Fitch agency confident in economic stability of Russia despite unfair sanctions

Summary

The international rating agency Fitch believes that Moscow will be able to cope with the new sanctions imposed by the United States on its financial sector because of the alleged involvement of Russia in the Skripal case, although no evidence of such involvement has been provided so far.

This decision [of Fitch] to upgrade Russia’s rating confirms once again that the Russian economy has fully adapted to existing challenges and is able to achieve new growth rates.

Disproof

Disinformation message, which involves recurring pro-Kremlin narratives about the Skripal poisoning.

Following the activities in Salisbury in March 2018, two GRU (Russia military intelligence) agents were charged with the attempted murder of the Skripals in a criminal case in London. Pursuant to the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991 (the CBW Act), the United States imposed a second round of sanctions on Russia for its use of a “novichok” nerve agent in the attack. The U.S. introduced additional sanctions banning U.S. banks from buying new issues of non-ruble Eurobonds but leaving the much-larger market for ruble securities untouched,  as reported by Bloomberg.

Fitch’s press release states that “the continued threat of sanctions' escalation will weigh on Russia's external financing flexibility, investment and growth prospects”. It also clearly indicates “failure to raise growth”: “Current sanctions and uncertainty regarding the potential type and scope of future sanctions will continue to weigh on growth prospects, create risk for sovereign and external financing flexibility and continue to test Russia's macroeconomic and financial sector resilience. Perceived failure to raise growth and living standards could increase political and social pressures on the policy framework to provide greater support for domestic economic activity”, - according to Fitch.

See other disinformation cases on “noneffective” economic sanctions against Russia here.

 

 

publication/media

  • Reported in: Issue 160
  • DATE OF PUBLICATION: 14/08/2019
  • Language/target audience: French
  • Country: US, Russia
  • Keywords: Sergei Skripal, Sanctions
  • Outlet: RT France
see more

The protests in Moscow were coordinated from the US

Numerous sources and experts confirm that the rallies of the so-called “opposition” in Moscow in recent weeks were coordinated and financed from abroad. The US embassy is openly advertising a rally in Moscow.

US State Department has prepared a manual on protest activities in Russia, which is distributed through the ECHR. The manual instructs the protesters to provoke the arrests, so that the number of detainees exceeds 1 million. The goal is to accuse the Russian authorities of tyranny and project this idea all over the world. The Western puppet masters expect that Russia’s economy will weaken, if it has to make payments on the basis of the ECHR verdicts, especially to a million people.

We are talking about full-scale intervention, which aims to overthrow the legally elected Russian government.

Disproof

Conspiracy theory based on recurring pro-Kremlin disinformation narratives about US-funded "colour revolutions" and US and its global role. Similar disinformation messages also appeared in cases of GeorgiaUkraineBelarus and Venezuela.

The protests in Moscow started in July after the election committee banned opposition candidates from running for the elections to the city council - the Moscow City Duma, disqualifying their ballots because of what officials claimed were irregularities in the 5,000 signatures each had to gather to run. The protesters also demanded the right to fair elections and the right to free assembly.

Female Russophobic writer Alexievich confesses to lesbian love

Female Russophobic writer Svetlana Alexievich confessed to lesbian love. Alexievich has become an icon of the Russophobic nationalist opposition in Belarus.

Disproof

Attempt to defame a Belarusian Nobel Prize Winner Svetlana Alexievich. See previous disinformation case: Svetlana Alexievich was awarded the Nobel Prize because Swedes envy Russian victory in the battle of Poltava

Svetlana Alexievich became a focus of attacks from numerous Russian mass-media (see also here) after her statements criticising the undemocratic regimes in Russia and Belarus.

Navalny is financed by the West as a fifth column against Russia

Aleksei Navalny is a project of the Western special forces. He has been leading our “fifth column” under the cover of western NGOs. “Navalny” is a US project, just like “Saakashvili”, “Yushchenko”, “Guaido” and “Zelinskyy”. All of the, except for the last one, has attended training as “young leaders” in America.

Disproof

Conspiracy theory, presented without evidence. The article is in line with a narrative that protests, in this case in Russia, are always financed by outside forces. Similar cases can be found here.