In this week’s bulletin: Better than expected economic data from the US and UK was, once more, overshadowed by the ongoing Eurozone sovereign debt crisis causing equity markets to give ground and end the week mostly lower. Greece’s announcement of…
Tag Archive for G20
US loses triple-A rating
by John Greengrass • • 0 Comments
In this week’s bulletin: For the first time in its history the US lost its AAA credit rating although this was much about political considerations rather than financial stability Spanish and Italian debt worries and the subsequent ECB actions confused…