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Door Dorinde Meuzelaar
in FINANCIAL
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Russia may be a pariah on the international capital market for years to come.
Ⓒ Foto Bloomberg
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Amsterdam – Russia is one step closer to bankruptcy. The country has failed to meet payment terms on two bonds. If the country does not do this before May 4, Russia will be considered a defaulter. This makes the country even more financially isolated, and the consequences can be felt for years.
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