&host=rt.com&uri=/business/news/russias-credit-rating-rises/&via=(none)&ua=CCBot/1.0 (+http://www.commoncrawl.org/bot.html))
Russia’s credit rating rises
Published: 11 March, 2008, 12:14
Standard and Poor’s has raised Russia's sovereign credit outlook from stable to positive. The rating agency said the global liquidity crunch hasn’t harmed Russia that much.
Standard and Poor's also cites the country's huge reserves, stemming from high oil prices as the main factor behind Russia’s good performance during the crisis.
The agency said it expects further growth of the country's fiscal and external reserves.
The raised outlook is also based on signs of policy continuity under the new government.
11.03.2008, 09:38
Russian TV firms in $US 400 MLN mergerRussian television company CTC Media has announced it will buy DTV Channel from its shareholder, Sweden's Modern Times Group, for around $US400 MLN. |
11.03.2008, 13:54
1 comment
Indian MIG fighter jets get more lethalRussia has secured a one billion dollar contract from India to upgrade 70 Russian-made MIG-29 jet fighters. The jets were originally sold to India in the 1980's. |
