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externalBBC: Russia's debt deadline approaches threathening default.

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June 26, 2022 4:18 amby The Kyiv Independent news desk

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
Author:  The Kyiv Independent news desk
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