Moody's Warns It May Downgrade Spain

Moody's put Spain's Aaa credit rating on review for a possible downgrade because of flagging economic prospects, challenging fiscal targets and rising funding costs.

Sections:  news   world   business   
Topics:  aaa   credit rating   europe   europe debt   europe debt crisis   moody   spain   
RELATED ARTICLES
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
BING NEWS:
  • Moody's: Lack of war exit strategy weighed on Israel's rating
    On the economic front, Moody’s presented worrying forecasts. The agency cut its growth forecast for 2025 substantially, to just 1.5%, a steep drop from its previous forecast of 4%. The forecast for ...
    10/1/2024 - 12:35 am | View Link
  • "The market sees the war ending soon"
    Talking to "Globes", what Stepak expresses surprise at is actually the fall in yields on Israeli government bonds, despite the double downgrade of Israel’s credit rating by Moody’s on Friday. Stepak ...
    09/29/2024 - 9:40 pm | View Link
  • Moody's cuts Israel's rating, warns of drop to 'junk'
    Moody's on Friday downgraded Israel's credit rating two notches to "Baa1" from "A2" and maintained a negative outlook amid escalation of the conflict in the region with Lebanese armed group Hezbollah.
    09/27/2024 - 11:57 am | View Link
  • Udemy Downgrade: Analyst Warns Of Negative Risk/Reward Profile While Demand Is Weak
    Morgan Stanley analyst Josh Baer downgraded Udemy, Inc. (NASDAQ:UDMY) to Underweight from Equal Weight, lowering the price forecast to $7.50 from $10. The analyst suggests that Udemy’s strategic shift ...
    09/27/2024 - 9:13 am | View Link
  • Thailand risks credit rating downgrade, opposition warns
    Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the ...
    09/25/2024 - 6:36 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News