Russia set for Venezuela-style debt default, says Morgan Stanley

March 08, 2022 8:44 AM

NEW YORK (BLOOMBERG) – The odds of Russia making its foreign debt payments are diminishing as bond prices fall, recession in the nation looms and various payment restrictions pile up after the invasion of Ukraine, according to Morgan Stanley & Co.

Source : https://www.straitstimes.com/business/economy/russia-set-for-venezuela-style-debt-default-says-morgan-stanley