Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Sturdy greenback is an issue for tomorrow: Capital Economics

Investing.com — A powerful greenback has usually been described as a “wrecking ball” for the worldwide economic system, driving up the price of worldwide commerce, tightening monetary situations, and inflation for international locations, significantly these in rising markets, however whereas…

Moody’s raises Argentina’s ranking for the primary time in 5 years

(Reuters) – Rankings company Moody’s (NYSE:MCO) on Friday raised Argentina’s long-term overseas forex sovereign credit standing to “Caa3” from “Ca”, citing the federal government’s forceful coverage shift that has helped deal with financial challenges and stabilize exterior funds. Argentina achieved…