Barclays Bank credit rating cut by Moody’s

Monday, February 2, 2009 An international credit ratings agency has downgraded the creditworthiness of British bank Barclays LSE: BARC The bank’s shares fell on the news that Moody’s had cut long-term debt ratings from “Aa1” to “Aa3” on the back of fears of nationalization, significant losses and write downs of more bad loans as the recession bites. […]
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Euro reaches new lows

Friday, July 15, 2011 On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil. The Wall Street Journal reported earlier that recent comments from the […]
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ISS Expedition 10 returns to Earth

Monday, April 25, 2005 With two space walks, 78 million miles and six months on board the International Space Station under their belts, Commander-Science Officer Leroy Chiao and Flight Engineer Salizhan Sharipov, the station’s 10th crew, landed in Kazakhstan in a Soyuz spacecraft at 6:08 p.m. EDT Sunday. Also returning was European Space Agency Astronaut […]
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