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Pictures | Tue Jan 27, 2015 | 4:10pm IST

S&P downgrades Russia's sovereign credit rating to "junk"

People walk in the Red Square, with St. Basil's Cathedral (L), the Kremlin's Spasskaya (Saviour) Tower inside a scaffolding and the mausoleum of Soviet state founder Vladimir Lenin (C, front) seen in the background, as it snows in central Moscow January 13, 2015. REUTERS/Maxim Shemetov

People walk in the Red Square, with St. Basil's Cathedral (L), the Kremlin's Spasskaya (Saviour) Tower inside a scaffolding and the mausoleum of Soviet state founder Vladimir Lenin (C, front) seen in the background, as it snows in central Moscow...more

People walk in the Red Square, with St. Basil's Cathedral (L), the Kremlin's Spasskaya (Saviour) Tower inside a scaffolding and the mausoleum of Soviet state founder Vladimir Lenin (C, front) seen in the background, as it snows in central Moscow January 13, 2015. REUTERS/Maxim Shemetov
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