https://twitter.com/Schuldensuehner/status/1541047910720278528 #Russia is now just hours away from its first foreign default in a century. Grace period on €100mln of missed payments ends on Sun night. Sanctions have blocked payments to holders of Russian debt. Kremlin says it’s not a default b/c it has enough funds. https://t.co/7kg0zdfdvA https://t.co/zcny8FYQNP via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1541305946563133441 Sanctions push #Russia to 1st foreign default since Bolshevik Revolution. "Don’t believe media hype that this is 1st Russian default since 1918," Bluebay's Ash says: "As someone who was there in 1998, I can assure you that Russia defaulted in 1998, 100%." https://t.co/l5XDCQx21w https://t.co/5uqbqUkunL via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1544571635256201216 Good Morning from #Germany where imports from #Russia hit highest since 2014 due to higher energy prices. Rolling 12-month imports from Russia rose to €39bn by the end of Apr despite sanctions, help fill Putin's war chest. https://t.co/QEdb2706AP via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1544631594971021312 #Russia has pocketed at least $24bn from selling energy to #China & #India since Ukraine war started, showing how higher prices limiting efforts by US & Europe to punish Putin. India spent $5.1bn on Russian energy in 3 mths to end of May, >5 times YoY. https://t.co/p0twRiyPmM https://t.co/wZFmQ8tAOF via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1551667928201928706 European gas prices jump as well as German power prices as #Russia is once again sharply reducing the flow of piped gas to Germany, reminding Europe of the daunting challenge the continent faces to build up its energy stockpiles before winter. https://t.co/9hECO9dJq2 https://t.co/qnz0DCFPP3 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1556420216262885386 Alarm mounts in western capitals over #Turkey’s deepening ties with #Russia. Officials warn of retaliation if Ankara helps Moscow evade sanctions after Erdoğan and Putin agree to increase co-operation. https://t.co/TxoUpqOhez https://t.co/f76In2mtnQ via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1558707838981218304 Good Morning from Germany where gas storage facilities are >75% full 2 weeks ahead of schedule despite significantly reduced supply from #Russia. According to new regulations, by Oct1 the fill level needs to be at least 85% & by Nov at least 95%. https://t.co/tr0zDZUHYV via @welt https://t.co/2VzC2Lxgf0 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1562470790376738816 European natural gas price jumped >€303 per megawatt-hour, the highest level since March, as Europe’s energy crisis intensifies. #Russia has curtailed supplies to the region, which is also facing outages due to maintenance in Norway & greater competition for liquefied gas. (BBG) https://t.co/M4K3U9McqK via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1565261365375295488 #Russia mulls buying as much as $70bn in #China Yuan and other “friendly” currencies this year to slow the ruble’s surge. Government considers overhaul of reserves amid sanctions. Draft calls for selling yuan holdings later over 3-5yrs. https://t.co/QyQ3WzzspL https://t.co/N6nk7jwOZw via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1566671239762026498 European Gas jumps as much as 35% as #Russia keeps Nord Stream link shut. Now up 21%. https://t.co/2SVRbOijKX via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1566672088760569858 Euro drops <0.99 Dollar, hits 20y low after #Russia turns off gas supply. https://t.co/aUbTP3Eu7y via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1566751997176516610 #Russia switches off Europe’s main gas line until sanctions lifted. Gazprom previously said it was halting flows through Nord Stream 1 b/c of technical fault. Kremlin comments were most stark demand yet that EU roll back its sanctions in exchange for gas. https://t.co/KZa9NnuJMa https://t.co/TvCMp6UQoF via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1569232825261465602 First signs of friendshoring? German exports to #China have been stagnating for a good year and those to #Russia have plummeted. https://t.co/YYIh8lwSz3 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1572556247584612354 Flights out of #Russia sell out, 'How to Leave Russia' top Google trend after Putin orders partial call-up. Direct flights from Moscow to Istanbul in Turkey & Yerevan in Armenia, both destinations that allow Russians to enter w/o a visa, were sold out on. https://t.co/O4brlX4rdZ https://t.co/kqnqiXtPwz via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1586989600391602176 #Wheat futures jumped after #Russia pulled out of an agreement to allow grain exports from Ukraine through the Black Sea, a deal seen critical for easing tight world supplies and controlling global food cost. Wheatjumped as much as 7.7% but paring gains to 5.6%. https://t.co/vc8ZcfmkIk via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1599385635629846531 OPEC+ said it will stick to its oil-output targets amid mounting concerns over Covid lockdowns in China and uncertainty over #Russia’s ability to export crude. https://t.co/nFrwyLiUoe https://t.co/Eue4TTIdRb via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1600510126972076032 #Russia's Putin says threat of nuclear war is on the rise. Putin says Russia considers nuclear weapons a response to an attack. Says Russia's nuke weapons are a deterrent factor in conflicts. https://t.co/5RMIc7UK6A via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1627759088963657728 #Russia's exposure of #Turkey's banks more than doubled to $442mln in Q3 2022 alone. In absolute terms, it is, however, still low compared to for example German Banks w/a total exposure of $3.7bn. https://t.co/Gb6tnZ5CUd https://t.co/WdhehHwS9U via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1632735571721199617 #Russia’s population nightmare is going to get even worse. War in Ukraine has aggravated the crisis. Country reached peak population in 1994, w/149m people. Total could be 120m in 50yrs. Would make Russia world's 15th-largest country, down from 6th in 1995 https://t.co/uLOVXc51bG https://t.co/6TtPjMSLO5 via @Schuldensuehner

https://twitter.com/Schuldensuehner/status/1632752090882736130 Countries continue to diverge on their views on #Russia and preferred outcome for war in Ukraine, @Teneo says. Majority of Europeans & Americans see Russia as an adversary. India is most striking, where 51% of respondents see Russia as ally that shares their interests and values. https://t.co/6E1H0nWPVt via @Schuldensuehner