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France 24

Business

Russia averts default on foreign dollar-denominated bond payments

Amazon Hollywood MGM Ukraine

BUSINESS DAILY © FRANCE 24

Russia has reportedly made $117 million in bond payments, managing so far to avoid its first default on foreign debt since 1918. Billions more are due within weeks as sanctions continue to hammer the Russian economy in response to the war in Ukraine. Plus, Amazon closes in on its acquisition of Hollywood studio MGM.

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