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Kremlin Accuses U.S of Waging ‘Economic War’ as Fitch Warns of ‘Imminent’ Russian Debt Default


By Nick R. Hamilton

Russia has accused the United States of waging “economic war” in response to Vladimir Putin’s invasion of Ukraine.

The allegations from the Kremlin come as Fitch Ratings has once again slashed its credit rating on Russia.

The American credit rating agency issued a warning that Moscow defaulting on its sovereign debt payments is now “imminent.”

Less than a week after Fitch downgraded its rating on Russia to junk status and put Moscow on “rating watch negative.”

The move came in response to the Kremlin-led invasion of Ukraine….

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