Ukraine Debt

Deep disagreements on Russia's war in Ukraine, the phasing out of fossil fuels and debt restructuring will make any agreements at the end of the two-day meeting difficult to come by.

The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into poverty since 2020, the United Nations said Thursday, calling for a pause in debt repayments for developing countries.

Finance leaders of the world's biggest economies were entangled in differences on Saturday over the war in Ukraine and on resolving the debt burden of distressed developing nations, participants said.

G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia's invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global slowdown.

External Affairs minister S Jaishankar feels that the Ukraine conflict has dramatically widened the scope of political leveraging as trade, debt and tourism are being weaponised and used as pressure points.

Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday.

Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday.

With the war in Ukraine dragging on and risk seeing the same economic crisis as Sri Lanka, the UN said on Thursday as it advised the international community to introduce radical financial measures to help countries saddled with debt.

Germany's finance minister today ruled out any joint EU borrowing to help cover the massive cost of rebuilding war-scarred Ukraine, after the idea was floated by top European officials.

The United States will likely end an exemption allowing Moscow to pay its foreign debts with dollars held in Russia, the US treasury secretary said Wednesday, a move that could push Vladimir Putin's country into default.

Russia could face its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even though the payment was due in U.S. dollars.

Russia said Wednesday it had made foreign debt payments on dollar-denominated bonds in rubles

Global stocks gained on Friday after Russia made coupon payments due on two of its sovereign bonds in dollars this week, even as Western sanctions have pushed Russian financial dealings into the doldrums.

he government in Kyiv continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the IMF said Monday.

The Russian rouble collapsed to $117, bringing back memories of a similar scale of slumps in the currency when Russia defaulted on its debt in 1998.

Deep disagreements on Russia's war in Ukraine, the phasing out of fossil fuels and debt restructuring will make any agreements at the end of the two-day meeting difficult to come by.

The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into poverty since 2020, the United Nations said Thursday, calling for a pause in debt repayments for developing countries.

Finance leaders of the world's biggest economies were entangled in differences on Saturday over the war in Ukraine and on resolving the debt burden of distressed developing nations, participants said.

G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia's invasion of Ukraine to discuss rising debt troubles among developing countries, the regulation of cryptocurrencies and the global slowdown.

External Affairs minister S Jaishankar feels that the Ukraine conflict has dramatically widened the scope of political leveraging as trade, debt and tourism are being weaponised and used as pressure points.

Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday.

Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday.

With the war in Ukraine dragging on and risk seeing the same economic crisis as Sri Lanka, the UN said on Thursday as it advised the international community to introduce radical financial measures to help countries saddled with debt.

Germany's finance minister today ruled out any joint EU borrowing to help cover the massive cost of rebuilding war-scarred Ukraine, after the idea was floated by top European officials.

The United States will likely end an exemption allowing Moscow to pay its foreign debts with dollars held in Russia, the US treasury secretary said Wednesday, a move that could push Vladimir Putin's country into default.

Russia could face its first sovereign external default in over a century after it made arrangements to make an international bond repayment in roubles earlier this week, even though the payment was due in U.S. dollars.

Russia said Wednesday it had made foreign debt payments on dollar-denominated bonds in rubles

Global stocks gained on Friday after Russia made coupon payments due on two of its sovereign bonds in dollars this week, even as Western sanctions have pushed Russian financial dealings into the doldrums.

he government in Kyiv continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the IMF said Monday.

The Russian rouble collapsed to $117, bringing back memories of a similar scale of slumps in the currency when Russia defaulted on its debt in 1998.