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BBC: Russia's debt deadline approaches threathening default.

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Russia is on the verge of debt default - the first one since 1998 - if the country fails a June 26 deadline to make its $100 million interest payment. Although BBC reports that Russia has the funds and is willing to pay, it cannot transfer the money to international creditors due to sanctions.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The overnight drone attack comes shortly after U.S. President Donald Trump threatened to impose new tariffs on Russia within 10 days unless the Kremlin agrees to halt its full-scale war against Ukraine.

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