
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
-
Indo-Pacific Security / Energy, Economics & Security
Trump Unfriends Modi's India: Trump Frothing, India CalmFrom tariffs to tantrums-Trump's latest anti-India tirade stirs global concern. As Washington watches in disbelief, Shiv Aroor discusses what this "break-up" means for India-U...
By Daniel Silverberg
-
Indo-Pacific Security / Energy, Economics & Security / Technology & National Security
Selling AI Chips Won’t Keep China Hooked on U.S. TechnologyU.S. policy should not rest on the illusion that selling chips can trap China inside the American tech ecosystem....
By Janet Egan
-
Energy, Economics & Security / Technology & National Security
What the U.S.-EU $40 Billion Chip Deal MeansThe U.S.-EU framework exemplifies a recurring challenge in modern trade diplomacy: the tension between political symbolism and operational substance....
By Pablo Chavez
-
Transatlantic Security / Energy, Economics & Security
LISTEN: Why It’s So Hard to Go After Russia’s Oil RevenueEmily Kilcrease, senior fellow and director of the Energy, Economics, and Security Program at the Center for a New American Security, joins the show to talk about secondary ta...
By Emily Kilcrease