Section: The Wall Street Journal (USA)
Russia’s Debt Downgraded
Moody’s Investor Service downgraded Russia’s debt one notch to Baa2, citing the country’s fiscal uncertainty due to the Ukraine crisis and the expanded international sanctions stemming from that conflict. …read more Source: The Wall Street...
Leaders Discuss Ukraine Crisis
Diplomatic efforts to enforce a cease-fire and defuse tensions in Ukraine were stepped up, as Russian President Vladimir Putin and Ukrainian President Petro Poroshenko met with several European leaders in Milan. …read more Source: The Wall Street...
Putin, Merkel Meet in Milan
German Chancellor Angela Merkel and Russian President Vladimir Putin met on sidelines of an Asia-Europe summit in an opportunity to discuss the Ukraine conflict. …read more Source: The Wall Street...
Eurex Delays Plan for Moscow Exchange Partnership
The derivatives arm of Deutsche Börse has shelved a proposal to offer trading in ruble derivatives, partly because of concerns about Western sanctions on Russia, according to people familiar with the matter. …read more Source: The Wall Street...
Gazprom Profit Drops
OAO Gazprom said profit for the first half of the year fell by almost one-quarter as Ukraine’s Naftogaz didn’t pay for gas supplied by the Russian state-controlled gas group. …read more Source: The Wall Street...
Russia and China Open Currency-Swap Line
The move paves the way for further trade between the countries, as Moscow steps up efforts to develop closer ties with Beijing after relations with the West deteriorated over the situation in Ukraine. …read more Source: The Wall Street...
Putin Orders Troops Away From Ukraine Border
Russian President Vladimir Putin has ordered thousands of Russian troops near the Ukrainian border to return to their usual bases, according to his spokesman. …read more Source: The Wall Street...
Russian Rock Stars Run Afoul of Kremlin Over Ukraine
After Russian rocker Andrei Makarevich played for refugees in Ukraine, he was denounced as a “traitor.” …read more Source: The Wall Street...
Inflation-Racked Russia Considering Price Controls
Russia’s trade minister has said that the country is considering imposing price controls on 40 ‘socially important’ items as efforts to tame inflation fall victim to the conflict in Ukraine. …read more Source: The Wall Street...
Latvian Premier’s Coalition Wins Vote
Latvian Prime Minister Laimdota Straujuma’s three-party coalition won a majority of parliamentary seats in an election that was overshadowed by increased Baltic anxiety over neighboring Russia’s actions in Ukraine. …read more Source: The Wall Street...