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Moody’s downgrades Spain regions ratings


Moody’s Investors Service (file photo) Thu May 17, 2012 9:7PM Share | Email | Print Moody’s Investors Service has downgraded the credit ratings of four Spanish regions, warning that they will most likely fail to reach their deficit-reduction targets. The ratings agency on Thursday lowered the ratings of Catalonia, Murcia, Andalucia, and Extremadura “due to

‘P5+1 must recognize Iran nuclear rights’


Iran and the world powers of P5+1 held talks in Istanbul on April 14, 2012. Thu May 17, 2012 5:33PM Share | Email | Print The Western governments must know that Iran will never retreat from its nuclear rights.” Member of Iran’s Majlis National Security and Foreign Policy Committee Javad Jahangir-Zadeh An Iranian lawmaker

‘France not to ratify EU budget pact’


French Finance Minister Pierre Moscovici Thu May 17, 2012 12:27PM Share | Email | Print France’s new finance minister says his country will not ratify the European Union budget pact unless it is renegotiated to include measures aimed at boosting growth in EU member states. “The treaty won’t be ratified as it stands and it

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