News Tag: nations
March 15, 2010
Moody's Investors Services has today announced the credit ratings of the world’s four largest AAA-rated nations are viewed as safe.
According to Moody’s, the world's four largest AAA-rated sovereign nations, which include Germany, France, the UK and the US are currently "well positioned despite their stretched finances".
In its quarterly report assessing the prospects of the triple A-rated countries, Moody’s said ...
UK and US credit ratings safe for now
by Kay Murchie
October 12, 2009
The Organisation for Economic Co-operation and Development (OECD) has today revealed that the unemployment rate in its member countries has crept up from 8.5% in July to 8.6% in August, up from 6.3% in August 2008.
The OECD, which includes 30 territories such as the US, Australia, Japan, Canada, New Zealand and European countries, is forecasting that the jobless rate could ...
Unemployment rate in OECD countries reaches 8.6%
by Kay Murchie
September 27, 2009
At last week’s G20 summit, the world's leading nations agreed to "tough new regulations".
Following the summit, which took place in Pittsburgh on Thursday and Friday, US President Barack Obama announced that in order to prevent another financial crisis: "We have agreed tough new financial regulations to ensure that the reckless few can no longer be allowed to put the global ...
G20 nations agree to ‘tough new regulations’
by Kay Murchie
June 14, 2009
At a meeting in Italy yesterday for the Group of Eight (G8) industrialised nations, it was acknowledged that there are signs of stabilisation in the world’s leading economies.
G8 ministers said stock markets were rising, interest rates more stable, and consumer confidence was returning.
However, finance ministers reluctantly admitted that the global situation still "remains uncertain” and the ...
G8 nations acknowledge signs of stability in world’s largest economies
by Kay Murchie
October 12, 2008
G7 ministers, which comprise the US, Japan, Britain, Germany, France, Italy and Canada have met in Washington, and issued a five-point plan to unfreeze credit markets.
The nations have pledged to take ‘decisive action and use all available tools‘ to support financial organisations.
The plan is intended to protect major banks and other financial institutions from collapse and ensure they can raise ...
G7 nations reveal five-point plan
by Kay Murchie
