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Fitch warns a Russian debt default is 'imminent' as it cuts the country's credit rating again
A Russian default is 'imminent', the credit ratings agency said as it downgraded from to a C rating – its second downgrade since the Ukraine invasion.markets.businessinsider.com
Fitch Ratings is anticipating an "imminent" Russian default, it said as it cut the country's credit rating for the second time in seven days.
The downgrade from B to a C rating "reflects Fitch's view that a sovereign default is imminent," Fitch said in a statement issued Tuesday.
The statement added that this second downgrade – ***owing the downgrade to the B rating on March 2 – comes because "developments since then have, in our view, further undermined Russia's willingness to service government debt."
"More generally, the further ratcheting up of sanctions, and proposals that could limit trade in energy, increase the probability of a policy response by Russia that includes at least selective non-payment of its sovereign debt obligations," the statement added.
en fin, enhorabuena a los premiados
RUSIA IGIAL PIB DE ESPAÑA
PAIS DIMITRI VS PAIS PACO