HomeTwitterThe Biden administration is set to fully block Russian bond payments to US investors in a move that could force Moscow into its first foreign default in a century.

May 18, 2022

The Biden administration is set to fully block Russian bond payments to US investors in a move that could force Moscow into its first foreign default in a century.

The Biden administration is set to fully block Russian bond payments to US investors in a move that could force Moscow into its first foreign default in a century.

Annmarie Hordern has the details on Bloomberg Television https://t.co/UEEq7LKL7A pic.twitter.com/BQpETDAHYD

— Bloomberg TV (@BloombergTV) May 18, 2022

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The Biden administration is set to fully block Russian bond payments to US investors in a move that could force Moscow into its first foreign default in a century.

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Target Corp. is on pace for its worst stock drop since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast.

US stocks extended declines in early trading as investors assessed the growth outlook amid monetary policy tightening and the impact on earnings from higher prices.

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