

Soooo, the united states is blocking other countries from receiving their income now?
JustmeTX

User ID: 80193276
United States
05/18/2022 07:03 AM

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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
US is determined to get nuked.

Let's hope Putin's rockets are accurate enough to just hit DC and not get any on the rest of us. :)
Justme
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05/18/2022 07:04 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Another limp dick move by diaper boy and his criminal backers.
Anonymous Coward
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05/18/2022 07:05 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
they didn't pay their debts, and that's why our money is worthless

they didn't sell us food and fertilizer, that's why your children are starving

they didn't sell us gas and oil, and that's why the lights are out

i see how they are going to play this game
 Quoting: Anonymous Coward 73830288


Do you get paid or do you lie for free?
Anonymous Coward
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Canada
05/18/2022 07:05 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
[link to www.zerohedge.com (secure)]

The latest attempt at inflicting maximum punishment and pressure on Russia amid its grinding war in Ukraine has many scratching their heads, as the US is now set to block Moscow's ability to pay its sovereign debt - though ironically which Russia appears ready and willing to pay, if it weren't for the far reaching US-led sanctions imposed on its central financial institutions in the first place.

A key US Treasury waiver which provided an exemption for transactions involving Russia's finance ministry, central bank and national wealth fund in instances where US bondholders are paid is set to expire according to schedule on May 25, and the Biden administration is reportedly strongly mulling not renewing it.



A senior administration official said that while "It's under consideration" a final decision has yet to be reached. "We are looking at all options to increase pressure on (Russian President Vladimir) Putin."

Bloomberg reported Tuesday, however, that the US Treasury is going to let the waiver expire, citing people familiar with administration deliberations. That waiver previously issued by the Treasury Department's Office of Foreign Assets Control made exceptions for transacting with sanctioned Russian entities for the purposes of "the receipt of interest, dividend, or maturity payments in connection with debt or equity."

"The waiver, issued shortly after the US levied sanctions on Russia over its invasion of Ukraine in February, has given Moscow room to keep paying investors, helping it avert default on its government debt," Bloomberg points out.

And yet there's reportedly significant internal dissent against such a drastic plan as letting the waiver expire on fears that such a policy would only prove counterproductive to Washington interests. "Some Treasury officials had privately argued that allowing Russia to pay its debt would further drain its coffers and redirect resources that would otherwise be spent on weapons and military operations in Ukraine," the report says. "But the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow, the people said."

Western Creditors be damned😂😂 Russia will lose sovereign Rating but Creditors will lose real money.& Nation will continue to trade with Russia inspite of poor ratings as:
1.They know RUS has never ever defaulted on loan.They are blocked
2. World need RUS Energy & Raw material😂

— AKR (@AkashRa52423008)
 Quoting: WTF ? 74037682

Soooo, the united states is blocking other countries from receiving their income now?
 Quoting: Anonymous Coward 79577447


Exactly.
Anonymous Coward
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United States
05/18/2022 07:50 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
We’ll show the pesky ruskies….your not allowed to pay your bills.
 Quoting: Anonymous Coward 79840622


You mean letting a country out of it's debts by forcing them to default isn't a good strategy? I'm shocked.
Nipples McGee

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United States
05/18/2022 08:04 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
But I thought Ukraine was beating back the cancer ridden Putin and his troops?

Why does NATO need to keep escalating if the media is telling the truth?
Nipples McGee
Anonymous Coward
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France
05/18/2022 08:13 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
I hate cigars, but I will smoke one as the Kaaaazarian Mafia crumbles.
 Quoting: Anonymous Coward 83287341


hesright
Anonymous Coward
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France
05/18/2022 08:16 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
The spiritual and economical war going on

Has been won by Russia

Pray the west see this to

Because we will lose a kinetic war as well
 Quoting: hwy_ho1


Russia ain't won diddly.

83 days and they can't take a steel mill?

Sweet Jesus, their GDP is one half of the sate of California!

Lmao
 Quoting: Anonymous Coward 81921048


Laughing at you, you fucking grocery clerk.

You stupid mf, eat shit and die. I hate your motherfucking guts, because I can.
Anonymous Coward
User ID: 49598504
United States
05/18/2022 08:18 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
[link to www.zerohedge.com (secure)]

The latest attempt at inflicting maximum punishment and pressure on Russia amid its grinding war in Ukraine has many scratching their heads, as the US is now set to block Moscow's ability to pay its sovereign debt - though ironically which Russia appears ready and willing to pay, if it weren't for the far reaching US-led sanctions imposed on its central financial institutions in the first place.

A key US Treasury waiver which provided an exemption for transactions involving Russia's finance ministry, central bank and national wealth fund in instances where US bondholders are paid is set to expire according to schedule on May 25, and the Biden administration is reportedly strongly mulling not renewing it.



A senior administration official said that while "It's under consideration" a final decision has yet to be reached. "We are looking at all options to increase pressure on (Russian President Vladimir) Putin."

Bloomberg reported Tuesday, however, that the US Treasury is going to let the waiver expire, citing people familiar with administration deliberations. That waiver previously issued by the Treasury Department's Office of Foreign Assets Control made exceptions for transacting with sanctioned Russian entities for the purposes of "the receipt of interest, dividend, or maturity payments in connection with debt or equity."

