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Russia announces anti-crisis plan after rating downgrade
After a top ratings agency cut Russia's credit grade to "junk" status, the government in Moscow on Tuesday announced a plan that will see the economy return to a budget surplus in 2017. Standard ...(1/27/2015 5:33:44 AM)
Russia dismisses U.S. espionage charges against alleged NYC spy ring
Russia's foreign ministry on Tuesday dismissed charges by the U.S. against three men for their alleged involvement in a Russian spy ring operating in New York City. The U.S. government on Monday announced criminal charges against three men who are accused of conspiring to gather economic intelligence on behalf of Russia, including information about U.S. sanctions against the country. Prosecutors ...(1/27/2015 9:01:28 AM)
S&P cuts Russia credit rating to 'junk'
Standard and Poor's stripped Russia of its investment-grade rating on Monday, cutting it to "junk" status with a warning of weak growth. "The downgrade reflects our view that Russia's monetary policy flexibility has become more limited and its economic growth prospects have weakened," the ratings agency said in a statement announcing the one-notch cut to a 'BB+' rating. The plunge in oil prices ...(1/26/2015 4:20:52 PM)
ETFs Show Some Traders Were Prepared for Russia Downgrade
Russia exchange traded funds sank Monday after Standard & Poor’s lowered its rating on the country’s sovereign debt BB+, the highest junk rating, from BBB-, the lowest investment grade. That was good for ...(1/27/2015 7:30:02 AM)
Russia’s Credit Rating Cut to Junk by S&P
Standard & Poor’s cut Russia’s credit rating to junk. It’s the first time in a decade the rating has been below investment grade. Bloomberg’s Ryan Chilcote reports on “Countdown.” (Source: Bloomberg)(1/27/2015 3:31:09 AM)
Russia defiant after more threats from West over Ukraine
A defiant President Vladimir Putin on Monday called the Ukrainian army a "NATO foreign legion," reflecting his readiness to stand up to the West regardless of rising economic costs, as Standard ...(1/26/2015 4:20:24 PM)
S&P downgrades Russia's sovereign credit rating to "junk"
Ratings agency S&P cut Russia's sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead for Russia's economy, S&P said it had cut the rating from BBB- to BB+ and that Russia's economic growth prospects, hit by low oil prices and Western sanctions over the Ukraine crisis, had worsened.(1/26/2015 4:23:52 PM)
Russia, Belarus and China Face Renewed EU Duties on Tubes
The European Union renewed tariffs on welded steel tubes from Russia , Belarus and China for another five years in a bid to curb competition for EU producers such as ArcelorMittal.(1/27/2015 8:45:52 AM)
Russia's credit rating cut to junk
Russia's credit rating is cut to junk by US ratings agency Standard and Poor's for the first time in a decade.(1/26/2015 6:24:50 PM)
Russia warns West not to blackmail it over Ukraine
By Gabriela Baczynska MOSCOW (Reuters) - Russia blamed Kiev on Monday for a surge in fighting in Ukraine and warned the West that any attempt to increase economic pressure on Moscow would be "absolutely destructive" blackmail. Pro-Moscow separatists, backed by what NATO says are Russian troops, have launched an offensive in southeastern Ukraine and President Barack Obama said Washington was ...(1/26/2015 6:48:35 AM)
Source: Yahoo