Default in Russia/Channel 24 Collage
According to Bloomberg, Russia has defaulted on foreign currency sovereign debt due to sanctions.
Due to the default, there are certain consequences for companies that are Russian residents. Head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danilo Getmantsev told Channel 24 about this.
He explained that these residents influence the decrease in the value of shares of their parent companies.
Undoubtedly, these circumstances in general have a very negative impact on all companies that are still present in Russia. This process is relentless and companies will step out of Russia step by step,” Daniil Getmantsev explained.
“It's a matter of time. But we should not wait for some event, some date, indicating that the Russian economy is destroyed. This is a process. A long process. A difficult process,” Getmantsev said.
He added that in this process Ukraine is much more difficult than the aggressor. After all, it is on our territory that hostilities are being conducted, and not on the territory of Russia.
Latest news on Russia
- Russia purposefully steals Ukrainian grain in order to weaken the Ukrainian economy. By its actions, the Kremlin is creating a food crisis that could lead to starvation. Therefore, sanctions will be imposed against those responsible for the export of Ukrainian grain. The corresponding decision was made on the sidelines of the G7 summit in Germany.
- The head of the enemy defense ministry, Sergei Shoigu, never visited the command posts of the Russian armed forces in the Luhansk and Donetsk regions. All because of the commanders' fear of being destroyed by a missile strike by the Ukrainian Armed Forces.
- Ukrainian defenders destroyed another Russian major involved in the bombing with the Su-34. This is the pilot of the fighter-bomber of the enemy military space forces Ravil Gattarov.
- The Kremlin removed General Alexander Dvornikov from command of the war in Ukraine. A new Russian general has likely been appointed to take his place.
- On June 22, a US Senate committee voted to recognize Russia as a state sponsor of terrorism. Further, this decision must be approved by the Joe Biden administration.
