Skeptical of Russian data, Western officials judge the Russian economy by looking at Moscow from space. Satellite images tell more about the economy than official data published by Russian officials, writes Business Insider. As Swedish Finance Minister Elisabeth…

Following the downgrade of Russia's sovereign credit rating, Moody's has downgraded the ratings of a number of Russian regions, including Moscow and St. Petersburg, by one notch. The rating action is related to the deterioration of the country's credit rating, according to the agency's website. In total, Moody`s ...