Lavrov, Tillerson discuss Syrian crisisRussian Politics & Diplomacy June 27, 8:37
Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
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.