Kremlin: Putin made no statements on participation in 2018 presidential electionRussian Politics & Diplomacy February 21, 13:15
Kremlin declines to comment on appointment of Trump’s new national security adviserRussian Politics & Diplomacy February 21, 13:09
Press review: Russia’s UN envoy dies in New York and Iran urges closer ties with MoscowPress Review February 21, 13:00
Peskov on Ukraine blocking UNSC statement on Russia's late envoy: 'May God judge them'Russian Politics & Diplomacy February 21, 12:59
President of Azerbaijan appoints his wife as first vice-presidentWorld February 21, 12:37
Ukrainian MP Savchenko renounces parliamentary immunityWorld February 21, 12:32
Lavrov voices hope for restoration of Russia-Sweden relationsRussian Politics & Diplomacy February 21, 12:21
Diplomats all over the world will remember Churkin as an outstanding professional — LavrovRussian Politics & Diplomacy February 21, 11:50
Ukraine stonewalls adoption of UNSC statement dedicated to Russia’s envoy ChurkinWorld February 21, 11:26
LONDON, February 5. /TASS/. Moody's Investors Service downgraded its Structured Finance collateral outlook for Russia to negative from stable.
Anticipated weak GDP growth of -5.5% in 2015, rising unemployment and falling real wage levels will lead to an increase in arrears and defaults of SF collateral, Moody's said.
In January, the agency cut the long-term ratings of Russia’s state-owned lenders Sberbank, Vnesheconombank (VEB) and the Agency for Housing Mortgage Lending by one notch to Baa3 from Baa2. The rating cut to Baa3, the lowest investment-grade level under Moody’s classification, followed Russia’s sovereign rating downgrade.
Moody's also downgraded ratings of Transneft, Russia’s biggest oil pipeline operator, to Baa3. Gazprom's foreign-currency ratings were also downgraded to Baa3 while its local-currency ratingswere downgraded to Baa2.
The ratings of seventeen Russian regions and cities were also downgraded. The regions that received the downgrade are Khanty-Mansiysk, Samara, Chuvashia, Krasnoyarsk, Komi, Omsk, Nizhniy Novgorod, Krasnodar, Belgorod, Mordovia and Vologda. Three cities - Krasnodar, Omsk and Volgograd. Moody's has also put Moscow Region and Mordovia for a downgrade review, due to possible worsening of their credit abilities under a rising risk.