Saturday, January 14, 2012

Bob Chapman & Alex Jones

TheAlexJonesChannel  | Jan 14, 2012

Eurozone nations hit with credit rating downgrades

Jan 14, 2012 by

List of S & P Country ratings by ranking (source)

Capital Account - Mohamed El-Erian believes QE3 is coming

on Jan 13, 2012

Pedro Schwartz talks to Alasdair Macleod about Italy, Spain and the European debt crisis

on Jan 12, 2012

France losses AAA Credit Rating

(Reuters) - France has been notified that Standard & Poor's has cut its triple-A credit rating by one notch to AA+ and will step up reforms to shore up its economy, Finance Minister Francois Baroin said on Friday.

Minutes after he emerged from an emergency meeting with President Nicolas Sarkozy, Baroin appeared on the nightly television news to announce the downgrade and try to play down its impact on the French economy.

"It's a downgrade, a one-notch change," he told the France 2 television channel, adding that several other euro zone countries faced similar treatment.

"Clearly, this is not a disaster. It is as if you asked a student who got 20 of 20 (grades) in school for a very long time whether dropping to 19 was a disaster. No, it's an excellent grade."

He added that the move meant that ratings agencies were punishing the euro zone as a whole for governance problems that had contributed to its debt crisis, and that France would seek to increase the pace of economic reforms.

European sources have told Reuters that downgrades of several sovereign ratings in the euro zone were more

on Jan 13, 2012


Inside Story - Can Iran survive US sanctions?

on Jan 12, 2012


Murdered Iranian scientist's funeral

on Jan 13, 2012

on Jan 11, 2012

US doesn't deserve to have Ron Paul as President

on Jan 3, 2012

on Jan 6, 2012

Eric Sprott - Who is not Getting the Silver?

Eric Sprott mentions that the same dollar amount of silver is being sold as gold. At ABC Bullion this is also our experience over the last 12 months.

on Jan 11, 2012