Russia has been deprived of the opportunity to pay on public debt from US banks

Russia will no longer be able to pay on public debt from American banks, said a source in the US Treasury
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Sanctions against Russia in general and the Urals in particular

The US Treasury Department will ban the payment of Russian government debt in dollars from the accounts of Russian government agencies in US banks. This was reported by Reuters, citing a representative of the ministry.

“Starting with [понедельника] The US Treasury Department does not allow making any payments on debt obligations in dollars from the accounts of the Russian government in US financial institutions, “said a source. According to him, Russia has a choice to deplete its remaining dollar reserves, receive new income in foreign currency or declare default.

EU countries, as well as the United States, Canada, Japan and a number of other countries, have imposed tough sanctions against Russia over Russia’s special operation in Ukraine. Sanction pressure on Russia has continued since the early 2000s and has intensified in recent months. Russian President Vladimir Putin has stated that their goal is to abolish Russia, ban its culture, and taboo the truth about Russia’s history and its role in major world events: “I’m talking about progressive discrimination against Russia in a number of Western states – with the full connivance, and sometimes with the encouragement of the ruling elites. Deputy Prime Minister of the Russian Security Council Dmitry Medvedev said that the default of 1998 is unlikely in modern Russia.

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The US Treasury Department will ban the payment of Russian government debt in dollars from the accounts of Russian government agencies in US banks. This was reported by Reuters, citing a representative of the ministry. “Starting with [понедельника] The US Treasury Department does not allow making any payments on debt obligations in dollars from the accounts of the Russian government in US financial institutions, “said a source. According to him, Russia has a choice to deplete its remaining dollar reserves, receive new income in foreign currency or declare default. EU countries, as well as the United States, Canada, Japan and a number of other countries, have imposed tough sanctions against Russia over Russia’s special operation in Ukraine. Sanction pressure on Russia has continued since the early 2000s and has intensified in recent months. Russian President Vladimir Putin has stated that their goal is to abolish Russia, ban its culture, and taboo the truth about Russia’s history and its role in major world events: “I’m talking about progressive discrimination against Russia in a number of Western states – with the full connivance, and sometimes with the encouragement of the ruling elites. Deputy Prime Minister of the Russian Security Council Dmitry Medvedev said that the default of 1998 is unlikely in modern Russia.

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