Britain's AAA credit rating was thrown into doubt after the ratings agency Moody's said the ongoing euro crisis and a credit squeeze on the banking sector put the country at a higher risk of defaulting on its debts.Moody's credit agency has cut the credit ratings of nine European countries including the U.K.
February 15, 2012
February 14, 2012
Greece still to convince Europe over rescue deal
(Reuters) - Europe gave Greece until Wednesday to convince skeptical international creditors that it would stick to the punishing terms of a multi-billion-euro rescue package, endorsed by parliament as rioters torched downtown Athens.
February 13, 2012
Wayne Swan Says Global Slowdown Affecting Australian Economy
Feb. 13 (Bloomberg) -- Australia’s economy, buoyed by demand from China for iron ore and coal, is feeling the impact of a global slowdown as employers defer hiring new workers on European uncertainty, Treasurer Wayne Swan said.
February 11, 2012
Obama to meet Italian PM on euro crisis
WASHINGTON: Barack Obama turns his focus Thursday to a crisis that could conceivably end his presidency, but over which he has little control, welcoming Italy's Prime Minister Mario Monti for Europe debt talks.
February 10, 2012
Euro debt crisis weighs on insurers' 2011
LONDON (Reuters) - Near-record catastrophe claims, the euro zone debt crisis and low interest rates are likely to result in mostly weaker 2011 profits for European insurers.
Subscribe to:
Posts (Atom)