Greece to vote on tough salary, pension cuts
Fp Archives • 13 years agoThe parliamentary vote comes a day after the Standard & Poor's ratings agency downgraded Greece's credit rating to "selective default" over a debt writedown deal with private creditors that is an integral part of the second bailout.
India might profit from US downgrade as haven for fleeing capital
Choudhury • 14 years ago'Volatility is back for a while but Chinese, Indian and Latin American equities are now more attractive investment destinations than those in the West.'
It's not Lehman again; but world will have to shuffle its money
Madan • 14 years agoUnlike 2008, when the world did not know what harm lurked beneath the Lehman crisis, this time we know what the problems are. But with the world's biggest Triple A economy downgraded, money managers have their work cut out.
Timothy Geithner: There was never any risk that the US would not meet its debt
Fp Staff • 14 years agoUS Treasury Secretary Timothy Geithner lashed out at S&P, stating that the move to downgrade the US shows a terrible lack of judgement.