Russia's UN envoy urges organization to prove Aleppo air strikes continueRussian Politics & Diplomacy October 27, 8:02
Media reports on Russian ships call into Ceuta are controversial — embassyRussian Politics & Diplomacy October 26, 22:03
Russia’s telecom watchdog tries to block LinkedIn through courtSociety & Culture October 26, 21:29
DPR envoy reports no constructive discussion on "Steinmeier formula" in MinskWorld October 26, 21:14
Six NATO countries say ready to dispatch their forces to Black Sea areaWorld October 26, 20:43
Moscow refutes allegations about plans for Russian cruiser's call into Spanish portMilitary & Defense October 26, 20:38
US, Israel abstain from UN GA vote condemning Cuba embargoWorld October 26, 20:31
Western sanctions expected to relax gradually in 2017 — ex-finance ministerBusiness & Economy October 26, 20:25
Mark Zuckerberg, Bill Gates intend to see battle for world’s chess crown — FIDE chiefSport October 26, 20:24
MOSCOW, March 24. /ITAR-TASS/. The Fitch international rating agency has downgraded the ratings of nine Russian state-owned companies, including Gazprom, to negative from stable.
The agency has also revised its outlook to negative from stable on 16 Russian banks, including Sberbank, Rosselkhozbank, Alfa Bank, Gazprombank and Vensheconombank.
“The rating actions follow Fitch’s revision of the Russian Federation’s Outlook to Negative from Stable and the affirmation of its Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’ on 21 March 2014,” the agency said in a press release on Monday, March 24.
On March 21, Fitch revised its rating of Russia to negative from stable citing a potential impact of Western sanctions on the economy and business environment in Russia.
Fitch analysts think that the direct effect from the declared sanctions will not be significant, but in the future investors can face new measures such as restrictions on Russian companies’ access to international capital markets.