VOICED : Moody's afirma que Rusia incurrió en impago de su deuda

VOICED : Moody's afirma que Rusia incurrió en impago de su deuda

Assessment

Interactive Video

Business, Social Studies, History

10th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Moody's announced that Russia is in default as bondholders did not receive payments on two eurobonds worth $100 million by the end of the grace period. This situation does not legally constitute a default due to international sanctions preventing credit rating agencies from evaluating Russia. A creditors' committee will decide on the default status. Russia claims to have made the payment, but it was blocked by banking intermediaries due to Western sanctions. The Kremlin argues that the non-receipt of funds by investors is due to third-party actions, not a failure to pay.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Moody's announce regarding Russia's financial situation?

Russia has no outstanding debts.

Russia has increased its debt payments.

Russia has defaulted on its debt.

Russia has successfully paid its debts.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why can't agencies legally declare Russia in default?

Because Russia has no outstanding Eurobonds.

Because Russia has paid all its debts.

Because of international sanctions preventing ratings.

Because Russia is not a member of the international community.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for determining if Russia is in default?

A committee of creditors

The United Nations

The World Bank

The Russian government

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What reason did Russia give for the payment not reaching creditors?

The payment was lost in transit.

The payment was never made.

Banking intermediaries blocked the payment.

The payment was made in the wrong currency.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the Kremlin, what caused the non-receipt of funds by investors?

Actions by third parties

A deliberate decision by Russia

A lack of funds in Russia

A technical error in the payment system