rating
“No sex please, we’re British.” A phrase that should be familiar to anyone who has seen the London West End show or the 1973 British comedy of the same name starring Ronnie Corbett. And if you’re not acquainted with this outdated farce, you may be au fait with the reputation the UK has for being a traditionally chaste nation compared to its less pearl-clutchy European neighbours. While somewhat outworn, the UK is living up to its reputation, which is coming back in full force via the BBFC (the British Board of Film Classification). You see, the BBFC – which is responsible for the national clas...
Euronews (English)
When you’re booking a hotel for an upcoming trip, have you ever wondered how a destination achieves its ranking? You’re not alone. Across Europe, 21 member countries and five observer nations take part in a standardised rating process by several official bodies - meaning their hotels can achieve from one to five stars, depending on various criteria. The Confederation of National Associations of Hotels, Restaurants, Cafés and Similar Establishments in the European Union and European Economic Area - far more succinctly known as HOTREC - is the umbrella association of these ranking authorities. E...
Euronews (English)
McLean (United States) (AFP) - A US credit downgrade by Fitch was "entirely unwarranted," Treasury Secretary Janet Yellen said Wednesday, pushing back against the second-ever decrease by a major ratings agency following repeated debt limit standoffs in Washington. Her remarks came a day after the world's biggest economy lost its top-tier credit rating from Fitch as the agency lowered it a notch from AAA to AA+, drawing fiery disapproval from the White House and Treasury. The action was on the back of the United States' growing federal debt burden and an "erosion of governance" resulting in mul...
AFP
Washington (AFP) - Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs. The decision to downgrade the US from AAA to AA+ sparked a fiery rebuttal from the White House, with press secretary Karine Jean-Pierre saying the move "defies reality." Treasury Secretary Janet Yellen said in a separate statement that she "strongly" disagreed with Fitch as well, calling the change "arbitrary and based on outdated data." It is the first such downgrade by a major rati...
AFP
New York (AFP) - Credit ratings giant S&P Global reached an all-stock deal to buy IHS Markit for $44 billion, the companies announced Monday.The merger will create a $126 billion financial services behemoth that will be headquartered in New York.The firms said joining forces will bolster offerings to investor clients and provide complementary information streams in growth areas, such as in the shifts towards renewable energy and environmental, social and governance (ESG) investing.The deal, one of the biggest transactions of the year, aims to capitalize on the growth in demand for good data am...
AFP
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