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Moody's downgrades Russia's credit rating close to default.

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Rating agency Moody's expects the Russian economy to shrink by 7% in 2022 and decline further in 2023.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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