AP
Spain's Bankia asks for $24B in state aid
MADRID (AP) -- Spain's troubled bank, Bankia, asked the Spanish government for (EURO)19 billion ($23.8 billion) in financial support on Friday, the day that a leading credit rating agency downgraded it to junk status....
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National Post
Mortgage debt 'stretching Canadian households thin,' rating agency warns
Canadian credit rating agency DBRS adds its voice to the growing chorus of concern over Canada's housing market
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BBC
Japan downgraded on debt concerns
Japan's credit rating is downgraded by two levels by credit rating agency Fitch on concerns about the country's high levels of debt.
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CNN
Spain faces bank concerns after downgrade
Spain's government is expected to call for calm Friday, a day after rating agency Moody's downgraded 16 Spanish banks in the latest sign of distress in Europe.
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Washington Post
Euro zone crisis hits markets
ATHENS — Europe’s economic woes escalated Friday as fears mounted over troubled Spanish banks and after the credit rating agency Fitch further downgraded Greece’s debt, citing heightened concern the country may be forced to leave the euro.
Read full article >>
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The Guardian
Moody's downgrades Santander UK along with 16 Spanish banks
Shares in Bankia, Spain's fourth largest lender, also tumble as rumours spread of depositors withdrawing fundsThe credit rating agency Moody's has downgraded 16 Spanish banks along with Santander's UK arm, citing the Spanish government's reduced ability to shore up the banks.Santander UK, whose rating was lowered to A2 – a notch higher than its Spanish parent – insisted there was no impact on i...
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FT
Rating agency reform: think again
The suggestion is that information disclosed to the big agencies should be restricted, making it easier for new entrants to compete in the rating business
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Hindustan Times
Govt in action after Rs knock
The finance ministry on Thursday made a strong pitch about India’s robust macro fundamentals as the US credit rating agency began consultations ahead of sovereign ratings revision with fresh question marks looming over the economy hit by a sliding rupee, galloping prices and delicate government finances. HT reports.
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FT
Banks are short $566bn, says Fitch study
Rating agency suggests 29 ‘global systemically important financial institutions’ face hurdles if they are to meet the tougher Basel II standards
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THE GLOBE AND MAIL
Video: Italy's banks under pressure
Italian banks look set to face more difficulties in raising funds after rating agency Moody's carried out a mass downgrade of 26 lenders.
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Al Jazhera
Moody's downgrades 26 Italian banks
Credit rating agency says move prompted by economic recession and government austerity measures that have hurt demand.
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Times of India
Moody’s downgrades LIC, ICICI, Axis and HDFC Bank
Rating agency Moody’s has downgraded four financial institutions—Life Insurance Corporation, ICICI Bank, HDFC Bank and Axis Bank—following a change in its credit assessment.
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USA Today
Moody's downgrades credit of 26 Italian banks
Rating agency says banks are suffering because Italy is back in recession and government austerity measures are cutting demand for loans.
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Fortune
Fitch downgrades JPMorgan Chase
The closing bell brought no relief for JPMorgan Chase on Friday, as a major credit rating agency moved to downgrade its debt almost exactly 24 hours after the bank revealed a $2 billion trading loss.
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The Jerusalem Post
Moody's downgrades Israel's banking outlook
International credit rating agency predicts economic slowdown, pessimistic about security; BOI says it will review report.
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Reuters
Morgan Stanley outlines downgrade costs
(Reuters) - Morgan Stanley said on Monday that credit rating agency downgrades of its long-term debt would have required the company to provide additional collateral and make termination payments under derivatives contracts ranging from $868 million to $7.2 billion as of March 31.
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BBC
Greek debt rating raised by S&P
Greece has its government debt rating raised out of default by the credit rating agency Standard & Poor's.
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BBC
Greek debt rating raised by S&P
Greece has its government debt rating raised out of default by the credit rating agency Standard & Poor's.
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Irish Times
S&P warns No vote could hit rating
IRELAND COULD see its cost of borrowing soar once more if the referendum on the fiscal treaty is defeated, rating agency Standard Poor’s warned yesterday, noting there was a one-in-three chance Ireland would be downgraded again.
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Irish Times
S&P warns No vote could hit rating
IRELAND COULD see its cost of borrowing soar once more if the referendum on the fiscal treaty is defeated, rating agency Standard Poor’s warned yesterday, noting there was a one-in-three chance Ireland would be downgraded again.
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siliconindia
GAAR Adding Anxiety to Investors Confidence: ICRA
The concerns surrounding the proposals of General Anti Avoidance Rule (GAAR) has added anxiety to the general "lack of confidence" in the investment climate in India, a top official of rating agency ICRA said.
