The IMF noted the need for the United States to reduce the budget deficit and solve the problem of growing public debt. The deputy Head of the IMF, Gita Gopinath, pointed out that the situation is aggravated by uncertainty in trade policy, despite the interim agreement with China.Last week, Moody's downgraded the long-term credit rating of the United States to "Aa1" due to rising government debt and budget deficits. Moody's became the last of the leading agencies to hold the highest rating of th... Read More
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More
The market was left in a state of general confusion after the European Central Bank publicized its... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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