US considering move on Russian debt payments

Reuters| Washington | United States

Updated: 17-05-2022 23:32 IST | Created: 17-05-2022 23:21 IST

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The United States is considering a move to block Russia's ability to pay U.S. bondholders after a deadline expires next week, a U.S. administration official said on Tuesday.

Bloomberg News said the Biden administration is poised to make the move and that it could bring Moscow closer to the brink of default.

"It's under consideration but I don't have a decision to preview at this time," the official told Reuters. "We are looking at all options to increase pressure on Putin."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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