Ken Sweet
The Associated Press
New York, NY, United States
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Recent articles by Ken:
US to end Russia’s ability to pay international investors – San Gabriel Valley Tribune
WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first … → Read More
US to end Russia’s ability to pay international investors
WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first … → Read More
US to end Russia's ability to pay international investors
The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable → Read More
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value. → Read More
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value. → Read More
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
NEW YORK (AP) — It’s been a wild week in crypto, even by crypto standards. → Read More
Bitcoin tumbles, a stablecoin plunges in wild week in crypto
It’s been a wild week in crypto, even by crypto standards. → Read More
Fed: Inflation, Ukraine biggest threats to financial system
The Federal Reserve no longer views the coronavirus pandemic as the biggest threat to the global financial system. → Read More
Despite payment, investors brace for Russia to default
Prices for Russian credit default swaps — insurance contracts that protect an investor against a default — plunged sharply overnight after Moscow used its precious foreign currency reserves to make a last minute debt payment on Friday. → Read More
Russia makes last-minute bond payment to avoid default
Russia has staved off a default on its debt by making a last-minute payment using its precious dollar reserves sitting outside the country → Read More
Sanctions hit Russian economy, although Putin says otherwise
Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West → Read More
Sanctions hit Russian economy, although Putin says otherwise
Nearly two months into the Russian-Ukraine war, the Kremlin has taken extraordinary steps to blunt an economic counteroffensive from the West. While Russia can claim some symbolic victories, the full impact of Western sanctions is starting to be felt in very real ways. → Read More
Russia's ruble rebound raises questions of sanctions' impact
The Russian ruble has bounced back to almost its full value since before the West imposed economic sanctions on Russia over its invasion of Ukraine → Read More
Ned Johnson, a Wellington man who made Fidelity a fund titan, dies at 91
Edward “Ned” Johnson III, a businessman who grew Fidelity Investments into the financial giant it is today, has died. → Read More
Ned Johnson, who made Fidelity a fund titan, dies at 91
“We are immensely proud of his achievements and grateful for his life,” the Johnson family said in a statement. Read more on Boston.com. → Read More
Ruble plummets as sanctions bite, sending Russians to banks
MOSCOW (AP) — Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era. → Read More
Ruble plummets as sanctions bite, sending Russians to banks
Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era. → Read More
Ruble plummets as sanctions bite, sending Russians to banks
A sharp devaluation of the ruble would mean a drop in the standard of living for the average Russian, experts say. → Read More
Ruble plummets as sanctions bite, sending Russians to banks
A sharp devaluation of the ruble would mean a drop in the standard of living for the average Russian, experts say. → Read More
Ruble plummets as sanctions bite, sending Russians to banks
A sharp devaluation of the ruble would mean a drop in the standard of living for the average Russian, experts say. → Read More