U.S. turns attention to Russia’s ability to make bond payments
Apr 5, 2022

U.S. turns attention to Russia’s ability to make bond payments

HTML EMBED:
COPY
The U.S. is ratcheting up the economic pressure on Russia by targeting its ability to make bond payments. So far, Russia has managed to avoid a default on sovereign debt. But, the Treasury Department has now started blocking Russia’s ability to access assets held at U.S. banks. Shipping costs rose to major heights during the pandemic, but they actually went down in March.

Segments From this episode

Having soared throughout the pandemic, the cost of shipping declined in March

Apr 5, 2022
From the shipping slowdown in China to the excess of inventory on hand, there are a number of likely reasons for the drop.
Shipping hasn't slowed at the Port of Los Angeles amid lockdowns in China, says Gene Seroka, the port's Executive Director.
Mario Tama/Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Jesson Duller Media Producer
Erika Soderstrom Producer/Director
Rose Conlon Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer