The president said such an agency would be highly expedient, since the United States-controlled international rating agency were too biased.…Ya think?
Russia’s would-be rating agency should be really independent and enjoy confidence of all market players, Russian President Vladimir Putin said on Monday.
"It should be a really independent agency, which would enjoy confidence of all market participants," Putin said at a meeting with Russian Central Bank governor Elvira Nabiullina.
The president said such an agency would be highly expedient, since the United States-controlled international rating agency were too biased. "I remember our discussion with the former leaders of the European Commission when they expressed indignation at the actions of our American partners, saying that many assessments given by international, but in fact American, rating agencies are not objective," Putin said. "I remember only too well their indignation at such state of things. And back then, they said they would establish their own, additional, independent agencies. Russia must look at that too."…China is developing its own rating agency, too. Lots of people are getting fed up with the antics.
TASS
Putin: Russia’s would-be rating agency should be really independent
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