Fitch Ratings keeps a BBB-rating and positive outlook in place on Russia, despite election...
Dec 5 2011, 12:05 ET
Fitch Ratings keeps a BBB-rating and positive outlook in place on Russia, despite election results in the nation that it says increases political risk and uncertainty. "Fitch still thinks it is extremely unlikely that Vladimir Putin will fail to win the country's presidential elections in March. Nevertheless, the sharp drop in support for Putin's United Russia party highlights concerns about corruption and the disillusion with the current regime."