Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH - Tuesday, 10 January 2012 [View all]xchrom
(108,903 posts)48. Fitch: Italy likely to be downgraded by end of January
http://www.bbc.co.uk/news/business-16491762
There is a "significant" chance that Italy will have its credit rating downgraded this month, an executive at the ratings agency Fitch has said.
David Riley, Fitch's head of global sovereign ratings, cited the lack of a plan to halt the eurozone crisis, coupled with Italy's high debts.
Fitch warned last month that Italy and five other eurozone countries were all at risk of downgrade.
Another Fitch spokesman said he did not foresee a downgrade of France in 2012.
There is a "significant" chance that Italy will have its credit rating downgraded this month, an executive at the ratings agency Fitch has said.
David Riley, Fitch's head of global sovereign ratings, cited the lack of a plan to halt the eurozone crisis, coupled with Italy's high debts.
Fitch warned last month that Italy and five other eurozone countries were all at risk of downgrade.
Another Fitch spokesman said he did not foresee a downgrade of France in 2012.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
59 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
The days of cash only, backed by gold, can't come too soon to stop this travesty
Demeter
Jan 2012
#21
The Dirty Secret of World Trade: One Super Container Ship SO2 Greater Than 50 million Cars
Demeter
Jan 2012
#25
New Reserve currency to challenge $ – What’s really going on in Straits of Hormuz. By David Malone
Demeter
Jan 2012
#33
Are BofA and JP Morgan Really Blocking the Return of MF Global Customer Money? FROM NOVEMBER
Demeter
Jan 2012
#44
Social Security and the Big Lie by Roger Erickson, a letter to The WaPo SAVE THIS FOR REFERENCE!
Demeter
Jan 2012
#45