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S&P cuts Russia's foreign currency rating to 'selective default.'

by The Kyiv Independent news desk April 9, 2022 11:51 AM 1 min read
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The rating agency said on April 9 that Russia was unlikely to honor its obligations to foreign bondholders. Earlier in April Russia made Eurobond payments in rubles instead of dollars, and S&P believes bondholders are unlikely to convert them into dollars.

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10:05 AM

6 killed, 49 injured in Russian attacks against Ukraine over past day.

Russian forces launched 58 Shahed-type attack drones and decoys against Ukraine overnight, targeting mainly the Donetsk, Dnipropetrovsk, and Zaporizhzhia oblasts, the Air Force said. Ukrainian defenses shot down 12 drones, while 18 disappeared from radars or were intercepted by electronic warfare systems, according to the statement.
6:52 PM  (Updated: )

Zelensky arrives at G7 summit hours after Trump departs.

Zelensky was expected to meet U.S. President Donald Trump at the summit. However, it is not clear if the meeting will take place because Trump left the summit early due to escalating tensions in the Middle East.
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