MOSCOW (AP) — The Standard & Poor's credit agency on Friday cut Russia's credit rating for the first time in more than five years, citing the capital flight and risk to investment in the wake of the Ukraine crisis.
By Christopher Alessi and Monica Raymunt BERLIN (Reuters) - In Berlin's immaculate Treptow Park, a towering statue of a Soviet solder holding a German child on his arm and stamping on a Nazi swastika reminds Germans of the debt they owe Russians. Willie Kern, a pensioner visiting the poignant memorial to the 80,000 Red Army soldiers killed in the battle of Berlin in 1945, looks at the well-tended gardens there and says he views Russian President Vladimir Putin as a dictator. Yet Germany should hold back in punishing Russia too harshly for its annexation of Crimea and for the increasingly violent crisis in eastern Ukraine, he says. "The aggression against Russia always comes from the West, Germany should exercise restraint," said Kern, adding Germany's place is between the United States and Russia.
In a lifetime of fishing for winter steelhead on Oregon's Alsea River, Stan Steele has seen it get harder and harder to hook into hatchery-bred fish. Instead, he has found he is more likely to hook the wild variety, whose numbers have declined.