The decision by Standard and Poor’s to downgrade the debt of nine Eurozone countries last week, followed by the inevitable downgrade of the Eurozone rescue fund two days later, raises important questions…
Italian Prime Minister Silvio Berlusconi's austerity measures are misdirected and too dramatic.
AAP
The move by international ratings agency Moody’s to cut Italy’s credit rating for the first time in two decades will do little to ease concerns about the Eurozone’s debt crisis, despite global markets…
Standard & Poor's could still downgrade the US credit rating, despite the debt ceiling deal.
AAP
By Kevin Davis, Australian Centre for Financial Studies
Washington lawmakers in the US House of Representatives have passed an agreement hammered out between Republican and Democrat leaders designed to avert a US debt default.
The move is a further step towards…
Despite attempts at regulatory reform, ratings agencies still act with little threat of litigation.
AAP
Standard & Poor’s downgraded Greece’s sovereign debt rating by three notches on Monday, reflecting its view that it would be next to impossible to imagine a scenario where the country could restructure…
Ratings agencies face tougher rules, but how much regulation is too much?
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The behaviour of credit rating agencies is back in the spotlight, as Portugal struggles with its large debt burden.
Credit rating agency Fitch has copped some criticism for cutting Portugal’s credit rating…
