Russia defaults on its foreign debt for first time since 1918
Russia defaulted on its foreign debt obligations for the first time since 1918 on Monday, according to Moody’s.
"On 27 June, holders of Russia's sovereign debt had not received coupon payments on two eurobonds worth $100 million by the time the 30-calendar-day grace period expired, which we consider an event of default under our definition," the statement said.
In May, the United States let lapse its license to pay bondholders which allowed Russia to service its foreign debt. Last week, Russia for the first time used a new mechanism to pay its Eurobond coupon in rubles. Finance Minister Anton Siluanov said this was in no way a default. According to Siluanov, the United States and the European Union are cooking up fictitious obstacles to servicing Russia's foreign debt in order to "put the 'default' label on it.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
Newsfeed
17:30
Expert blasts My Step Foundation's 'unacceptable' response to Panorama.am
Shushan Doydoyan, President of the Freedom of Information Center of Armenia (FOICA), has denounced the My Step Charitable Foundation’s...
Source Panorama.am
16:30
US avoids government shutdown with last-minute funding bill
The US Senate has voted to pass a budget deal to avert what would be the first federal government shutdown since 2019, only hours after the...
Source Panorama.am
16:01
Barack Obama's top 10 movies of 2024 includes ‘Anora' starring Armenian actors
Barack Obama has shared his favorite movies of the year, continuing what has become an annual list-making tradition from the former...
Source Panorama.am
15:36
None of Baku's demands meets strong opposition from Pashinyan's government, MP says
Prime Minister Nikol Pashinyan’s government does not strongly oppose any of the demands listed by Azerbaijani President Ilham Aliyev for a...
Source Panorama.am
15:00
WhatsApp wins legal case against Pegasus spyware maker
WhatsApp has prevailed against Israeli spyware maker NSO Group in a US lawsuit over NSO’s abuse of the messaging app to enable the...
Source Panorama.am
14:34
Armenian woman named Female Business Leader of the Year
Amalya Yeghoyan, Executive Director of the Gyumri Information Technologies Center (GITC), has been named the Female Business Leader of the...
Source Panorama.am
14:01
Saturday is the winter solstice and 2024's shortest day
The 2024 winter solstice, the shortest day of the year, happens on Saturday, Dec. 21, in the Northern Hemisphere. The celestial event signifies...
Source Panorama.am
13:36
Light snow expected in parts of Armenia
Dry weather is expected in Armenia’s regions on Saturday, Monday and later next week.
Light snow is forecast for some parts of the...
Source Panorama.am
13:06
'A new level of cynicism': UJA slams My Step Foundation's response to Panorama.am
The Union of Journalists of Armenia (UJA) on Friday issued a statement denouncing the My Step Foundation’s inappropriate response to...
Source Panorama.am
12:30
Turkish FM calls for fair approach in promoting Armenia-Azerbaijan peace process
Foreign Minister Hakan Fidan held a meeting with German Foreign Minister Annalena Baerbock in Ankara on Friday.
They discussed, among other...
Source Panorama.am
12:05
Ruben Vardanyan held in 'complete isolation' in Baku prison, his son says
David Vardanyan, the son of former Artsakh State Minister Ruben Vardanyan, has revealed that his father is being held in “complete...
Source Panorama.am
11:31
Pashinyan extends birthday greetings to Macron
Armenian Prime Minister Nikol Pashinyan sent a congratulatory message to French President Emmanuel Macron on his birthday. Below...
Source Panorama.am
11:17
Armenian church commemorates St Abgar
The Armenian Apostolic Church on Saturday commemorates St Apkar (Abgar), a martyr of the church and our first Christian King....
Source Panorama.am
11:05
Magnitude 4.5 earthquake hits Artsakh, felt in Armenia
A magnitude 4.5 earthquake struck Artsakh (Nagorno-Karabakh) last night.
The quake occurred 30 km south of the town of Karvachar (Kelbajar)...
Source Panorama.am
17:06
Armenia-Azerbaijan peace efforts remain 'an area of vital importance' to Biden administration – State Dept.
