And so the contagion spreads

Italy has become the latest country to have its sovereign debt rating cut. Standard and Poor’s (S&P), the debt rating agency, has reduced Italy’s rating down one level from A+ to A. The debt rating is meant to give a signal as to how reliable the country will be in repaying its debt. Italy has a debt to GDP ratio … Continue reading

Posted by Nigel Tree | Comments Off on And so the contagion spreads

Protectionist pressures increasing

G20 governments have introduced more trade barriers, including export restrictions, in the past six months than in previous periods since the financial crisis began. This is according to a report by the World Trade Organization, the Organisation for Economic Co-operation and Development and the UN Conference on Trade and Development released yesterday. Although measures to lower trade barriers are also … Continue reading

Posted by Nigel Tree | Comments Off on Protectionist pressures increasing