S&P Dims Outlook on Russia to 'Negative' on Geopolitical Jitters

Hours after President Obama threatened to sanction key sectors of Russia’s economy, Standard & Poor’s downgraded its outlook on Russia on Thursday to “negative” amid fears over the economic fallout of the deteriorating geopolitical situation. The move by the ratings company underlines the financial ramifications of Moscow’s annexation of Crimea, which has slammed Russia’s equity […]

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"The Government Comes Up With the Money"

I’m half-heartedly watching the State of the Union address right now. What a cynic I’ve become. My younger self would be shocked and saddened to learn how I’ve come to view these annual addresses as little more than a game of charades. The President (not just Obama, but his predecessors, too) reads a carefully and […]

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