Greece on the verge of Bankruptcy , credit rating down graded from ‘CCC’ to 'selective default'


Greek Bickering EconomyJNN 06 Dec 2012 Athens : Standard & Poor’s (S&P) ratings agency has downgraded Greece’s already junk-level debt rating to “selective default” after the debt-ridden country launched an operation to buy back bonds at well below their face value. Continue reading

Greece on the verge of Bankruptcy , credit rating down graded from ‘CCC’ to ‘selective default’


Greek Bickering EconomyJNN 06 Dec 2012 Athens : Standard & Poor’s (S&P) ratings agency has downgraded Greece’s already junk-level debt rating to “selective default” after the debt-ridden country launched an operation to buy back bonds at well below their face value. Continue reading

West pushing democracy for their Own Interest with "Iron and Blood" – Russian FM


Russian FM Sergey LavrovJNN 06 Dec 2012 Moscow : Russian Foreign Minister Sergei Lavrov has said that Western states are trying to advance democracy abroad through “iron and blood”, defending Moscow’s refusal to join states seeking the ouster of Syrian President Bashar al-Assad. Continue reading

West pushing democracy for their Own Interest with “Iron and Blood” – Russian FM


Russian FM Sergey LavrovJNN 06 Dec 2012 Moscow : Russian Foreign Minister Sergei Lavrov has said that Western states are trying to advance democracy abroad through “iron and blood”, defending Moscow’s refusal to join states seeking the ouster of Syrian President Bashar al-Assad. Continue reading

Kuwait Elects a New Parliament , Shiites Win Big ,while Opposition Boycott Election


Kuwaiti Shiites Win Big in Elections 2012JNN 06 Dec 2012 Kuwait : Kuwaitis elected a new parliament that is expected to be more cooperative with the government than its predecessor after an opposition boycott of the poll and protests that divided the Persian Gulf Arab state. Continue reading