Articles by James McGovern

Moodys

Moody’s downgraded Hong Kong’s credit rating

The rating agency Moody’s downgraded Hong Kong’s credit rating for the first time in 28 years after it earlier announced the same measure against China. Moody’s motivated its decision with the risks associated with the…


UN mission

US budget cuts will hamper the UN missions

The drastic cuts planned by the US government threaten to make the United Nations unable to carry out its core missions. US Secretary of State Rex Tillerson demanded on Tuesday the world’s leading power to…


Oil price

Oil price decreased before the OPEC meeting

Oil prices plummeted during European trade on Tuesday after reaching its highest level on Monday on the background of rising expectations for OPEC countries to extend the shrinkage agreement beyond the end of June. The…


Jeroen Dijsselbloem

Eurogroup delays its decision on Greece

The Eurogroup delays its decision on Greece, said the chairman of the institution at a press conference in Brussels. The meeting, which lasted for hours, was interrupted for talks and further clarifications. The individual meetings…