International rating agency Standard&Poor’s has changed its outlook of Romania’s rating from stable to negative while affirming the country’s long- and short-term foreign and local currency sovereign credit ratings at ‘BBB-/A-3’. In reaction, Romania’s Liberal Government argues the action is fully based on the previous Government’s actions, although the rating agency questioned the incumbent Government’s fiscal consolidation stance as well.
EU agrees on law to secure strategic raw materials to reduce vulnerabilities in the West’s economic war against China. China responds to sanctions and restricts exports of important resources. Read HERE
The protests against fracking in the UK are increasing despite the ramping up of repression. The courts and police appear to be in full confrontation mode. All paid for by the taxpayer, the majortiy of […]
For every EU minister that is charged with corruption there are dozens that are not. And one would like to say the mafia-state Malta is one of the most corrupt in the EU, but so […]
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