Moodys Cuts Russia Credit Rating

Moodys Cuts Russia Credit Rating

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Business

University

Hard

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Japan's Topix index experienced its largest increase in over a year due to a boost in domestic equity holdings by the nation's pension fund, following a three-week decline. Concurrently, two Japanese ministers resigned amid misconduct allegations. In London, home sellers raised asking prices significantly, marking a 7% increase from September. Meanwhile, Moody's downgraded Russia's credit rating due to slow growth and reserve erosion, as sanctions over Ukraine continued to impact the economy. Russia's foreign minister rejected conditions to lift the sanctions after unsuccessful talks in Italy.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for the surge in Japan's Topix index?

Government stimulus package

Boost in domestic equity holdings by the pension fund

Increase in foreign investments

Rise in export demands

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did Japan's Minister of Trade and Industry resign?

Political differences

Health issues

Allegations of misconduct

Retirement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in London home prices from September?

5%

6%

7%

8%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for Moody's downgrade of Russia's credit rating?

Increase in national debt

Sluggish growth prospects and erosion of reserves

Political instability

Decline in oil prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the outcome of the talks in Italy regarding Ukraine?

Partial agreement on trade

Extension of sanctions

Successful resolution of sanctions

No breakthrough achieved