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Moody's downgrades Russia debt to 'junk' level

3 years, 7 months ago
WASHINGTON: Moody's cut Russia's debt rating by one notch into 'junk' territory Friday, saying the Ukraine crisis and the fall in oil prices and the ruble will further undermine Russia's economy.

Pakistan fuel crisis weighing on credit worthiness: Moody's

3 years, 8 months ago
ISLAMABAD: Pakistan's ongoing fuel shortage that has led to worsening power blackouts is weighing on its credit worthiness and hindering its ability to meet key reform targets laid out by the IMF, ratings agency Moody's warned Monday.