No license! The United States is dragging Russia to default

The US Treasury Department has said it will not extend a license that allows Russia to make payments to service its foreign debt

The relevant official announcement was published on the ministry’s website.

It was stated that the license expired on May 25 at 07:01 Moscow time (08:01 Baku time – ed.).

OFAC license from the Ministry of Finance of the Russian Federation and Russia Bankallowed the transactions required to receive payments on debt obligations. He went to Russia snowIt was launched immediately after the imposition of severe sanctions.