Fitch cuts outlook for Russia\\\'s credit rating

Rating agency Fitch has downgraded the outlook for Russia's credit rating fearing an economic fall-out from the Crimean crisis. Fitch said in a statement released on Friday that it has revised the outlook for Russia's debt to reflect the potential impact of sanctions on Russia's economy. On Thursday, S&P warned of a potential downgrade, too. Russian President Vladimir Putin earlier this week signed the treaty to annex Crimea following a hastily called referendum which overwhelmingly supported that move. The West considers the vote illegitimate, according to AP.