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Fitch, S&P and Moody’s are going to get another competitor
26 November, 2012 00:00

Fitch, S&P and Moody’s are going to get another competitor

In the market of rating agencies there will be a new player. This will be a joint agency of China, the US and Russia. Russia will be represented by the agency of Rus Rating, China – by Dangong Global Credit, and the US – by Egan-Jones, which is already known for its harsh decisions.

Moody's Investors Service downgraded France
20 November, 2012 00:00

Moody's Investors Service downgraded France

Moody's no longer considers bonds of France reliable, and thus downgraded the country's rating to "Aa1". S & P agency reviewed its attitude to France back in January this year, and now it turns out that of the "big three" rating agencies, there is only Fitch that maintains its rate in relation to Paris at 'AAA'.

Has Soros put a stake at the gold once again?
16 November, 2012 00:00

Has Soros put a stake at the gold once again?

Three well-known billionaires - investors John Paulson, Louis Moore Bacon and George Soros on the background of gold rising till the two-year highs in the third quarter of this year, have expanded the size of their stock assets affiliated with the "yellow metal".

Bank of China may start to replenish gold reserves
13 November, 2012 00:00

Bank of China may start to replenish gold reserves

China lags far behind America in terms of gold reserves, and probably soon China's central bank will start to replenish their reserves, said David Gornol, head of the London Bullion Market Association.

Fearing "fiscal cliff" the market volatility will go off-scale
09 November, 2012 00:00

Fearing "fiscal cliff" the market volatility will go off-scale

According to Neil Kashkari, a gloal strategist at PIMCO, major bond fund, the market volatility will be greatly increased by the end of this year, because the US Congress is delaying a decision on the "fiscal cliff".

Technical default is the USA threat
02 November, 2012 00:00

Technical default is the USA threat

As the USA administration reported, America can to become on the verge of technical default till the end of 2012. However, the government is confident of being able to avoid such problems and to enter the next year with dignity.

Unemployment in the US rose in October to 0.1%
02 November, 2012 00:00

Unemployment in the US rose in October to 0.1%

At the end of October this year, unemployment rate in the United States increased by 0.1% and reached 7.9%, as reported by experts of the US Labor Department. Expectations regarding the unemployment rate were on the same level of 7.9% were. This year in September this figure was at 7.8%.

"Sandy" hurricane can cost $20 billion
30 October, 2012 00:00

"Sandy" hurricane can cost $20 billion

US East Coast is struggling with the elements. Hurricane has stopped Exchange house, flights are canceled in airports, 250 thousand people are still without light in Manhattan.

Was Ben Bernanke asked to go out?
26 October, 2012 00:00

Was Ben Bernanke asked to go out?

According to the famous publicist – Steve Forbes, the best gift for Christmas for the economy of America will be Ben Bernanke fired by the end of the year, the current president of the US Federal Reserve.

The European Stability Mechanism officially started its activities the other day
09 October, 2012 00:00

The European Stability Mechanism officially started its activities the other day

A new financial structure - the European Stability Mechanism (ESM) officially began its work in Europe. The statement was made by the head of the Eurogroup Jean-Claude Juncker after a conference in Luxembourg.

The European Central Bank did not change the base rate
04 October, 2012 00:00

The European Central Bank did not change the base rate

As a result of the next meeting, which was held on Thursday, the European Central Bank left its benchmark interest rate unchanged at 0.75%.

Financial markets review
26 September, 2012 00:00

Financial markets review

European stock markets ended the trading session on Tuesday with a slight increase against the background of positive statistics on the US leading indicators and consumer confidence, there is a hope that Spain will take the help of the EU. But, in general, the picture remains unstable and ambiguous, causing rapid rise and fall of optimism.