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Russia and US: Outraged by the Rating Agencies

Editorial, The Moscow Times | August 11, 2011

Russia and the US have disagreed on several issues recently, such as the US' imposition of travel restrictions on some Russian officials in response to a controversial human rights case, and by a US Senate resolution urging Russia to "withdraw troops from Georgia's breakaway regions". ++ But both states are similarly infuriated by credit rating agencies. ++ The "real tragedy" is that in the past, investors could leave Russia for greener pastures, but with the current instability of the US, investors worldwide have no "friendlier markets" to escape to.

 

 
Tags: | US debt | Russia |
 
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