default

Business

Chinese property development giant Country Garden nears default

Country Garden, one of China’s largest property groups, warned on Tuesday that it would “not be able to meet all of its offshore payment obligations."

10/10/2023

Russia

Fears of Russian debt default for first time since 1917 revolution

Moscow has reportedly missed a Sunday night deadline to pay interest payments, further alienating the country from the global financial system.

27/06/2022

Europe Decoded

Russia claims it has made first debt payment and avoided a default

There were fears that Moscow would default on its bond payments after having its assets frozen due to the invasion of Ukraine.

17/03/2022