Russia 'Potential Failure to Pay' Event Occurred: CDS Panel

The video discusses Russia's potential foreign debt default, marking the first such event since 1918, due to its inability to pay bondholders by May 4th. It also covers a call between US and Chinese officials about security issues related to Russia and Ukraine, with little progress made. China's stance on Russia remains unchanged, emphasizing territorial integrity while avoiding public criticism of Russia's invasion of Ukraine.

What significant financial event is Russia facing for the first time since 1918?

• A banking crisis

• A currency devaluation

• A stock market crash

• A foreign debt default

What was the main purpose of the call between US and Chinese defense officials?

• To address security issues related to Russia and Ukraine

• To plan joint military exercises

• To negotiate a peace treaty

• To discuss trade agreements

How did China respond to US pressure regarding its stance on Russia?

• China decided to support Ukraine militarily

• China remained neutral and silent

• China criticized the US for using Ukraine to smear China

• China agreed to impose sanctions on Russia

What has been China's public stance on Russia's invasion of Ukraine?

• China has supported Ukraine's territorial claims

• China has called for immediate peace talks

• China has openly criticized Russia

• China has maintained support for Russia without public criticism

What internal challenges is China facing alongside its stance on the Russia-Ukraine conflict?

• Political unrest

• COVID-19 cases and economic tensions

• Natural disasters

• Military conflicts