(MENAFN- AFP) Moody's cut Russia's credit rating outlook to "negative" Friday, a sign of a possible coming downgrade, citing the threat to the Russian economy from its involvement in the Ukraine conflict.Moody's said the spread of the conflict from Crimea to eastern Ukraine has raised the dangers of "geo-political event risk" on Russia, including from western sanctions.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.