EFTA Document EFTA01447871

Russian stocks traded in New York fell the most in more than two weeks after Obama's announcement. The Bloomberg Russia- U.S. Equity index of the most-traded Russian shares in the U.S. dropped 3.3 percent to 80.10 at 4 p.m. in New York. standard & Poor's cut its outlook for Russia to negative because of the risks posed by the conflict, affirming Russia's credit rated at BBB, the second-lowest investment grade. Russia's Reaction Kremlin spokesman Dmitry Peskov said Russia was surprised by