'Our sanctions are working' Putin's economy crumbles as Liz Truss hails British power

LIZ TRUSS has claimed sanctions against Russia 'are working' as Vladimir Putin's economy crumbles.

S&P said in a note on Friday that Russia attempted to pay in Rubles for two dollar-denominated bonds.This is likely to be a selective default, according to the agency, as investors are unlikely to be able to convert the Rubles into “dollars equivalent to the originally due amounts”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Daily Express /  🏆 26. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Putin adviser says war would stop 'in a month' with energy embargoDr Andrei Illarionov said the Kremlin 'did not take seriously' Europe's threats to reduce energy usage while continuing to buy Russian oil and gas.
Read more »

Ex-Putin adviser says war would stop 'in a month' with energy embargoDr Andrei Illarionov said the Kremlin 'did not take seriously' Europe's threats to reduce energy usage while continuing to buy Russian oil and gas.
Read more »

Talks with Putin left 'no optimistic impression', says Austrian chancellor – videoKarl Nehammer has said he told Vladimir Putin that 'all those responsible' for war crimes must be brought to justice
Read more »

First Thing: Austrian chancellor to meet Putin in RussiaKarl Nehammer will be first EU leader to meet Russian president since invasion began. Plus, what happened when Fox News viewers watch CNN for a month?
Read more »

The Russians Fighting Vladimir Putin in UkraineHundreds of Russian nationals are now fighting alongside Ukrainians against Putin's regime
Read more »

Full embargo on oil could stop war - ex-Putin aidePresident Putin's former chief economic advisor tells the BBC Western countries could stop the war.
Read more »