The credit ratings agency S & P has decided to degrade the sovereign rating four notches to Libya, reducing it to BB and the passage announced it was suspending the country's rating because of the civil war raging.
United States, the weekly jobless claims rose more than expected during the week of March 5, reaching 397,000 by the Department of Labour. Economists had forecast a rise to only 378,000. Moreover, the U.S. budget deficit hit a new monthly record of $ 222.5 billion in February, which shows clearly that the Obama administration does not address this challenge.
Finally, the UK, manufacturing production has received a substantial rebound of 1% in January, which largely compensates the decrease of 0.1% in December. Analysts were expecting a more subdued growth of around 0.8%.
United States, the weekly jobless claims rose more than expected during the week of March 5, reaching 397,000 by the Department of Labour. Economists had forecast a rise to only 378,000. Moreover, the U.S. budget deficit hit a new monthly record of $ 222.5 billion in February, which shows clearly that the Obama administration does not address this challenge.
Finally, the UK, manufacturing production has received a substantial rebound of 1% in January, which largely compensates the decrease of 0.1% in December. Analysts were expecting a more subdued growth of around 0.8%.
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