Arab Today, arab today moody\s to review britain\s aaa rating
Last Updated : GMT 03:33:17
Arab Today, arab today
Arab Today, arab today

Moody\'s to review Britain\'s AAA rating

Arab Today, arab today

Arab Today, arab today Moody\'s to review Britain\'s AAA rating

Washington - AFP

Moody\'s announced Wednesday that it will review Britain\'s Aaa rating early next year, saying the country\'s strengths were challenged by weak growth and the eurozone crisis. In its yearly credit report on Britain, the agency said its review would hinge in part on the government\'s upcoming Autumn Statement, its mid-term economic review. Moody\'s said the rating remained underpinned by \"a large, diversified and highly competitive economy, flexible labor force and structural reforms that position it well to return to its long-term trend growth rate of 2-2.5% over the medium term.\" It also cited Britain\'s favorable debt structure and commitment to fiscal consolidation through mainly spending cuts. \"Moody\'s expects these strengths to persist over the medium to long term,\" it said. But the country continues to face challenges from the financial crisis, which led to Moody\'s issuing a negative outlook for the sovereign rating in February, a warning that Britain\'s triple-A grade could be lowered in the medium term. Sarah Carlson, a Moody\'s analyst, praised the government\'s \"strong commitment to fiscal consolidation.\" But she told AFP that the government effort might be \"hampered by weaker-than-expected economic prospects as well as problems with the eurozone.\" Moody\'s said it \"will revisit the AAA rating and outlook in the first few months of 2013 to assess the impact of these challenges and of the government\'s upcoming Autumn Statement,\" it explained.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today moody\s to review britain\s aaa rating Arab Today, arab today moody\s to review britain\s aaa rating

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today moody\s to review britain\s aaa rating Arab Today, arab today moody\s to review britain\s aaa rating

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday