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On Tuesday, the Moody’s international ratings agency stripped France of its triple A rating, replacing it with AA1, and saying that it would keep a negative outlook on France.
In January, Standard & Poor’s downgraded France’s top AAA rating by one notch.
At the same time, the minister expressed hope that the French economy would grow by 0.8% next year despite doubts by Moody’s experts.
Voice of Russia, RIA
The fire at the test site and ammo depot in Samara region has been contained and is on the wane, announced Deputy Chief of the Russian Emergencies Ministry department in Samara region Andrei Babintsev.
US President Barack Obama has arrived in Berlin at the start of a visit during which he will address crowds at the city's famous Brandenburg Gate and hold talks with Germany's chancellor, Angela Merkel.
The story line is beginning to sound familiar, too familiar. Young intelligent individual with high moral ideals attempts to expose the egregious clear and unarguable criminality of the U.S. Government, a government which is out of control and trampling on the rule of law and the rights of people worldwide, only to be villainized and forced to seek refuge and protection in a foreign country.
Michael Hastings, the man responsible for getting NATO General Stanley McChrystal fired from his job, was killed yesterday. Thirty-three year old Hastings died early on Tuesday morning, with his employer, BuzzFeed, a news site, confirming his death. The Rolling Stone interview with the officer in Afghanistan led to the termination of his job.
US President Barack Obama has arrived in Berlin at the start of a visit during which he will address crowds at the city's famous Brandenburg Gate and hold talks with Germany's chancellor, Angela Merkel.
UN Secretary General Ban Ki-moon met Chinese UN peacekeeping troops ahead of talks with Chinese leaders expected to focus on North Korea, Syria and other international issues.
The Taliban on Wednesday claimed responsibility for an attack in Afghanistan overnight that killed four US troops, just hours after Washington said its officials would met the insurgents for talks.
The death toll from flash flooding triggered by early monsoon rains has risen to 120 in northern India, officials said Wednesday.
The body of Ibragim Todashev, a man of Chechen origin who has lived in the US and who has been killed by FBI agents during a gun battle, was flown home to Russia.
Montana authorities have vowed to look into Russia’s reports about several Russian orphans being locked up at a local respite care home for “troubled children” in Montana, US. Now the Montana Supreme Court is to probe the case starting June 26, US State Department of Labor and Industry spokeswoman Casey Kyler-West told reporters Wednesday.
The fire at the test site and ammo depot in Samara region has been contained and is on the wane, announced Deputy Chief of the Russian Emergencies Ministry department in Samara region Andrei Babintsev.
Eleven people have been injured in explosions of projectiles at a range in Chapayevsk, the Samara region. Police are evacuating the people from communities located in the depot's vicinity. (VIDEO)
At the G8 summit in Northern Ireland, the United States and the European Union have launched talks on Monday to what could become the biggest bilateral trade deal in history. British Prime Minister David Cameron said it was ‘a once-in-a-generation prize’, which they were determined to seize. US President Barack Obama announced that talks on a trans-Atlantic trade and investment deal would begin in Washington next month. While the EU leaders admit the negotiations will be difficult, they believe the agreement could be reached within two years. For more on the news we are joined by Patrick Young, Leading Expert on Financial Markets and the Founder and Chairman of Derivatives Vision, a securities exchange advisory and media company.
Group of Eight leaders said on Monday that world economic prospects remained weak even though downside risks have lessened due partly to policy action taken in the United States, the euro zone and Japan.
Experts, who’ve been invited to attend the 17th annual St. Petersburg International Economic Forum, SPIEF, believe that this kind of forum has a decisive influence on the development of global economy, as well as the global political processes.
The Fitch rating agency is concerned about the unregulated part of the Chinese banking sector. The so-called “shadow banks” pose systemic risks for the country’s economy.
The Iranian economy is experiencing severe stress caused by the international sanctions against Tehran. An unofficial estimate of the Iranian inflation rate is almost three times the official annual inflation figure.
The foreign exchange market is now in the crosshairs of the global financial regulators in the aftermath of the rate-rigging scandals in currency rates and interest rates markets.
A society that persecutes its people for dissent will never be successful, Germany's foreign minister Guido Westerwelle has said at the Global Media Conference in Bonn, slated for June 17 to 19.
With 1.1 million new refugees in 2012, the total number of people who were forced to flee their homes around the world reached a record 45.2 million, according to statistics released by the United Nations High Commissioner for Refugees (UNCR) Wednesday, which is the highest number recorded for the last 18 years.
The story line is beginning to sound familiar, too familiar. Young intelligent individual with high moral ideals attempts to expose the egregious clear and unarguable criminality of the U.S. Government, a government which is out of control and trampling on the rule of law and the rights of people worldwide, only to be villainized and forced to seek refuge and protection in a foreign country.
Obama to propose nuclear weapons cuts
