Money Talks

Russia defaults on foreign debt for the first time since 1917

Russia has defaulted on its foreign debt for the first time since the 1917 revolution, according to reports. The country missed a deadline of Sunday night to meet a 30-day grace period on interest payments of $100M on two Eurobonds originally due on May 27. Some Taiwanese holders of Russian Eurobonds said on Monday that they had not received interest payments due. That's after Russia's attempts to pay in its ruble currency were blocked by international sanctions. David Madden is a market analyst at Equiti Capital and he joined us in London. #RussiaAttacksUkraine #RussianRuble #RussiaDefaults

G7 Summit: Hundreds of protesters march in Quebec City

G7 Summit: Hundreds of protesters march in Quebec City

G7 Summit: Trump retracks endorsement of joint statement

G7 Summit: Trump retracks endorsement of joint statement

African foreign debt burden up to 16-year high | Money Talks

African foreign debt burden up to 16-year high | Money Talks

G7 Summit: US isolated on trade and Russia as leaders meet

G7 Summit: US isolated on trade and Russia as leaders meet

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Market Movers: Sharing economy, e-commerce earnings

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India's 5G spectrum auction attracts $19B in bids

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OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

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Oil prices extend losses on demand worries

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Oil companies' profits have nearly doubled compared to last year

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China imposes economic curbs on Taiwan over Pelosi visit

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Asian markets fall sharply ahead of Nancy Pelosi's visit to Taiwan

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China's manufacturing output growth slower than expected in July

Lufthansa's ground staff on strike, demand pay raise

Lufthansa's ground staff on strike, demand pay raise

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Weak consumer spending hit tech earnings

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