Jeremiah Cornelius's Journal: After MICEX Halt, Russia Downgraded to BBB by Fitch 3
Journal
by
Jeremiah Cornelius
Looks like this was what the Russians were bracing for.
"Russia was downgraded by Fitch this morning from BBB+ to BBB, the second lowest investment grade level. Both the MICEX and the rubble get additional pounding as a result."
http://www.zerohedge.com/article/russia-downgraded-fitch-bbb
The "rubble"? (Score:2)
I see what he did there.
Re: (Score:2)
Re: (Score:2)
In the town of bedrock, they're a page right out of history.