Fitch cuts Italy, Spain, other euro zone ratings

January 27, 2012

NEW YORK (Reuters) – Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. In a statement, the ratings agency said the affected countries were vulnerable in the near-term to monetary and financial shocks. “Consequently, these sovereigns do not, in Fitch’s view, accrue the full benefits of the euro’s reserve currency status,” it said. …

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Australia’s Gillard faces new leadership discontent

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February 3, 2012 | Read the story »

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February 8, 2012 | Read the story »

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February 16, 2012 | Read the story »

Reds win in Auckland to keep alive title defence

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April 27, 2012 | Read the story »

How Beyoncé Will Celebrate Her First Mother’s Day

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May 11, 2012 | Read the story »

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