Russia facing insolvency: Putin threatens financial collapse!

It’s the week of truth for Vladimir Putin (69). Not because of the aggressive war in Ukraine, which he recently relocated mainly to the east of the country. It’s about the solvency of the country. Russia is threatened with financial collapse!

The countdown is on, because two interest payments on government bonds fell due last Friday. Russia should have transferred 71 million dollars and 29 million euros. But the money has not yet landed in the accounts of the investors. A 30-day grace period is in effect. If Russia does not pay, the default is official.

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