Russia has signed an agreement with the government of Nepal for the repayment of a $1.16 million Soviet-era loan. It is not clear why Russia is bothering to collect such a small, old debt. But given Russia’s troubles — its currency has collapsed along with its economy, and Russia’s own foreign debts are now crippling it — and the mercurial nature of president Vladimir Putin, it is temping to read the Nepal agreement as a sign of … something. The landlocked nation of Nepal, which became a republic in 2008 after almost half a century of rule by monarchs or …read more
Source: Business Insider
