Bloomberg: Putin has three years to avoid 42 billion dollar trap

“To understand the state of Russian finances, look to places like Chukotka, a territory separated from Alaska by a narrow strait,” writes Bloomberg. The local government has fallen into debt equivalent to 144% of its income, the largest in Russia, according to...

Putin considers US foreign debt a serious problem.

The large external debt of the United States is a serious problem for the entire world economy. This was stated by Russian President Vladimir Putin at a press conference following the SCO and BRICS summits in Ufa. “In this sense, the BRICS countries are no exception,” the head of state said. Putin ...

Lukashenka asked Putin for another 3 billion dollars in debt

Belarus has asked Russia to provide it with a $ 3 billion loan, Russian Finance Minister Anton Siluanov told reporters. According to him, the issue will be considered taking into account the fulfillment of the terms of the program for previous Russian loans. He also said that today ...

Russian woman changed her gender in order not to pay debts to the state

A resident of the Astrakhan region, who changed her sex and got married to avoid paying the debt to the state, was found by the bailiffs and has already partially paid off the debt. In 2014, a court sentenced a 40-year-old Astrakhan woman to a 70 rubles ($ 1) fine for violence against a government official. The debtor did not fulfill the obligation, at the place of registration ...

The New York Times: Looking to Greece, Ukraine is in a hurry to reduce its debt

“No one knows how the endless conflict between Athens and the European leaders who control its spending will turn out. But in Kyiv, another European capital caught in the grip of debt negotiations, one thing is clear: the Ukrainian government does not want to end up like Greece - with years of wrangling with...

Tomorrow Greece will default

Greece will not pay 1,54 billion euros to the International Monetary Fund on June 30, which will lead to the country's default, writes The Wall Street Journal, citing a source in the Greek government. Note that Athens could have announced a default today if it had not paid a tranche in the amount of ...

Russian science closes access to foreign scientific publications because of debt

Springer publishes access to scientific publications for Russian scientists and research institutes because of the debt of the Russian government for subscriptions. The amount of debt is 890 thousand euros. According to the head of the Springer representative office in Russia and the CIS countries Matthias Eicher, access is closed from 12 ...

The Guardian: The West in vain writes off debts to Ukraine

They say the road to hell is paved with good intentions. Probably, the same can be said about the attitude of the West towards Ukraine. On March 11, the International Monetary Fund announced that Kiev will receive a $ 40 billion financial assistance package, which will consist of 17,5 ...

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