Seeking Alpha

Russia's credit outlook cut to Negative at S&P

  • "The outlook revision reflects our view of the material and unanticipated economic and financial consequences that EU and U.S. sanctions could have on Russia's creditworthiness following Russia's incorporation of Crimea," says S&P, reiterating Russia's BBB/A-2 rating, but cutting the outlook to negative from stable. "We expect that the EU and U.S. will impose further sanctions."
  • ETFs: RSX, RUSL, ERUS, RUSS, RSXJ, RBL, RUDR
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Comments (17)
  • Coalfan
    , contributor
    Comments (59) | Send Message
     
    So the Dow should rally another 500 points.
    20 Mar 2014, 01:45 PM Reply Like
  • june1234
    , contributor
    Comments (3256) | Send Message
     
    I see a major revision to Russian GDP this year from the 9 Russians who can't fly to the US anymore. I guess they can always fly to Toronto or send one of their aides stateside
    20 Mar 2014, 02:38 PM Reply Like
  • Drew Robertson
    , contributor
    Comments (358) | Send Message
     
    If Disinvesting/Boycotting worked against Apartheid, it should also work against Putinism. I doubt many institutional investors like universities will be allowed to invest in Russia by year end.
    20 Mar 2014, 02:42 PM Reply Like
  • june1234
    , contributor
    Comments (3256) | Send Message
     
    This isn't apartheid . It might be an inconvenient truth for some but Crimea voted to join Russia. Do they plan on holding a revote?
    20 Mar 2014, 02:48 PM Reply Like
  • Drew Robertson
    , contributor
    Comments (358) | Send Message
     
    Как твое настоящее имя июне 1234? Я уверен, что вы знаете, что голосование было мошенничество.
    20 Mar 2014, 03:24 PM Reply Like
  • bbro
    , contributor
    Comments (10526) | Send Message
     
    Гамбургеры для продажи на Джо
    20 Mar 2014, 07:13 PM Reply Like
  • SoCalNative
    , contributor
    Comments (605) | Send Message
     
    Ya! What bbro said!
    20 Mar 2014, 07:52 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11779) | Send Message
     
    The vote let people choose to be a separate country or join Russia. It didn't let them stay with Ukraine and it was not monitored making it a sham and a coercive vote with lots of pro-Russian thugs watching you.

     

    If Russia invaded California and had people with weapons asking you to vote to succeed from the US or join Russia you'd probably get similar results with some bloodshed. This was not a free or democratic vote nor a legitimate way to succeed from a country. It is a sham.
    21 Mar 2014, 03:32 AM Reply Like
  • WS_IMPERALISM
    , contributor
    Comments (4) | Send Message
     
    Of course these criminals as S&P would downgrade their "enemy", just like they don't downgrade the bankrupt United States. Anyone that would take this as anything other than propaganda for manipuating markets is a fool.

     

    The reason why the United States is in the trouble it is in is due to the fact that lies about everything. The United States has the most corrupt financial markets in the history of mankind, and S&P's "opinion" about anything is not even an "opinion"---it is propaganda at its finest.
    20 Mar 2014, 03:22 PM Reply Like
  • sabresfan21
    , contributor
    Comments (179) | Send Message
     
    http://bit.ly/rCuB5T

     

    United States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative
    20 Mar 2014, 04:07 PM Reply Like
  • WS_IMPERALISM
    , contributor
    Comments (4) | Send Message
     
    Yes, and looked what happened to them for doing that---DOJ went after them and you can be sure they will NEVER do that again:

     

    U.S. government slams S&P with $5 billion fraud lawsuit

     

    http://reut.rs/KnMVNI

     

    Some Charge ‘Revenge’ From Downgrade as DOJ Sues S&P Over Bond Ratings
    http://nws.mx/1fKXKku

     

    Make no mistake---the United States is a criminal Kleptocracy with the most corrupt markets in the world. The reason I say "in the world" is because many markets do not "claim to be transparent"---i would rather be robbed of my wallet than my life savings. Most markets will rob you of your wallet---the criminal Kleptocrats in America want your life savings and your house. The United States is run by the most evil people ever to set foot on this planet. The tools at their disposal for financial are unlike any tools in the history mankind---AND THEY ARE USING THEM ALL.

     

    So please don't defend them by showing that the S&P downgraded one notch---we saw what happens when you go against criminals that run these corrupt fiat markets. You whistle blow against them---they will kill you. Examples galore do you research and stop listening to mainstream propaganda that is bought and paid for by the very same criminals you are defending!
    20 Mar 2014, 07:44 PM Reply Like
  • Sakelaris
    , contributor
    Comments (1856) | Send Message
     
    Russia had to protect its people from the neo-Nazi thugs who had taken over in Kiev.

     

    Keep in mind that the US has been far more active than Russia in actively promoting or tacitly accepting contested border changes or new border creations over the last fifty years, usually accompanied by far more violence than has occurred thus far from the activity of the Russian troops in Crimea. Consider the cases of Yugoslavia and Cyprus.
    20 Mar 2014, 04:48 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11779) | Send Message
     
    Please take your propaganda elsewhere. The Ukraine is not controlled by neo-Nazis and anti-Semites. Likewise, use of force to annex another country against its will is very similar to what Hitler did before starting WWII.
    21 Mar 2014, 03:34 AM Reply Like
  • june1234
    , contributor
    Comments (3256) | Send Message
     
    Except the inconvenient truth is Russian speaking Crimea, a region historically part of Russia, just voted to join Russia, democracy in action. I don't blame em.The Ukraine is a basket case. Its economy on life support ,former president on the run, one of the current candidates for president just got out of prison and while , despite the show in Soshi, things are not so hot in mother Russia where the average salary is $900 a month in a country that sports one of the largest contingents of billionaires on earth they are sure far better than they are in Ukraine , which aint' saying much.
    21 Mar 2014, 04:04 AM Reply Like
  • optionsgirl
    , contributor
    Comments (5040) | Send Message
     
    Moon, I agree with most of what you are saying. Except, there is an active
    very pro-national party called Svobada that is infested with neo-Nazis and
    they have been very vocal and behind demonstrations in Kiev where Nazi flags were hoisted ( among many other symbols and demonstrations of hate). I read that this party represents approximately 30% nationally. Do not underestimate the tone of the current demonstrations. It is the third largest political party in the Ukraine.
    Given the above, it doesn't change Putin's criminality. He's a despot, plain and simple.
    21 Mar 2014, 05:31 AM Reply Like
  • Jimster64
    , contributor
    Comments (11) | Send Message
     
    A vote is not enough...the South voted to break away from the union and weaken our country..Crimea does not have the right to break off from its country.
    21 Mar 2014, 05:06 PM Reply Like
  • Sakelaris
    , contributor
    Comments (1856) | Send Message
     
    Did the world hear any protest from you when the US carved up Yugoslavia into separate nations? Or when US "ally"Turkey carved off one-third of Cyprus? Or when the US carved out a de facto Kurdish nation from Iraq?
    21 Mar 2014, 05:40 PM Reply Like
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