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Archives for Macro Economy

Russia Forbit Vegetable Imports
Russia forbid imports of all fresh vegetables that come from the European Union. The ban is due to pollution concerns that plagued E.coli bacteria in Germany a few days. The ban came as a quarter of vegetables from the European Union was sent to Russia. In fact, the former Soviet Union countries it is the single largest export market for ...more»
Moody’s Probably Cut The United States Debt
Moody's Investors Service cut its debt rating will likely government of the United States (U.S.). Moody's said it would review the rating of U.S. government debt in the Aaa level, to the possibility of lowered. Unless there is progress in increasing the debt limit by mid-July. These rating agencies assess, the increasing polarization over the debt limit has increased the likelihood ...more»
Miguel Ordonez Refused Greece’s Debt Restructuring Plan
Differences of opinion among members of the board of the European Central Bank (ECB) kept rolling settlement related to Greece's debt crisis. One of the ECB council angoota Miguel Angel Fernandez Ordonez refused Greece's debt restructuring. According to him, the problem of Greece will not be solved by way of restructuring debt. He also said the country should not be trying to ...more»
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