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FT
S&P downgrades Spain to triple B plus
The rating agency also expects the country’s economy to contract by 1.5 per cent in real terms during 2012 and by 0.5 per cent in 2013
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Hindustan Times
'Govt holding up India growth story'
US credit rating agency Moody's on Wednesday hit the Indian government hard for not doing enough on the reforms front. It said, "The single biggest factor weighing on the (economic) outlook is the Indian government." HT reports.
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Huffington Post
Detroit Financial Advisory Board A 'Credit Positive,' Says Moody's
A month after Moody's Investors Service downgraded more than $2.5 billion of Detroit's debt to below investment grade, the city is still under review for further hits to its credit score. But an analysis released by the rating agency on Monday did say that the signing of a consent agreement creating a financial advisory board to oversee city finances was a "credit positive" for Detroit."The agr...
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China Daily
Fitch reaffirms China's foreign currency rating at A+
Rating agency Fitch reaffirmed China's foreign currency rating at A+ with a stable outlook on Wednesday.
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China Daily
Fitch reaffirms China's foreign currency rating
Rating agency Fitch reaffirmed China's foreign currency rating at A+ with a stable outlook on Wednesday.
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The Nation
Pacra maintains PARL ratings
LAHORE – The Pakistan Credit Rating Agency (PACRA) has maintained long term and short term entity ratings of Pak-Arab Refinery Limited at “AAA” (Triple A) and “A1+” (A One Plus) respectively. The ratings denote the lowest expectations of credit risk emanating from an exceptionally strong capacity for timely payment of financial commitments, says a press release.
The ...
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politico
POLITICOs win WHCA journalism awards
The White House Correspondents’ Association has announced the winners of its 2012 journalism awards, to be presented at the Washington Hilton on April 28, 2012.
POLITICO's Glenn Thrush, Carrie Budoff Brown, Manu Raju and John Bresnahan have been named winners of the Merriman Smith award for "excellence in presidential coverage under pressure" in the print category. ABC White House correspondent...
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Times LIVE
ANC's loose talk has contributed to ratings downgrades
The Times Editorial: Standard & Poor's yesterday became the third rating agency in four months to downgrade its outlook on South Africa to negative from stable.
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Telegraph
Elgin gas leak in North Sea could cost Total £4.8bn
The gas leak from Total's Elgin platform in the North Sea could cost the French oil giant €5.7bn (£4.8bn), credit rating agency Fitch said.
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Daily Mail
TAKING STOCK: We should not get hung up if Britain loses its AAA rating
There was much wailing and gnashing of teeth last week when credit rating agency Fitch said it was placing Britain's sovereign debt on 'negative outlook', a phrase that means there is a real chance of it being downgraded from its triple-A rating.
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Irish Times
Ireland likely to need second bailout, rating agency warns
Ireland is likely to need a second bailout when its current aid program ends, rating agency Moody’s warned today.
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Irish Times
Ireland likely to need second bailout, warns rating agency
Ireland is likely to need a second bailout when its current aid program ends, rating agency Moody’s warned today.
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USA Today
Rating agency Moody's downgrades Greece
Rating agency Moody's downgraded Greece on Friday to the lowest rating on its bond scale, following concerns of high risk of default.
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Mail & Guardian
Borrowing costs to increase
South Africa’s R3.2-trillion infrastructure stimulus could come at a hefty price after Moody's credit rating agency downgraded the big five banks.
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Irish Times
Moody's downgrades six EU states, warns three others
Rating agency Moody's downgraded six European nations including Italy, Spain and Portugal, citing growing risks from Europe's debt crisis and warned it may cut the triple-A ratings of France, the United Kingdom and Austria.
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AllThingsDigital
Motorola: Act Now and We'll Include the Previous Owner's Personal Data on Your Refurbished Xoom FREE!
Motorola sells a bunch of refurbished Xoom tablets without wiping them of their previous owners' data.
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BnAmericas
Infrastructure - Mexico - Local market must diversify financing options - analyst
The Mexican infrastructure market needs to diversify its options for project finance, Mónica Ponce, a credit analyst at rating agency Standard & Poor's, told BNamericas.
The current economic climat...
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Reuters
S&P downgrades euro zone rescue fund
BRUSSELS (Reuters) - U.S. rating agency Standard & Poor's cut its credit rating of the euro zone's EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default.
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AP
S&P downgrades eurozone bailout fund to AA+
BRUSSELS (AP) -- Rating agency Standard & Poor's said Monday it has downgraded the creditworthiness of the eurozone's rescue fund by one notch to AA+, putting the fund's ability to raise cheap bailout money at risk....
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THE GLOBE AND MAIL
Competitive divide key to Europes woes, S&P says
As German leader Merkel calls for tough measures, rating agency warns fiscal austerity alone would risk becoming self-defeating
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USA Today
Standard & Poor's defends mass European downgrade
The rating agency says that European leaders aren't doing enough to solve the debt crisis.
