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| Caucasus/Russia/Central Asia |
| The New Cold War Will Be Fought With Finance |
| 2014-06-14 |
| [StratRisks] Russia and China have been jolted by the three big established American credit rating agencies, Standard & Poor's (S&P), Moody's and Fitch, whose ratings currently dominate financial markets. The agencies rate credit worthiness of both states and companies. Their grades play a decisive role in determining the conditions under which money can be borrowed on the markets. Answering the politicization of the US agencies. |
| Posted by:Uncle Phester |
| #2 Then London will always be safe. No chance of endangering the banks there. They may, however, decide the rest of us bore them. |
| Posted by: ed in texas 2014-06-14 07:59 |
| #1 Peace will then break out when NO money can be borrowed on the markets. |
| Posted by: Anguper Hupomosing9418 2014-06-14 07:37 |