Moodys is moody on Russia as it downgrades Russia’s sovereign rating to junk status Moody’s Investors Service downgraded Russia’s sovereign debt rating to Ba1 from Baa3. The outlook on the Continue Reading →
Petrol Dollar Dominance Diminishes now Egypt has no trouble accepting rouble
Petrol rises in price while oil prices falling Growing petrol prices surprised the president of Russia. Vladimir Putin complained about price hike for oil products in the country against the Continue Reading →
EU eases sanctions against Russia It was hardly predictable that the European Union would ease sanctions against Russia. The officials adopted an amendment so that some Russian banks can attract Continue Reading →
Russian rouble hits fresh record In early December, the nosedive of the rouble looked overwhelming. Earlier this month, experts reported about next world record of the rouble against the majors. Continue Reading →
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