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Times of India
Standard and Poor's downgrades France, Italy, 7 other eurozone nations
Rating agency Standard and Poor's (S&P) has lowered the sovereign ratings of nine eurozone countries, including France and Italy, a move that reignited concerns over the fiscal sustainability of the region.
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The Jerusalem Post
S&P downgrades ratings of 9 euro zone countries
France suffers 1-notch downgrade; Portugal, Italy, Spain, Cyprus drop 2 notches by Standard & Poor's rating agency.
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news.com.au
Fitch warns may downgrade EFSF
RATING agency warns that the eurozone's new bailout fund could lose its triple-A debt status if its main sponsors France and Germany do.
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CNN Money
Will S&P leave rating cut in France's stocking?
The S in S&P stands for Standard. But it might as well be Scrooge if the credit rating agency goes ahead and downgrades the sovereign debt of France and other European nations in the next few days.
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Daily Mail
Solution to eurozone debt crisis is 'beyond the region's reach', warns rating agency... as France told AAA-rating could be cut
The warning has heightened pressure on leaders, such as French President Nicolas Sarkozy (pictured) to get to grips with the turmoil.
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Irish Times
Fitch warns euro solution 'beyond reach'
The credit rating agency Fitch has told euro zone countries it believes a comprehensive solution to their debt crisis is beyond reach, putting six euro zone economies including Ireland and Italy on watch for potential downgrades in the near future.
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New York Times
Moody's Warns of Possible Downgrade to Some Euro Zone Economies
The rating agency said Europe's debt crisis remained at a "critical and volatile stage" even after a summit meeting produced an agreement to strengthen political ties.
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Irish Times
Belgium faces uphill task as it pays record interest rate to sell debt
THE TASK facing incoming Belgian prime minister Elio Di Rupo was underlined yesterday as the country paid a record interest rate to sell debt, an auction that followed a downgrade by rating agency Standard Poor’s.
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THE GLOBE AND MAIL
Ratings agency Fitch issues warning for U.S. banks
Rating agency says it may reduce stable outlook over exposure to European debt
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THE AUSTRALIAN
US banks have $50bn crisis risk
RATING agency Fitch has warned that top US banks have a $50bn exposure to the spread of the eurozone crisis.
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# |
Countries |
MIX |
| 1 | United States | 5.125 |
| 2 | United Kingdom | 0.625 |
| 3 | South Africa | 0.260 |
| 4 | Canada | 0.240 |
| 5 | India | 0.230 |
| 6 | Russia | 0.160 |
| 7 | Finland | 0.100 |
| 8 | Australia | 0.100 |
| 9 | China | 0.060 |
| 10 | Indonesia | 0.040 |
| 11 | Turkey | 0.025 |
| 12 | Ireland | 0.020 |
| More Countries >> |
# |
Media |
MIX |
| 1 | CNN | 4.000 |
| 2 | CNBC | 0.500 |
| 3 | BBC News | 0.375 |
| 4 | foxnews | 0.300 |
| 5 | CNBC Africa | 0.260 |
| 6 | WALL STREET JOURNAL India | 0.210 |
| 7 | Interfax | 0.160 |
| 8 | The mirror | 0.150 |
| 9 | Houston Chronicle | 0.140 |
| 10 | economist | 0.100 |
| 11 | Sydney Morning Herald | 0.100 |
| 12 | Kauppalehti | 0.100 |
| 13 | Business News Network BNN | 0.080 |
| 14 | National Post | 0.080 |
| 15 | CBC | 0.080 |
| 16 | businessweek | 0.070 |
| 17 | HUANQIU SHIBAO (GLOBAL TIMES) e | 0.060 |
| 18 | The Jakarta Post | 0.040 |
| 19 | Kansas City Star | 0.040 |
| 20 | San Diego Union-Tribune | 0.040 |
| More Media >> |
# |
Languages |
MIX |
| 1 | English | 6.660 |
| 2 | Russian | 0.160 |
| 3 | Finnish | 0.100 |
| 4 | Indonesian | 0.040 |
| 5 | Turkish | 0.025 |
| 6 | German | 0.000 |
| 7 | Chinese | 0.000 |
| 8 | Korean | 0.000 |
| 9 | Dutch | 0.000 |
| 10 | Polish | 0.000 |
| 11 | Zulu | 0.000 |
| 12 | Portuguese | 0.000 |
| 13 | Spanish | 0.000 |
| 14 | Japanese | 0.000 |
| 15 | Romanian | 0.000 |
| 16 | Bengali | 0.000 |
| 17 | Greek | 0.000 |
| 18 | Malayalam | 0.000 |
| 19 | French | 0.000 |
| 20 | Italian | 0.000 |
| More Languages >> |
# |
Lists |
| 1 | Micro Economic words |