Posts Tagged ‘agency’

S&P says it may cut U.S. AAA credit rating

Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – Standard & Poor’s said on Thursday that it may downgrade the U.S.’s AAA credit rating. The ratings agency says that Washington has a 50% chance of a credit rating cut. The S&P warning came a day after another ratings agency, Moody’s Investors Service, made [...]

Greece is the world’s least credit worthy nation

Vittorio Hernandez – AHN News Athens, Greece (AHN) – Ratings agency Standard & Poor’s reduced Greece’s credit ratings to CCC from B on Monday. The three-notch cut made Greece the world’s least credit worthy nation. S&P explained that it had to cut Athens’ rating because of the chances that the country would likely default on [...]

Ethiopian rebels: We rescued UN workers after bitter battle with gov’t troops

Abdi Hajji Hussein – AHN News Correspondent Jigjiga, Ethiopia (AHN) – The Ogaden National Liberation Front (ONLF) on Thursday claimed that their fighters had rescued recently abducted staff working for the United Nations food agency after a fierce battle with Ethiopian military forces. In an interview with a local radio station, Hussein Mohammed Nur, ONLF’s [...]

Egypt jobless rate up to 11.9 percent in first quarter

Egypt’s unemployment rates soared to 11.9 percent during the first quarter of 2011 – an increase from 8.9 percent from late 2010, according to a government statistics agency. Negative economic impacts from events that accompanied the 25 January revolution caused the increase, said Abu Bakr al-Gendi, director of the Central Agency for Public Mobilization and [...]

Metro board approves 2012 budget

The board of commissioners for transit district Metro approved on Friday an operating budget of $243.1 million for fiscal year 2012 that begins July 1. The new budget takes into account higher gas prices’ impact on the cost of operations. The overall increase in fuel cost is expected to be $6 million for the year, [...]

Photojournalists killed, wounded in Libya while shooting war

Windsor Genova – AHN News News Writer Benghazi, Libya (AHN) – An award-winning photographer and co-director of an Oscar-nominated documentary on the war in Afghanistan was killed in Libya on Wednesday while covering the battle in Misurata. Tim Hetherington, whose film “Restrepo” won last year’s Grand Jury Award at the Sundance Film Festival, was killed [...]

U.N. urges North Korea to allow renewed nuclear inspections

AHN News Staff Seoul, South Korea (AHN) – United Nations atomic watchdog IAEA Chief Yukiya Amano has again called on North Korea to let its inspectors visit nuclear facilities. “I believe that last year’s reports about the construction of a new uranium enrichment facility and a light water reactor in North Korea underlines how important [...]

Japanese agency says stability key for Turkey upgrade

Political stability and the preservation of fiscal stability will be the keys in upgrading Turkey’s credit rating to “investment grade,” according to Yoshihiko Tamura, chief analyst … View full post on All Stories

Experian revenue grows 12%

LONDON (MarketWatch) — U.K. credit checking agency Experian said Tuesday that total revenue in the three months to Dec. 31 rose 12%, with organic revenue rising 8%. The group said it has now returned to growth across all regions and principle activities and that for the fiscal year as a whole it continues to expects [...]

Environment agency ‘cutting thousands of jobs’

Thousands of jobs are to be cut from the Environment Agency in the next few years, a leading union has claimed. Related Stories Jobless given chance to start businesses Palace deal secures Queen’s head on stamps Greggs reveal record profits 14,000 applications for 1,500 jobs Most women ‘believe they are underpaid’ View full post on [...]

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