Borrell, the EU's top diplomat, warned on Tuesday that the EU's sixth round of sanctions will widen the list of Russian banks that will be cut off from the SWIFT system. At the upcoming meeting of the EU Foreign Affairs Council, the EU may approve a sixth set of sanctions on Russia.
Russia may have gone bankrupt as it made dollar-denominated bond payments, According to Reuters, “Russia has reportedly made payments on two bonds maturing in 2022 and 2042 in rubles instead of US dollars, which is a change in the terms of payment compared to the original bond contracts and can therefore be considered “how it...