Rodrigo Olivares-Caminal, Of Counsel and Professor of Banking and Finance Law at Queen Mary University of London, comments on Russia's recent default on its foreign debt.
In this article, Rodrigo, a legal expert, and Nasir Aminu, an economist at Cardiff Metropolitan University, explain the significance of the default and its consecuences. For Rodrigo, "the full impact of the default remains uncertain until the global financial market gets clarity" regarding some issues, but, in any case, "those issues would be subject to interpretation by a court of law".
Read the full comment on The Conversation or at the World Economic Forum's website.