The Biden administration will continue working on the normalization of Armenian-Azerbaijani relations until the last day in office, State...
Source Panorama.am
16:39
Artur Vanetsyan issues message on National Security Officer's Day
Major-General Artur Vanetsyan, the former director of Armenia's National Security Service, issued a congratulatory message on the National...
Source Panorama.am
16:13
Archbishop Bagrat Galstanyan to address people live on Saturday
Archbishop Bagrat Galstanyan, the leader of the Holy Struggle movement, will address the people in a Facebook live on Saturday.
“We...
Source Panorama.am
15:36
MP Hovik Aghazaryan's wife dies
The wife of former Civil Contract faction MP Hovik Aghazaryan passed away last night.
The lawmaker confirmed the news to Tert.am....
Source Panorama.am
15:07
Panorama.am calls attention to My Step Foundation's inadequate response to request for information
The costs of the Italy trip of Armenian Prime Minister Nikol Pashinyan’s wife, Anna Hakobyan, have been kept strictly secret. Moreover,...
Source Panorama.am
14:05
Dry weather expected in Armenia today
Dry weather is expected in Armenia’s regions on Friday and Saturday.
Light snow is forecast for some parts of the country...
Source Panorama.am
13:36
US House resolution seeks to protect religious and ethnic minorities in Syria
Representative Gregory W. Meeks (D-NY-05), Ranking Member of the House Foreign Affairs Committee, and Senator Ben Cardin (D-MD), Chairman of the...
Source Panorama.am
13:00
Yerevan mayor sues three media outlets in one week
Yerevan Mayor Tigran Avinyan has filed defamation lawsuits against three media outlets in one week.
According to the data on DataLex seen by...
Source Panorama.am
12:30
Armenian deputy PM off to Moscow
Moscow will host the 23rd meeting of the Armenia-Russia Intergovernmental Commission on Economic Cooperation on Friday.
A...
Source Panorama.am
12:00
MP Taguhi Tovmasyan seeks probe over Taron Chakhoyan's statements
Nonpartisan MP Taguhi Tovmasyan has asked Armenian Prime Minister Nikol Pashinyan to order a probe into the “false allegations” made...
Source Panorama.am
11:30
AN-2 plane missing in Russia's Kamchatka
An AN-2 aircraft operated by Fair Avia has gone missing over Russia's Kamchatka Peninsula, Xinhua reported on Thursday, citing local...
Source Panorama.am
11:24
Drivers in Armenia given black ice warning
The Rescue Service has warned drivers about a closed road and difficult driving conditions in Armenia on Friday morning.
In particular,...
Source Panorama.am
11:13
Mirzoyan: Armenia, Turkey agreed to jointly assess tech requirements for railway border crossing
Ararat Mirzoyan, Armenia's Foreign Minister and the Organization of the Black Sea Economic Cooperation (BSEC) Chair-in-Office,...
Source Panorama.am
17:00
Armenia retain 100th spot in FIFA rankings
The latest FIFA men's world rankings are out.
Armenia have retained the 100th spot in the FIFA rankings, the FFA reported....
Source Panorama.am
16:36
ARF leader reacts to Aliyev's demands to Armenia
Ishkhan Saghatelyan, a member of the Armenian Revolutionary Federation (ARF) Armenia Supreme Council and an opposition Hayastan faction MP,...
Source Panorama.am
16:00
Julieta Azaryan named new Civil Contract MP
Julieta Azaryan has been named a new lawmaker representing Armenia’s ruling Civil Contract faction.
The Central Electoral Commission...
Source Panorama.am
Videos
17:32 20/02/2023
Artur Vanetsyan: I think you'll see me more often at various events in future
17:35 20/02/2023
Armenian expert: U.S. stance on Karabakh remains unchanged
13:59 09/02/2023
Premature births increase in Artsakh due to stress
12:43 09/01/2023
Snow-covered Yerevan
15:41 15/12/2022
Gegham Stepanyan calls for sanctions against criminal Azerbaijan
11:45 29/11/2022
Memorial plaque honoring Yeghishe Charents inaugurated in Yerevan
