Fitch Ratings has downgraded Russia’s credit rating, citing a “severe shock” to fundamental conditions due to its invasion of Ukraine. Fitch says the war has raised risks to financial stability and could undermine Russia’s ability to service its debt.
The Stockholm-based group said Wednesday that it was “deeply concerned about the tragic developments in Ukraine and stand with all the people who are suffering.” It added that it was “in dialogue with all relevant stakeholders.”
The EU Commission has already promised at least 500 million euros in humanitarian aid for the refugees. Johansson said the bloc will need funding and equipment.LONDON — Fitch Ratings has downgraded Russia’s credit rating, citing a “severe shock” to fundamental conditions due to its invasion of Ukraine.Fitch said the war has raised risks to financial stability and could undermine Russia’s ability to service its government debt.
The IPC now joins sports like soccer, track, basketball, hockey and others that have imposed blanket bans on Russians and Belarusians.SEOUL, South Korea – A South Korean pharmaceutical company manufacturing Russia’s COVID-19 vaccine says it’s bracing for business complications as the U.S.-led West escalates sanctions against Russia over the invasion of Ukraine.
GL Rapha also has an agreement with RDIF to produce 150 million shots of the two-dose Sputnik V and is participating in a consortium of South Korean companies that has been contracted to produce another 500 million doses of Sputnik V, but these shots haven’t been produced yet. The UAE, like other Gulf Arab states, does not recognize individuals fleeing war and has not permitted refugees from Syria, Iraq and other wars to seek asylum or seek resettlement.
“In Kharkiv and other cities and towns in Ukraine, missiles, shells and rockets are hitting residential buildings and town centers, killing and injuring innocent civilians — women, men and children alike,” it said. The tally from UNHCR amounts to more than 2 percent of Ukraine’s population on the move in under a week. The World Bank counted the population at 44 million at the end of 2020.
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