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September 01, 2020 1:32pm
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Russia will likely default with April 4 payment due of $2.2 billion, experts say

Investors breathed a sigh of relief last week after the Russian government made a $117 million interest payment on its foreign debt. But a much bigger payment comes due April 4 — to the tune of $2.2 billion — and creditors are far less optimistic Russia will pony up this time.
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