Russian food inflation declines threefold in 2016 — Central BankBusiness & Economy January 18, 17:01
Russian observers to monitor elections in France, SerbiaRussian Politics & Diplomacy January 18, 16:49
Six suspects in Russian ambassador’s murder case testify in courtWorld January 18, 16:29
Russian arms foundry mints one-kilo silver ‘In Trump We Trust’ commemorative coinWorld January 18, 16:26
VTB president says anti-Russian sanctions should be first eased in financial sectorBusiness & Economy January 18, 16:03
Russia seeks Minsk deal implementation not for cancellation of sanctions — LavrovRussian Politics & Diplomacy January 18, 15:57
Syria has no objections to US presence at Astana talks, diplomat saysWorld January 18, 15:39
Crimea informs Amsterdam court of plans to continue legal fight for Scythian goldSociety & Culture January 18, 15:33
Positive trend in Russian economy should be supported — PutinBusiness & Economy January 18, 15:31
LONDON, February 25. /TASS/. Moody's Investors Service has downgraded the ratings of eleven Russian regions, four cities, and three state-owned companies, the ratings agency said on Wednesday.
Moody’s rating agency earlier downgraded seven Russian financial institutions - Sberbank, Bank VTB, Gazprombank, Russian Agricultural Bank, Agency for Housing Mortgage Lending, Vnesheconombank and Alfa-Bank, it reported Tuesday. The rating actions "follow the weakening of Russia's credit profile, as reflected by Moody's downgrade of Russia's government debt rating to Ba1 from Baa3 on February 20, 2015," the report said.
Moody's downgraded Russia's sovereign debt rating to speculative grade of Ba1 from Baa3 with a negative outlook, in the night of February 21. The ongoing crisis in Ukraine and the drop in oil prices were cited as the main reasons for the downgrade.