"The waiver, issued shortly after the US levied sanctions on Russia over its invasion of Ukraine in February, has given Moscow room to keep paying investors, helping it avert default on its government debt," Bloomberg points out.

And yet there's reportedly significant internal dissent against such a drastic plan as letting the waiver expire on fears that such a policy would only prove counterproductive to Washington interests. "Some Treasury officials had privately argued that allowing Russia to pay its debt would further drain its coffers and redirect resources that would otherwise be spent on weapons and military operations in Ukraine," the report says. "But the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow, the people said."

Western Creditors be damned😂😂 Russia will lose sovereign Rating but Creditors will lose real money.& Nation will continue to trade with Russia inspite of poor ratings as:
1.They know RUS has never ever defaulted on loan.They are blocked
2. World need RUS Energy & Raw material😂

— AKR (@AkashRa52423008)
 Quoting: WTF ? 74037682



It's just a matter of time. Sooner or later.

Russia is going down big-time.

Putin really F***** things up for their country.



battleflag
page8844
User ID: 73674283
United States
05/18/2022 08:23 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
The spiritual and economical war going on

Has been won by Russia

Pray the west see this to

Because we will lose a kinetic war as well
 Quoting: hwy_ho1


Russia ain't won diddly.

83 days and they can't take a steel mill?

Sweet Jesus, their GDP is one half of the sate of California!

Lmao
 Quoting: Anonymous Coward 81921048


And yet we asked them for a cease fire, fuck the USGov, and anybody supporting this shit.
Anonymous Coward
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United States
05/18/2022 08:26 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Anonymous Coward
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United States
05/18/2022 08:34 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Anonymous Coward
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Albania
05/18/2022 08:35 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
The spiritual and economical war going on

Has been won by Russia

Pray the west see this to

Because we will lose a kinetic war as well
 Quoting: hwy_ho1


Russia ain't won diddly.

83 days and they can't take a steel mill?

Sweet Jesus, their GDP is one half of the sate of California!

Lmao
 Quoting: Anonymous Coward 81921048


Whats their debt like.
What a mindless fool.
Anonymous Coward
User ID: 80066731
United States
05/18/2022 08:38 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Is it accepting payment is not "Russian"'default. It's usa neglect of its economic and legal obligations to its own countrymen.
Usa is ran by pedo*holes and illiterate idiots.
Anonymous Coward
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United Kingdom
05/18/2022 08:38 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Crush putin and russia inti submission.

That is what the strong do to the weak.
 Quoting: Anonymous Coward 71044291


This is why your country is going down the drain. Where the fuck are you from, the stone ages?
Anonymous Coward
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United States
05/18/2022 08:40 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
Biden goes to hell before Putin.

[link to www.zerohedge.com (secure)]

The latest attempt at inflicting maximum punishment and pressure on Russia amid its grinding war in Ukraine has many scratching their heads, as the US is now set to block Moscow's ability to pay its sovereign debt - though ironically which Russia appears ready and willing to pay, if it weren't for the far reaching US-led sanctions imposed on its central financial institutions in the first place.

A key US Treasury waiver which provided an exemption for transactions involving Russia's finance ministry, central bank and national wealth fund in instances where US bondholders are paid is set to expire according to schedule on May 25, and the Biden administration is reportedly strongly mulling not renewing it.



A senior administration official said that while "It's under consideration" a final decision has yet to be reached. "We are looking at all options to increase pressure on (Russian President Vladimir) Putin."

Bloomberg reported Tuesday, however, that the US Treasury is going to let the waiver expire, citing people familiar with administration deliberations. That waiver previously issued by the Treasury Department's Office of Foreign Assets Control made exceptions for transacting with sanctioned Russian entities for the purposes of "the receipt of interest, dividend, or maturity payments in connection with debt or equity."

"The waiver, issued shortly after the US levied sanctions on Russia over its invasion of Ukraine in February, has given Moscow room to keep paying investors, helping it avert default on its government debt," Bloomberg points out.

And yet there's reportedly significant internal dissent against such a drastic plan as letting the waiver expire on fears that such a policy would only prove counterproductive to Washington interests. "Some Treasury officials had privately argued that allowing Russia to pay its debt would further drain its coffers and redirect resources that would otherwise be spent on weapons and military operations in Ukraine," the report says. "But the administration has decided against extending the waiver as a way to maintain financial pressure on Moscow, the people said."

Western Creditors be damned😂😂 Russia will lose sovereign Rating but Creditors will lose real money.& Nation will continue to trade with Russia inspite of poor ratings as:
1.They know RUS has never ever defaulted on loan.They are blocked
2. World need RUS Energy & Raw material😂

— AKR (@AkashRa52423008)
 Quoting: WTF ? 74037682



It's just a matter of time. Sooner or later.

Russia is going down big-time.

