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Saturday, March 29, 2014

Moody's puts Russia on review for downgrade | TRADE & MARKET | Financial Express :: Financial Newspaper of Bangladesh

Moody's puts Russia on review for downgrade | TRADE & MARKET | Financial Express :: Financial Newspaper of Bangladesh


"The current crisis "could significantly dampen investor sentiment for several years to come by adding to existing deterrents to investment posed by Russia's weak rule of law and high levels of corruption," Moody's said.

"This could further damage the country's economic outlook given its large investment needs," it added.

"It could also further constrain its ability to diversify the economy away from overreliance on oil and gas."

Obama defends not using military force in Syria - Al Arabiya News

Obama defends not using military force in Syria - Al Arabiya News