April 20, 2022
Russia tips into default...or does it?
The United States and its partners have put a ton of economic pressure on Russia through sanctions that have essentially locked its economy from participating in many global markets. Because a large share of Russia's assets are frozen in foreign banks around the world, it's all the more likely that Russia will experience its first foreign debt default since 1918.
Elina Ribakova joins NPR's The Indicator from Planet Money to explore the contributing factors behind Russia's possible debt default, what its creditors can do, and why the possibility of default might not be as clear-cut as expected.
Listen to the full interview from NPR.
More from CNAS
-
Commentary
Transatlantic Security / Energy, Economics & Security
Want to Stop Trump Bullying Your Country? RetaliateThis article was originally published in The Guardian. In February of last year, Donald Trump convened the first full cabinet meeting of his second term in the White House. He...
By Edward Fishman
-
Unpacking the Trump Administration’s Plans for Venezuela’s Oil Revenue
Commentary
This article was originally published in Lawfare. Since removing Venezuelan dictator Nicolás Maduro from power, President Trump has made clear that he intends to “get the oil...
By Alex Zerden
-
Sanctions by the Numbers: 2025 Year in Review
Reports
This installment of Sanctions by the Numbers examines the United States’ use of financial sanctions and entity-based export controls...
By Eleanor Hume & Kyle Rutter
-
Trump's Davos Speech
Video
Edward Fishman, CNAS adjunct senior fellow, joined the Canadian Broadcasting Corporation to discuss the Davos forum, and President Trump's claims that only the U.S. can protec...
By Edward Fishman
