Tag Archive for G20

G20 summit in Cannes proved a damp squib

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…

US loses triple-A rating

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…