| Videos | Channels | Search |
Russia downgraded as Ukraine crisis heats up
Russia’s shrinking economy has partly led to S&P cutting Russian sovereign debt to the lowest investment rating, just above junk status.
The move comes as the crisis in Ukraine intensifies.
S&P last downgraded Russia in 2008 now it ranks the country as BBB, similar to another BRIC nation; Brazil.
The Ukraine crisis has added to overall concerns about the economy, falling growth and rising capital outflow: about $50 billion so far this year.
01:46 minutes
Tags: bond, bond buying, bond market, bond markets, bond purchases, bond yields, bonds, bonds and equties, bonds hedging, bonds market, bonds to equities, bonds update, bonds v equities, debt, debt crisis, debt deal, junk status, moscow, putin, ratings, ratings agency, russia, russia bonds, russia crisis, russia crude, russia economy, russia oil, russia rates, russia ruble, russian, russian central bank, russian currency, russian economy, russian equities, russian government, russian politics, russian ruble, russian shares, s&p, tradingfloor.com, ukraine, ukraine commodities, ukraine crisis, ukraine dollar yen, ukraine eurusd, ukraine forex market, ukraine gbpusd, ukraine oil supply, ukraine pound