From current news: https://news.yahoo.com/amphtml/russias-debt-default-one-hardest-080000031.html
I was asked - Is this war, a path to war?
I think the news is credible but it is not war, yet. The US is pushing to bankrupt Russia and Putin may start a war as a way to stay in power, so our neocon crazies are playing with fire. Continuing to play with it as they have done with Ukraine. But, as we saw with Argentina and Chile in the 80's and 90's default does not create wars. It forces a government change via either a public vote, or revolution, or a military coup. Russia is more likely to have a military coup than anything else, so no gain for the pain in the end - thank our neocon fools.