Russia accuses Western countries of trying to provoke an artificial default with economic sanctions that freeze their assets abroad, a situation that is reviving the humiliating memory of 1998, when I ...
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Sikakrom with Gideon Donkor: Fragile stability: Lessons from Russia’s 1998 financial crisis
People say you never forget your first major experience. The first financial crisis I encountered in my professional life was the 1998 Russian debt default, which subsequently led to the bailout of ...
Today, Russia appears to be on the verge of an economic collapse without parallel in its post-World War II history. The United States and European Union’s decision to sanction Russia’s central bank on ...
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