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S&P downgrades Puerto Rico GO rating to 'BB' from 'BB+'

S&P downgrades Puerto Rico GO rating to 'BB' from 'BB+'


S&P downgrades Puerto Rico GO rating to 'BB' from 'BB+'

Posted: 11 Jul 2014 03:29 PM PDT

July 11 (Reuters) - Standard & Poor's ratings service cut the Commonwealth of Puerto Rico's general obligation rating to "BB" from "BB+", citing enactment of a new law, which allows certain...

UPDATE 1-United Airlines cuts Venezuela flights over currency

Posted: 11 Jul 2014 03:20 PM PDT

NEW YORK, July 11 (Reuters) - United Continental Holdings Inc said on Friday it would drop its daily flight to Caracas, Venezuela, from Houston, starting in September, joining other U.S. carriers who...

CANADA FX DEBT-Weak Canadian jobs report sends C$ to two-week low

Posted: 11 Jul 2014 01:39 PM PDT

* Canadian dollar at C$1.0734 or 93.16 U.S. cents * Bond prices higher across the maturity curve (Adds details, quotes, updates prices) By Leah Schnurr TORONTO, July 11 (Reuters) - The Canadian...

GLOBAL MARKETS-Stock indexes up slightly as Portugal fears ebb; oil down sharply

Posted: 11 Jul 2014 01:37 PM PDT

NEW YORK, July 11 (Reuters) - Major global equities markets edged higher and the yen stabilized against the U.S. dollar on Friday as worries about Portugal's biggest bank ebbed, while oil prices...

Fitch Affirms Serbia at 'B+'; Outlook Stable

Posted: 11 Jul 2014 01:32 PM PDT

(The following statement was released by the rating agency) LONDON, July 11 (Fitch) Fitch Ratings has affirmed Serbia's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'B+'. The...

Fitch Revises Outlook on San Marino to Stable; Affirms at 'BBB+'

Posted: 11 Jul 2014 01:14 PM PDT

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: San Marino - Rating Action Report...

Fitch Rates Cote d'Ivoire 'B'; Outlook Positive

Posted: 11 Jul 2014 01:14 PM PDT

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Cote d'Ivoire - Rating Action Report...

Specs raise U.S. dollar bets in latest week -CFTC, Reuters

Posted: 11 Jul 2014 01:13 PM PDT

July 11 (Reuters) - Speculators increased their bullish bets on the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of...

Fitch Revises Outlook on The Netherlands to Stable; Affirms at 'AAA'

Posted: 11 Jul 2014 01:12 PM PDT

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Netherlands - Rating Action Report...

FOREX-Dollar stable as market fears about Portugal ebb

Posted: 11 Jul 2014 12:13 PM PDT

* Yellen testimony on Tuesday in focus (Updates prices)

COLUMN-Karl Marx was right - at least about one thing

Posted: 11 Jul 2014 12:06 PM PDT

(Anatole Kaletsky is an award-winning journalist and financial economist. The opinions expressed here are his own.)
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