Tag: Credit and Debt

U.S. blocks Russia’s access to dollars for bond payments, heightening risk of default.

The U.S. Treasury tightened its restrictions on Russian financial transactions on Monday, when more than half a billion dollars in bond payments were due.

Sri Lanka Economy Has ‘Hit Rock Bottom,’ Putting Pressure on President

A debt crisis is disrupting life across Sri Lanka, where food and fuel are suddenly either unavailable or exorbitantly priced. Protests are rising against a president with a reputation for brutality.

Pakistan’s Cricket-Star-Turned-Prime Minister Fights for Survival

Soaring inflation and a rift with the military threaten Imran Khan’s tenure as prime minister. He has dismissed criticism as a foreign conspiracy.