{"id":38354,"date":"2022-05-25T11:21:57","date_gmt":"2022-05-25T08:21:57","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=38354"},"modified":"2022-05-25T11:22:02","modified_gmt":"2022-05-25T08:22:02","slug":"the-us-treasury-has-not-renewed-a-license-that-allows-russia-to-service-its-foreign-debt","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=38354","title":{"rendered":"The US Treasury has not renewed a license that allows Russia to service its foreign debt"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The US Treasury Department will not renew the general license, which temporarily allowed Russia to make payments to service its foreign debt in dollars under sanctions ,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>KYIV.\u00a0UkraineGate , 25 , May , 2022 | Economy .<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Quote<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;The Office for the Control of Foreign Assets will not renew the provisions of General License 9C, issued in accordance with the Regulations on Sanctions for Russia&#8217;s Malicious Foreign Activities,&#8221; the statement said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Details<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The license will expire on Wednesday, May 25, at 07:01 Kyiv time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This will completely deprive Russia of the opportunity to pay for government bonds and make default almost inevitable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Before&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">US Treasury Secretary Janet Ellen has\u00a0<a href=\"https:\/\/www.unn.com.ua\/uk\/news\/1977477-ssha-shvidshe-za-vse-zablokuyut-viplati-rosiyi-po-derzhborgu-nastupnogo-tizhnya-minfin\">made it clear<\/a>\u00a0that the United States will revoke a permit that allowed Russia to continue paying its debts and avoid default.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source:\u00a0<a href=\"https:\/\/www.unn.com.ua\/\">Ukrgate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Treasury Department will not renew the general license, which temporarily allowed Russia to make payments to service its foreign debt in dollars under sanctions , KYIV.\u00a0UkraineGate , 25 , May , 2022 | Economy . Quote &#8220;The Office for the Control of Foreign Assets will not renew the provisions of General License 9C, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":38355,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[9590,11513,996,2399,1288,1064,1854],"class_list":["post-38354","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-license","tag-treasury","tag-ukraine","tag-ukraine-gate","tag-us","tag-war","tag-world-news"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/38354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38354"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/38354\/revisions"}],"predecessor-version":[{"id":38356,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/38354\/revisions\/38356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/38355"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}