Russia's economic crisis could easily end in yet another sovereign default - Telegraph.co.uk

Telegraph.co.uk
Russia's economic crisis could easily end in yet another sovereign default
Telegraph.co.uk
It was a lesson that Norman Lamont learnt the hard way when he was Chancellor of the Exchequer in 1992. You can't buck the markets when they really turn against you. Back in the day, sterling was part of the Exchange Rate Mechanism, following a ...
Russia's Steep Rate Increase Fails to Stem Ruble's DeclineNew York Times
Russia's major interest rate hike fails to ha