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International News

S&P downgrades Russia's sovereign credit rating to 'junk'
Warning of difficult times ahead for Russia's economy, S&P said it had cut the rating from BBB- to BB+ and that Russia's economic growth prospects, hit by low oil prices and Western sanctions over the Ukraine crisis, had worsened.
Posted on 1-26-2015 at 6:26 PM
Tsipras to form anti-bailout Greek government after big victory
Greek leftwing leader Tsipras struck a deal with a right-wing party to form a government to reverse years of painful austerity following a crushing election victory by his Syriza party.
Posted on 1-26-2015 at 6:34 AM
Saudi Arabia's royal succession: What happens now?
Saudi's succession plan for the next generation will be a tricky one given that the late King Abdullah had at least one hundred grand children. And that 'problem' may come sooner than one thinks.
Posted on 1-24-2015 at 2:13 PM
Andrew McCreath: ECB bond-buying plan all about devaluing currency
“Draghi is doing the same thing that Poloz did yesterday – depreciate the currency,” McCreath tells BNN.
Posted on 1-22-2015 at 11:00 AM
ECB agrees to landmark bond-buying plan of €60-billion per month
The European Central Bank agreed to embark on a quantitative easing (QE) program that will see it print money to buy up 60 billion euros worth of sovereign bonds from March until the end of September next year.
Posted on 1-22-2015 at 6:48 AM
Euro at almost 11-year low as QE looms; loonie drops on rate cut
The euro was at almost an 11-year low as the European Central Bank prepares for a policy meeting at which they are forecast to adopt a sovereign-bond purchase program under the quantitative-easing strategy.
Posted on 1-21-2015 at 10:39 AM
Rebels tighten grip on Yemen’s capital after capturing base
The rebels manned checkpoints, blocked the road to the palace and reinforced their positions around the residence of the U.S.-backed president. The resulting power vacuum caused alarm in Saudi Arabia
Posted on 1-21-2015 at 8:00 AM
China pumps cash into banks in bid to accelerate growth
China's central bank has bolstered support for the cooling Chinese economy by injecting another 50 billion yuan (8.1 billion US) worth of short-term loans into banks to spur growth from a 24-year low.
Posted on 1-21-2015 at 6:07 AM

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