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The interest rate cut comes as central banks around the world are rushing in the opposite direction

Fisheye and Aerial View of Beijing Skyline at Night

Moody's cuts expectations amid ongoing headwinds

eavy clouds bringing thunder, lightnings and storm

Economic, financial fallout from Russian invasion is driving increased risks

Russian Ukraine conflict concept

European regulators set expectations for investment funds and issuers amid the conflict

stock market down

Trading was under heavy restrictions after the month-long shutdown

oil pump

War impacts on other exports and higher costs for consumers will likely cancel out any benefits, a CIBC report says

  • By: IE Staff
  • March 21, 2022 March 21, 2022
  • 15:31
foreign country with stock market data

The country has about $40 billion in foreign currency debt

A global network of investment points

Higher energy and transportation costs, materials shortages threaten recovery, Moody's says

Russian Ukraine conflict concept

Selling Russian assets can be difficult amid sweeping restrictions

markets

ETF expert Daniel Straus likens the delisting to "what would happen to your holdings in a single company if it suddenly went bankrupt"