US cracks down on Russian debt payments, latest sovereign payments halted
CNN
Russia's latest sovereign bond coupon payments have been stopped, a source familiar with the matter and a spokeswoman for the US Treasury said, putting it closer to a historic default.
The latest sovereign bond coupon payments have not received authorization by the US Treasury to be processed by correspondent bank JPMorgan (JPM), the source said.
The payments were due on bonds due in 2022 and 2042.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.
President-elect Donald Trump’s new Department of Government Efficiency, a nongovernmental entity helmed by billionaire Elon Musk and biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, is expected to make a push for an end to remote work across federal agencies as a way to help reduce the federal workforce through attrition.
The Biden administration has approved sending anti-personnel mines to Ukraine for the first time in another major policy shift, according to two US officials. The decision comes just days after the US gave Ukraine permission to fire long-range US missiles at targets in Russia, a shift that only occurred after months of lobbying from Kyiv.