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Morgan Stanley predicts Venezuela-style default in Russia by mid-spring.

by The Kyiv Independent news desk March 8, 2022 12:31 AM 1 min read
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The New York-based investment firm’s Vice President Simon Waever sees default possible as soon as April 15. Investors have already valued the country's next year's bonds at about 29 cents on the US dollar, the lowest figure in history according to data collected by Bloomberg.

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Sweden unveils new aid package for Ukraine worth over $9 million.

Sweden will provide Ukraine with a new aid package valued at nine million euros ($9.8 million), which includes two vessels designed to enhance maritime security. The country will also supply 40,000 protective masks and respirators to Ukraine's Emergency Service personnel.
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