Russia heading for massive debt default
Read Full Article here… alltop.com
Russia is heading for a massive debt default as a $100m payment looms . Meanwhile, Putin has dismissed the West’s sanctions as “stupid.” Canada has imposed more sanctions on Russian oil, gas, and chemical industries . Microsoft is scaling down operations in Russia. Marriott has suspended operations in Russia entirely , saying that the sanctions make it too hard to operate. Starbucks is also closing 130 locations across Russia , joining other major corporations including McDonald and the German industrial giant Siemens. The Russian finance […]