Uncategorized

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

0 min read

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.

Avatar
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.

Read more
News Feed
Video

The Kyiv Independent’s Chris York speaks with former U.S. National Security Advisor John Bolton about U.S. President Donald Trump’s failure to bring peace to Ukraine — and his next steps on Russia's war.

Show More