Russia hopes Astana talks on Syria will yield package of documents on de-escalation zonesRussian Politics & Diplomacy June 25, 20:31
Russians’ real incomes up by 3% in May - Russian finance ministerBusiness & Economy June 25, 18:39
All doping tests of Russian players at 2014 FIFA World Cup are negativeSport June 25, 15:10
Police refrains from calling Newcastle incident a terrorist attackWorld June 25, 13:14
Putin offers condolences to Pakistan’s president over fire victimsRussian Politics & Diplomacy June 25, 12:39
Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
DAVOS, January 21. /TASS/. Russia’s downgrade to junk status would be a “big mistake,” Russian Deputy Prime Minister Arkady Dvorkovich told Bloomberg TV channel at the World Economic Forum’s annual meeting in Davos, Switzerland on Wednesday.
“It would be a big mistake. Russian public debt is very low, Russian public finances are stable and there is no risk of defaulting on the financial commitments. I think it’s the overall perception of risks and uncertainty towards Russia, but not really within Russia,” Dvorkovich said.
The international rating agency Fitch announced on January 10 it had downgraded Russia’s long-term rating to BBB-from BBB, just one notch above the speculative level. "The economic outlook has deteriorated significantly since mid-2014, following sharp falls in the oil price and the ruble, coupled with a steep rise in interest rates," Fitch’s statement said. The move to downgrade Russia’s sovereign rating may be followed by S&P and Moody’s.