Fitch cuts Greece's rating after referendum called
Greek government
Paris - Arab Today
Ratings agency Fitch cut Greece's credit rating Tuesday from "CCC" to "CC" -- meaning it is highly vulnerable to default -- following the breakdown of bailout talks and the Greek government's decision to call a referendum.
"The breakdown of the negotiations between the Greek government and its creditors has significantly increased the risk that Greece will not be able to honour its debt obligations in the coming months, including bonds held by the private sector," Fitch said.
"We now view a default on government debt held by private creditors as probable."
GMT 21:55 2018 Tuesday ,23 January
Trump to meet May, Netanyahu, Kagame in Davos: White HouseGMT 21:53 2018 Tuesday ,23 January
S&P 500, Nasdaq end at records as technology shares gainGMT 21:51 2018 Tuesday ,23 January
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Trump to tell Erdogan of concern over Syria offensiveGMT 21:47 2018 Tuesday ,23 January
Trump says NAFTA talks are 'moving along pretty well'GMT 22:13 2018 Monday ,22 January
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Turkish soldier killed in Syria operation
In The Swiss Alps
Five things to know about Davos
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
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 09:18 2018 Monday ,22 January
Colombia to seek new ceasefire with ELN guerrilla group
GMT 06:57 2017 Friday ,10 March
Nokia and BlackBerry should stay where they belong – in the past
GMT 21:03 2016 Sunday ,13 March
UAE Space Agency, Thuraya take part in UAE-UK Pioneers Forum
GMT 04:05 2016 Saturday ,14 May
EU to provide €55mln for Burundi's people
GMT 19:31 2017 Tuesday ,14 March
Tensions rise ahead of key polls in the Netherlands
GMT 08:20 2016 Friday ,22 April
Microsoft profit down 25 percent to $3.8bn
GMT 20:34 2017 Monday ,30 October
Ethiopian 'Red Terror' trial opens in Dutch court
GMT 06:00 2017 Monday ,28 August
IMF to host regional conference on promoting higher economic growth
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GMT 18:04 2017 Monday ,04 September
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Surgut attacker in Russia identified as a local resident
GMT 11:05 2016 Friday ,02 September
US transportation secretary meets with Cuban officials as US-Cuba flights resume
GMT 07:23 2017 Friday ,21 April
Newly appointed UNAMID Chief expresses pleasure over assuming his mission in Darfur
GMT 19:41 2017 Wednesday ,23 August
Chad to shutter Qatar embassy, expel diplomats
GMT 01:25 2016 Monday ,26 December
PM congratulates Christians on Christmas
GMT 20:52 2017 Saturday ,01 April
Egypt, Saudi FMs agree to hold political consultations in Egypt soon
GMT 06:54 2016 Saturday ,14 May
Jerusalem SlutWalk marchers: Police forced cover-up
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