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Tag: Debt

Russia aims to avert historic debt default with last-ditch dollar bond payments

Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles.Mikhail Tereshchenko | Sputnik | via ReutersRussia looks to...

Need a business loan? Inflation leads Main Street into more debt

SAN FRANCISCO, CA - APRIL 28: Deanna Sison takes a break from preparing preordered lunches to check the status of her federal small business loan application at Little Skillet restaurant in San Francisco, Calif. on Tuesday, April 28, 2020. Most Covid financial relief...