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  1. #1
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    Fitch Ratings warns of 'imminent' Russian bond breach

    Fitch Ratings warns of 'imminent' Russian bond breach-_123607289_currency.jpg


    Leading credit rating agencies have warned Russia is likely to default soon. Because it has reduced the country's bond levels to "garbage" territory.Fitch Ratings has lowered Russia's rating to the lowest level.

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    Just a few days after downgrading from investment status.It was the latest blow to the country's creditworthiness after the invasion of Ukraine.This week, Moscow said bond payments could be affected by sanctions.

    Increasing sanctions and proposals that could limit energy trade. Increase the probability of a policy response by Russia. This includes at least choosing not to pay sovereign debt,

    Fitch's announcement comes after the US And the UK said they would ban Russian oil. As they increase the economic response to Ukraine's aggression.US President Joe Biden said the move was aimed at "The main artery of the Russian economy"

    Meanwhile, the EU said it would end its dependence on Russian gas. as a major energy exporter The measure is aimed at hurting Moscow's finances. Although experts warn this is likely to send oil and natural gas prices higher in global markets.

  2. #2
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    Aug 2019
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    Re: Fitch Ratings warns of 'imminent' Russian bond breach

    What you share is very good and useful to the community, with a lot of useful information. Please continue to update. Play fireboy and watergirl for free!

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