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Welcome back to the Crux of Investing & Finance! This week is a very interesting topic, we take a look at how Russia is being forced into a technical default through its inability to pay interest on foreign currency bonds! But the interesting part...they are fully willing and able to pay the coupons, it is just not permitted with the extent of sanctions on Russian financial institutions. Listen now to learn how this is possible! Until Sunday...Jay
By InvestonomicsWelcome back to the Crux of Investing & Finance! This week is a very interesting topic, we take a look at how Russia is being forced into a technical default through its inability to pay interest on foreign currency bonds! But the interesting part...they are fully willing and able to pay the coupons, it is just not permitted with the extent of sanctions on Russian financial institutions. Listen now to learn how this is possible! Until Sunday...Jay