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

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

by Justin Ho

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

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David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Producer, BBC

Jonathan Frewin Producer, BBC

Jay Siebold Technical Director

Jesson Duller Media Producer

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Erika Soderstrom Producer/Director

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Redmond Carolipio Digital Producer

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