Новости за 27.02.2016

Azerbaijan was cut to junk by Fitch Ratings, which followed downgrades by the other two main credit companies, as the former Soviet Union’s third-biggest oil exporter is expected to see its economy shrink for the first time in seven years amid a collapse in crude. The rating was lowered to BB+ from BBB-, Fitch said in a statement on Friday. Standard & Poor’s and Moody’s Investors Service had cut the country to junk in the past month. “Low oil prices have caused ........

Azerbaijan was cut to junk by Fitch Ratings, which followed downgrades by the other two main credit companies, as the former Soviet Union’s third-biggest oil exporter is expected to see its economy shrink for the first time in seven years amid a collapse in crude. The rating was lowered to BB+ from BBB-, Fitch said in a statement on Friday. Standard & Poor’s and Moody’s Investors Service had cut the country to junk in the past month. “Low oil prices have caused ........

By Christian Lowe MOSCOW (Reuters) - If Azerbaijan's leader Ilham Aliyev is to steer his oil exporting state out of its economic crisis, he will have to show a resolve not in evidence during his privileged upbringing or in the 13 years since he succeeded his father as president. Aliyev, 54, is confronting the biggest crisis of his presidency after the fall in the global price of oil wiped about a third off the value of the national currency, caused a sharp economic slowdown and prompt ........

By Christian Lowe MOSCOW (Reuters) - If Azerbaijan's leader Ilham Aliyev is to steer his oil exporting state out of its economic crisis, he will have to show a resolve not in evidence during his privileged upbringing or in the 13 years since he succeeded his father as president. Aliyev, 54, is confronting the biggest crisis of his presidency after the fall in the global price of oil wiped about a third off the value of the national currency, caused a sharp economic slowdown and prompt ........