“Russia is considered more likely to default on its debts than Iraq, Ecuador or Ethiopia after Moody’s slashed the country’s credit rating to the second-lowest rung,” the London Telegraph reports.
Times of London: “President Putin has issued a decree that holders of Russian debt must receive interest payments in roubles, an unpalatable prospect that will do little to stem the flow of western companies leaving the country.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.