Russia’s historic default: What next for the economy? | DW Business Special HD

Russia has defaulted on its foreign debt for the first time in a century. Moscow failed to pay $100 million in two government bonds before the 30-day grace period expired. So is this a sign of the devastating impact of international sanctions on Russia’s economy? Or is the Kremlin right to claim it isn’t a true ‘default’? With the help of two experts, we answer these questions and more. Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews ►Instagram: https://www.instagram.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch #Russia #UkraineWar #RussiaDefault