27.03.2014 - 3 commodity ETFs surging on Russia sanctions
As Russia took full control over Crimea in the weekend, the situation turned even worse with the U.S. and European Union imposing various tough sanctions against the country. This has raised the possibility for Russia being trapped in recession soon this year, compelling many rating agencies to downgrade their outlook on Russia. This is particularly true as the two major rating agencies – Standard & Poor’s and Fitch Ratings – reduced their credit rating outlook on Russia from stable to negative each......................................Full Article: Source
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