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NEWS TICKER: FRIDAY, MAY 29th: CONCERNS raised by a whistleblowing Royal Navy submariner over the safety of the Clyde-based Trident nuclear weapons system are unfounded, Defence Secretary Michael Fallon has said - PROPOSALS unveiled by the UK government to hand more powers to Scotland “fall short in almost every area”, Nicola ¬Sturgeon has told MSPs. The First Minister insisted that the measures in the Scotland Bill published at Westminster today do not live up to the proposals of the original Smith Commission recommendations on more powers for Holyrood after the referendum No vote. Ms Sturgeon said MSPs would be unable to scrap the bedroom tax without Westminster’s permission because UK ministers would hold up to eight vetoes under the terms of the bill. The SNP leader called on all parties at Holyrood to mount a campaign for an enhanced package at First Minister Questions. “The UK government had a very clear test today to deliver a bill which lived up in spirit and in letter to the Smith Commission,” she says -

Ratings agencies reaffirm EBRD's AAA status

Friday, 23 December 2011
Ratings agencies reaffirm EBRD's AAA status The AAA rating of the European Bank for Reconstruction and Development remains unchanged and the outlook for the bank's debt stock remains Stable. http://www.ftseglobalmarkets.com/

The AAA rating of the European Bank for Reconstruction and Development remains unchanged and the outlook for the bank's debt stock remains Stable.

 

The three leading international rating agencies -- Standard and Poor’s, Moody’s and Fitch -- have all reaffirmed their AAA ratings for the debt of the European Bank for Reconstruction and Development (EBRD), underscoring the Bank’s stability at a time of turbulence in financial markets.



In statements released in the last week, the agencies also described the outlook for the Bank’s debt as Stable.

They referred specifically to the EBRD’s strong capital position, which has been bolstered by a capital increase to which all of the EBRD’s major shareholders have now subscribed.

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