Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
One of seven injured in Surgut stabbing spree in critical condition — authoritiesSociety & Culture August 19, 23:51
Netanyahu expects to meet with Putin in Sochi on August 23 — Israeli premier’s officeRussian Politics & Diplomacy August 19, 22:47
Surgut attacker is identified as a local resident - investigationSociety & Culture August 19, 14:09
Combat module containing neural networks may become series in Russia in 2018 — designerMilitary & Defense August 19, 10:44
Russian Head of General Staff Gerasimov hands award weapon to Syrian generalMilitary & Defense August 19, 9:10
"We believe that the complex geopolitical situation between Russia and Ukraine may lead to additional substantial outflow of both foreign and local capital of the Russian economy, undermining the already weak growth prospects," S&P said.
Russian Economic Minister Alexei Ulyukayev believes that an investor should be given an alternative in choosing ratings.
“The thing is that the existing rating agencies - the Big Three - are called international, but they are self-named international agencies. Generally speaking, these are US agencies. They simply have gone through a certain path of development and investors find it convenient to use them,” he said.
“We cannot force investors to switch from one rating agency to another, but we should give them an alternative. An investor should decide himself what agency will be better for him to use,” Ulyukayev said, adding that not only China, but also Europe also approved a legal framework to create their own rating agency.
Earlier Russian Deputy Prime Minister Igor Shuvalov said the government had been working to reduce dependence on foreign ratings.
“We are interested in rating agencies not to be influenced by their governments or political systems and the image or the investment rating of one or other country not to be lowered as if at a command,” he said.