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Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars owed to foreigners. That prospect recalls memories of a 1998 ...

Unless the United States Congress raises the so-called “Debt Ceiling,” the US Treasury will run out of money and may default on its debts. This could happen as soon as June 1st. Republicans in ...

Russia-Ukraine What would a Russian bond default mean? Here’s what to know. The head of the International Monetary Fund has said a Russian default is no longer an “improbable event.” International ...

FILE - International Monetary Fund President Kristalina Georgieva waves as she arrives for a meeting of G20 finance and health ministers at the Salone delle Fontane (Hall of Fountains) in Rome, Oct.