Given the damage already done to the economy and markets, the default is mostly symbolic for now.
russia
Russian missile strike hits crowded shopping mall, Ukraine reports
Ukrainian President Volodymyr Zelensky said in a Telegram post that the number of potential victims was ‘unimaginable.’
Idexx closing subsidiary, ending business in Russia
The $3.2 billion veterinary medicine powerhouse kept operations going in Russia for four months after the invasion of Ukraine.
‘It’s just hell there’: Russia still pounds eastern Ukraine
A Ukrainian deputy defense minister says the Kremlin had ordered the Russian military to overrun the entire Luhansk region by next Sunday.
Biden says U.S. will send $1 billion more in aid to Ukraine
The aid includes anti-ship missile launchers, howitzers, and more rounds for the High Mobility Artillery Rocket Systems that U.S. forces are training Ukrainian troops on now.
Three foreigners who fought for Ukraine sentenced to death
A court in the self-proclaimed Donetsk People’s Republic found the men guilty of working toward a violent overthrow of power, an offense punishable by death in the unrecognized eastern republic.
More Western countries pledge to send weapons to Ukraine as Russia closes in on key city
Western arms have been critical to Ukraine’s success in stymieing Russia’s much larger and better-equipped military.
Clinton campaign lawyer acquitted of lying to the FBI about Trump, Russia ties
The case was the first courtroom test of special counsel John Durham since his appointment 3 years ago to search for government misconduct during the investigation into potential ties between Russia and Trump’s 2016 campaign.
Russia slams sanctions, seeks to blame West for food crisis
Ukraine is one of the world’s largest exporters of wheat, corn and sunflower oil, but the war has prevented their export, endangering the world food supply.
Russia says it will pay foreign debt in rubles after U.S. ban
The move is likely to be seen by foreign investors as a default.