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Kingdom News

Tuesday, October 18, 2011

Moody's warns France on its triple-A rating

AFP - Ratings agency Moody's warned France that it may place a negative outlook on its cherished top "Aaa" credit rating in the coming months as the government's financial strength "has weakened." The annual credit report is a shot across the bows for the second largest economy in the eurozone and came as Germany dampened expectations that an upcoming EU summit will finally provide a solution to the eurozone debt crisis. "The deterioration in debt metrics and the potential for further contingent liabilities to emerge are exerting...

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This news break & Ministry insights are brought to you by the Love of the Brethren Sojourners, Temple Knight & it's elder J.Blair in Jesus Christ Love. To all pilgrims in dispersion, to the elect according to the foreknowledge of God the father, in sanctification of the spirit, for obedience and sprinkling of the blood of Jesus Christ.

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