What it means for Russia to default on its debt

Russia is barreling toward a default on its foreign debt payments, threatening to plunge its economy deeper into crisis.

News: What you need to know about the markets     What it means for Russia to default on its debt Russia is barreling toward a default on its foreign debt payments, threatening to plunge its economy deeper into crisis. Read more »   Koch Industries: Here's why we're staying in Russia Koch Industries, the conglomerate run by billionaire Charles Koch, is planning to stay in Russia even as hundreds of Western companies have scaled back operations there following the invasion of Ukraine. Read more »   Warren Buffett's Berkshire Hathaway is making a huge bet on this oil company The Oracle of Omaha is making an even bigger bet on a major oil company as crude prices continue to surge. Read more »   Oil spikes back above $100 as Russia fears grow Oil prices surged Thursday back above $100 a barrel on renewed concerns about the war in Ukraine disrupting Russia's energy supplies. Read more »   The broken nickel market is a warning to Wall Street After a week-long pause, investors can trade nickel again on the London Metal Exchange. But the market remains extremely glitchy and volatile, in a sign of how Russia's war in Ukraine continues to rattle the global financial system in unexpected ways. Read more »   Russia says it made a payment to avoid default. It still might Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to investors, attempting to avoid its first international default in more than a century. But it's not out of the woods yet. Read more »

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