Moody's warns that European ratings still are threatened

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Source: Marketwatch

Moody's Investors Service still is considering reviewing the credit ratings for all EU nations at the beginning of 2012, said the agency on Monday. According to Moody's such decision is made amid enduring lack of decisive policy tools. European summit last week provided few new actions and majority of proposed measures are similar to earlier announced ones, told agency. 

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Mon, 12 Dec 2011 11:00:34 GMT

Unemployment in US diminishes, hiring flat

US unemployment rate dropped less than firing rate indicating that companies still lack confidence to employ new workers. In November jobless rate has dropped to 8.6% from 10.1% in October. In contrast applications for jobless allowances have declined 40%. Julia Coronado, BNP Paribas North America chief economist suggests that absence of demand in economy drives a wedge between unemployment rate and jobless claims. 

Mon, 12 Dec 2011 11:03:13 GMT

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