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S&P downgrades Russia's rating closer to debt default.

by The Kyiv Independent news desk March 18, 2022 10:24 AM 1 min read
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The rating agency lowered Russia's rating from CCC- to CC as Russia struggles to pay its debts on its Eurobonds. Sanctions have reduced the country's available foreign exchange reserves and restricted its access to the global financial system.

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1:10 AM  (Updated: )

Russia attacks supermarket in Kharkiv, injures 14.

The attack damaged a supermarket, multistory apartment buildings, commercial facilities, and cars. At least 14 people were wounded, including four police officers, Kharkiv regional police reported.
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