Bipolar ratings for Russian gas giant OAO Gazprom

Discussion in 'Europe and Russia' started by amoy, Feb 4, 2015.

  1. amoy

    amoy Senior Member Senior Member

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    Gazprom given top rating from Dagong|Business|chinadaily.com.cn

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    Russian Oil Giant Gazprom Downgraded By Moody's - Forbes

    One man's medicine can be another's poison.

    If ratings by Moody Fitch and S&P are reliable there would have been no subprime crisis :pound: Agenda driven as usual.
     
    pmaitra likes this.
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  3. pmaitra

    pmaitra Moderator Moderator

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    Standard & Poor ratings are substandard and poorly explained.

    As they say, if you cannot explain it to a layman, you probably don't understand it well yourself.

    Russia's external debt, on the other hand, continues to drop. It was already low to begin with. So, who really cares about creditworthiness? Russia is better off not borrowing from the west.
     
    J20! likes this.

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