Full of value or close to collapse?
Radical times require radical thinking. With the global economy facing its greatest challenge since the Great Depression of the 1930s, the need for revolutionary solutions to pressing problems such as looming debt repayments has arguably never been greater. So far at least, the response of the authorities in the Kremlin to the thorny issue of the mountain of Eurobond debt raised in recent years by Russian corporates that falls due in the near future has been surprisingly conventional.
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