Global credit rating agency S&P warned on Monday that it could cut Israel’s sovereign credit rating if the war with the Palestinian militant group Hamas expands to other fronts. In October, S&P maintained Israel’s ‘AA-’ rating but lowered the country’s credit outlook from ‘stable’ to ‘negative’, citing risks that the Israel-Hamas war could spill…
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A former chief of staff for France’s air force has warned that Kiev will only be able to defend its current positions, “at best” A retired French general and former NATO commander has painted a chilling picture of Ukraine’s prospects over the next several months in its conflict with Russia, saying the best that Kiev…
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The boss of Credit Suisse has said he is ‘truly sorry’ about the collapse of the 167-year-old firm Credit Suisse Chairman Axel Lehmann apologized to shareholders on Tuesday for failing to contain the crisis which led to the lender’s downfall. The ailing Swiss banking giant was taken over by rival UBS last month.
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