Finance

As anger mounted in Europe, Belarus’s 2031 dollar bonds tanked yesterday,

Tuesday, May 25, 2021

reports Bloomberg. Yields surged 60 basis points to 7.84%, the highest since August when protests broke out after Lukashenko claimed victory in a presidential election widely seen as fraudulent. Bond holders worry they could be hit by sanctions against trading Belarus government bonds on the secondary market.

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European Union leaders meeting in Brussels last night called for Belavia to be banned from the 27-nation bloc's airspace and urged EU-based carriers to avoid flying through Belarus airspace

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