Business Russia could soon default on external loans for the first time since the 1917 Bolshevik Revolution Published 2 years ago on 10 April 2022 By Terry Power Russia could soon default on external loans for the first time since the 1917 Bolshevik Revolution | Fortune You need to enable JavaScript to view this site. Related Topics:according to multiple news outlets.Bolshevikbut in rublesdefaultexternalloansRevolutionRussiaThe agency downgraded the country to "selective default" late Friday after it arranged to make its foreign bond payments not in dollarstime