S&P cuts Venezuela's foreign currency rating
President Nicolas Maduro
Washington - Muslimchronicle
Standard & Poor's on Friday reduced Venezuela's long-term foreign currency rating to "CC" from "CCC-" anticipating probable default after President Nicolas Maduro announced restructuring of the nation's debt.
The decision followed a similar one from fellow ratings agency Fitch, which cut the long-term debt rating to "C" from "CC" based on the announcement as well as "previously missed payments" that "makes a default event highly probable," the company said in a statement.
source: AFP
GMT 21:55 2018 Tuesday ,23 January
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In The Swiss Alps
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Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
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Brussels - Muslimchronicle
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Russians challenge doping ban
Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
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First large-scale malaria vaccine trials for Africa
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April 20 - May 20
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
