March 4, 2022
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3:11Now PlayingCredit agencies including Moody have downgraded Russia's rating to 'junk' in a move to make borrowing by Russian President Putin much difficult. This comes after Russia continued its invasion of Ukraine for the ninth straight day. Almost all large countries have imposed sanctions on Russia and Putin, some even going so far as to outrightly ban its companies from Russia. The Ruble has fallen and common Russians are having trouble with their finances. Russia has also been thrown out of SWIFT, the international system of money transfer leading to a global freeze of Russian assets. Keep watching to know more! #RussiaNews #UkraineNews #RussiaUkraineWar
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