Putin really F***** things up for their country.



battleflag
 Quoting: Anonymous Coward 49598504
Anonymous Coward
User ID: 32879605
Russia
05/18/2022 08:41 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
The spiritual and economical war going on

Has been won by Russia

Pray the west see this to

Because we will lose a kinetic war as well
 Quoting: hwy_ho1


Russia ain't won diddly.

83 days and they can't take a steel mill?

Sweet Jesus, their GDP is one half of the sate of California!

Lmao
 Quoting: Anonymous Coward 81921048


Don't you think it's 83 days that NATO can't beat a weak Russia that has a GDP of half a California?
Russia's previous war with Western fascism lasted 4+ years (1941-1945).
This is for your information - obviously you didn't go to school or serve in the Army.


_______________________

The man-made "default" of Russia, organized by the West, may become the cause of litigation. Russian Finance Minister Anton Siluanov said this in an interview with Izvestia.

"The Russian Federation has tried in good faith to pay off its foreign creditors by transferring appropriate amounts in foreign currency in payment of our debt. Nevertheless, the conscious policy of Western countries is to artificially create a man-made default by all means," the minister said.

According to him, all the actions of Western countries - the blocking of foreign currency accounts of Russia, obstacles in making payments that were intended to settle with bondholders - contribute to the fact that Russia could not pay its debts. "Nevertheless, even in such conditions, we paid the eurobond holders who are residents of the Russian Federation the payments due to them in rubles. We did the same with regard to payments on Eurobonds to foreign investors. We used the presidential decree and transferred ruble funds to a specially opened account in the Russian depository in the ruble equivalent," said the head of the Ministry of Finance.
He stressed that foreign holders of the Russian government debt have access to this money and can spend it, for example, on buying new securities of the Ministry of Finance, the tax calculations "and a number of other operations.

Foreign holders of securities will also be able to convert ruble funds into foreign currency, but the position of the Russian Finance Ministry is that "this can be done after the unfreezing of Russia's foreign currency accounts is ensured."

"If there is an economic and financial war against our country, we are forced to respond, nevertheless fulfilling all our obligations. If they won't let us do it in currency, we do it in rubles," he concluded.

According to Siluanov, Western countries, having banned the use of frozen funds of the Russian Federation to repay the country's obligations to foreign creditors, thereby punished their own investors.

To the question of "Izvestia" about the readiness of Russia to sue if the West refuses to consider the actions of the country as a timely repayment of debt and considers them as a default, the head of the Russian Finance Ministry replied in the affirmative.

"Of course, we will sue, because we have taken all necessary steps for investors to receive their payments," he said. - "We'll show the court our payment statements, confirming our efforts to pay in foreign currency and rubles.

He acknowledged that "it will not be an easy process." "The current crisis has shown that all the basic Western foundations based on democracy, inviolability of private property and other Western values are crumbling, so we are also questioning the objectivity of their judicial system," Siluanov explained.

Regarding payments on debts of the corporate sector, he noted that a commission has now been created on the issue of debt service of companies with the participation of representatives of the Bank of Russia, senior officials of the government and the presidential administration.

"The commission considers issues of payment of debts by our companies, mainly exporters. When we receive such appeals, and if we see that export earnings are preserved, that the products of these exporters are in demand in Western countries, that they are purchased, we usually recommend and allow the payment of corporate debts," said the minister.

"At the same time, we see that in this case, too, Western banks are guided by double standards when receiving payments for foreign eurobonds of companies, namely: they pay to external creditors in full, while money does not reach Russian holders of securities. This situation has developed over the past two weeks. In this case, we recommend that before paying foreign liabilities, we first pay our paperholders, and then send the rest of the money to foreign creditors to the clearing agencies of Western countries. There are certain nuances here, too, but it is a fair approach, when we first and foremost ensure the interests of our security holders," Siluanov said. [link to www.banki.ru (secure)]
________________


MOSCOW, May 17 - RIA Novosti. The EU has almost exhausted its options for imposing sanctions against Russia, developing a seventh package of anti-Russian measures will be extremely difficult, Euractiv portal reported, citing an unnamed European diplomat.
"If it's such a mess with Russian oil now, imagine what will happen with the proposal to ban gas ... (Developing) a seventh package of sanctions against Moscow will be extremely difficult ... we are already very close to running out of options. What will the seventh package include?" the source said after the meeting of the foreign ministers of the Russian Federation.
Anonymous Coward
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Russia
05/18/2022 08:43 AM
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Re: US Set To Block Russian Debt Payments, Pushing Moscow Closer To Historic Default Part of the "all options" pressure campaign...
PS


Anti-Russian sanctions are only effective on paper, Orban said
According to him, despite continued progress in negotiations with Hungary to override a veto on the EU proposal for an embargo on Russian oil, the atmosphere at the European ministers' meeting indicated that "we have even taken a step backward."
That said, according to the diplomat, an agreement between the European Commission and Budapest is highly likely after the European Union executive presents its plan for rejecting Russian energy resources on Wednesday.
"No one is interested in taking this issue to the level of an EU summit ... (Hungarian Prime Minister) Viktor Orban knows that there will be enormous pressure on him there, so he also wants to find a solution before then," he said. [link to ria.ru (secure)]

_________________________





GLP