Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

WinstonSmith4740

(3,416 posts) Tue Mar 22, 2022, 12:42 PM Mar 2022

Just wondering...

Last week I read here and in a couple of other places that Russia would be defaulting on loans, and would have to deal with all of the fallout on that. Anyone have any idea what's going on with that?

2 replies

= new reply since forum marked as read

Highlight:

Just wondering... (Original Post) WinstonSmith4740 Mar 2022 OP

They paid it out of frozen reserves. calguy Mar 2022 #1

The US allowed the payments to proceed through their frozen assets SoonerPride Mar 2022 #2

calguy

(6,070 posts)

1. They paid it out of frozen reserves.

Reply to WinstonSmith4740 (Original post)

Tue Mar 22, 2022, 01:12 PM

Mar 2022

SoonerPride

(12,286 posts)

2. The US allowed the payments to proceed through their frozen assets

Reply to WinstonSmith4740 (Original post)

Tue Mar 22, 2022, 01:15 PM

Mar 2022

Which seems like the assets aren't frozen after all.

But that's what happened.

Reply to this discussion