Tag: default

Biden warns of ‘chaos’ for U.S. economy if default follows debt-ceiling fight

President Joe Biden on Monday warned again of dire consequences for the U.S. economy if there’s a default on the federal debt, saying “there’s...

Microsoft upgrades Office security by blocking VBA macros by default

There’s been a bit of back and forth since the change was originally announced, but this week Microsoft started rolling out an update to Microsoft Office that blocks the use of...

Russia may be in default, Moody’s says By Reuters

© Reuters. FILE PHOTO: A stop road sign is seen next to skyscrapers at Moscow International business centre, also known as "Moskva-City", in Moscow, Russia April 14, 2022. REUTERS/Maxim Shemetov By Guy Faulconbridge LONDON...

Russia appears to have averted its historic bond default — for now

Russian President Vladimir Putin speaks throughout a gathering with representatives of the enterprise group on the Kremlin in Moscow, Russia February 24, 2022.Aleksey Nikolskyi | Sputnik | by way of ReutersRussia seems to...
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