#Russia once again avoids bond default with 7M payment

#Russia once again avoids bond default with $447M payment

“Russia once again avoids bond default with $447M payment” Russia once again avoided a default on its foreign debt as the Kremlin transferred a $447 million bond payment. The payment was processed by JPMorgan, which is Russia’s foreign correspondent bank. It was then transferred to the admin agent, which in this instance is BNY Mellon,…

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#Big Pharma won’t pull out of Russia despite Ukraine war

#Big Pharma won’t pull out of Russia despite Ukraine war

“Big Pharma won’t pull out of Russia despite Ukraine war” The biggest pharmaceutical companies in the world have failed to cut ties with Russia even as multinational corporations in other sectors have halted operations there to protest the invasion of Ukraine. Drug makers and manufacturers of medical devices claim they have an obligation to continue…

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