ABU DHABI/WAM The United Arab Emirates expresses concern regarding the statement issued by the Kingdom …
Read More »German ratings minnow takes aim at USA whales
AFP The latest European challenge to the all-powerful US credit ratings agencies doesn’t come from the continent’s financial capital Frankfurt — but Berlin, better known for raves than banking. “We want to become the European voice on the ratings market,” declares Torsten Hinrichs, chief executive of Scope Ratings. From his office overlooking the huge Tiergarten park, once the hunting …
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