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S&P downgrades Italy debt outlook, raising pressure in budget stand-off
AFP, Published on 27/10/2018
» MILAN - The ratings agency S&P on Friday downgraded its outlook for Italy's sovereign debt but left its credit rating untouched, upping the pressure on Rome amid a stand-off with Brussels over its budget.
Analysts doubt US recession odds
Business, Nuntawun Polkuamdee, Published on 27/10/2018
» Despite a potential slowdown in US economic growth next year, the world's largest economy is unlikely to fall into a recession because the Federal Reserve will probably cut rates to shore up growth momentum, says the Investment Analysts Association.
Pulling out all the stops
News, Published on 27/10/2018
» In the general election tentatively scheduled for February next year, the political climate appears to favour the regime and any party it supports with the former ruling Pheu Thai Party being backed into a corner, according to analysts.