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
-
Video
Defense / Energy, Economics & Security / Technology & National Security
The Outlook CEO Perspectives on Risk, Resilience and ReturnsJoin David Schwimmer and Richard Fontaine, CEO of the Center for New American Security, as they explore the current national security landscape and its impacts on global econo...
By Richard Fontaine
-
What's an Economic Security Agreement and Why Does the U.S. Need Them? With Peter Harrell
Podcast
Derisky Business is returning for season 2! After a brief hiatus in which obviously nothing (nothing!) notable happened in the world of trade and economic security, Emily and ...
By Geoffrey Gertz & Emily Kilcrease
-
U.S.-China Trade Talks Return to ‘Fragile Ceasefire’ – Former China Director
Video
The United States and China say they've reached a "framework agreement" to avoid another 100% US tariff on Chinese goods. Officials have even been hinting of a trade breakthro...
By Liza Tobin
-
How to Choke Your Enemy: Why America Turned the World Economy into Its Weapon of Global Domination
Podcast
Edward Fishman, adjunct senior fellow at CNAS, joined host Andrew Keen to discuss how America has turned the world economy into its weapon of global domination. In his bestsel...
By Edward Fishman
