"Fitch" Russia's credit rating cut from "stable" to "negative"

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GMT 11:31 2014 Friday, March 21 : Last Update

"Fitch" Russia's credit rating cut from "stable" to "negative"

 

 

 

 Moscow : directed the agency "Fitch" credit rating on Friday, a blow to the Russian economy, and reduced prospects for Russia from "stable" to negative. was the agency, "S & P" has lowered yesterday evening, on Thursday, to "negative" Prospects for Russia; due risks associated with the Western sanctions against Moscow after the annexation of the Crimea. Mnjhth, revealed Dmitry Peskov, press secretary of the Russian President, that Ukraine will get a discount in the price of Russian gas source to it, compared to the stationing of Russian Black Sea Fleet in Sevastopol, and that after the accession of Crimea to Russia. quoted on the channel "Russia Today" for Peskov saying that he has become is not possible now to apply the concept of discount legally nor realistic, adding that entry into force of the Convention additional contract Russian-Ukrainian about to buy Russian gas for 2009 ends in case of return to determine gas prices for Ukraine on the basis of the contract itself. was the Convention, which requires the extension of the Seen the Russian Black Sea Fleet in Crimea discount versus an estimated $ 100 from the price of gas is specified according to the contract in 2009, has occurred in the Ukrainian city of Kharkov by Ukrainian President Viktor Yanukovych and Russian President Dmitry Medvedev at the time, in April 2010. It is noteworthy that under this discount Ukraine was paying about $ 400 per 1,000 cubic meters of gas in the world last year, while the company has provided Russian "Gazprom" in December 2013, a new opponent to Ukraine after the abandonment of the signing of the initialed association with the European Union. 
 

The Japanese Trade Minister, Toshimitsu Motegi, said on Thursday that the crisis Ukrainian does not affect the trade relations between Russia and Japan. Quoted by Japanese news agency Kyodo for Motegi was quoted as saying during a press conference that the Japanese government did not see until now that its economy with Russia was affected by the current crisis in Ukraine. Noting that Russia is a provider resources, mainly to Japan, he said, 'At the current stage, we do not believe that the impact on bilateral trade and specific projects, but we would pay close attention to the international situation. "According to the Ministry of Economy, Trade and Industry of Japan, Russia supplied Japan about 10 'of LNG imported annually. The bilateral trade volume reached a high level throughout the 3 consecutive years, and the estimated value of the year 2013 at about 34.8 billion dollars. Announced the Japanese Prime Minister, Shinzo Abe, yesterday that Tokyo may impose additional sanctions on Russia on the back of the Declaration of the recent annexation of the Crimea Ukrainian them. Was Japan announced last Tuesday to take a series of punitive measures against Russia, against the background of the crisis associated with the Republic of Crimea, including the suspension of talks to facilitate the conditions for issuing visas between the two countries.