Sarah Carlson News
-
Turkey’s agreement to import lower- cost oil and gas from Iraq’s Kurdish region could help Prime Minister Recep Tayyip Erdogan cut the nation’s current-account deficit by more than a third.
-
Economists are split on whether Turkish monetary policy is looser or tighter after central bank Governor Erdem Basci cut one of his three interest rates while saying he’d use an experimental tool to manage liquidity.
-
Turkey’s central bank unexpectedly cut the top end of its so-called interest rates corridor and said it’s placing more emphasis on bank reserve requirements to manage capital flows and credit growth.
-
Turkey’s ability to address domestic and external imbalances will determine the country’s positive ratings momentum, Moody’s Investors Service Ltd. said.
-
The cost of insuring Greek debt against default rose to a record after Moody’s Investors Service cut the country’s credit rating by three notches.
-
Moody’s Investors Service said the U.K.’s “strengths” aren’t enough to completely shield its top credit rating from the euro-area debit crisis and the government must stick to its deficit-reduction program.
-
Britain lost its top credit rating by Moody’s Investors Service, which cited weakness in the nation’s growth outlook and challenges to the government’s fiscal consolidation program.
-
Britain lost its top credit rating by Moody’s Investors Service, which cited the continuing weakness in the nation’s growth outlook and the challenges that presents to the government’s fiscal consolidation program.
-
Cyprus’s credit rating was cut three steps to Caa3 by Moody’s Investors Service, citing the government’s projected increased debt load from the need to recapitalize its banking system.
-
The U.K.’s top Aaa rating will be assessed at the beginning of next year as the nation’s economy slows amid government efforts to reduce deficits and Europe’s debt crisis, according to Moody’s Investors Service.
|
|
Most Popular on Bloomberg
|
| |