Latest Moody's Corporation News

UK parties attack rival spending plans in election feud

Nov. 10, 2019 9:11 AM EST

LONDON (AP) — Britain's biggest political parties traded allegations of financial recklessness on Sunday as they vied to win voters' trust on the economy ahead of the country's Dec. 12 election. The main opposition Labour Party accused the governing Conservatives of spreading fake news with an eye-catching...

Floods become UK election issue as parties spar over funding

Nov. 9, 2019 11:35 AM EST

LONDON (AP) — British political leaders swapped blame Saturday over floods that have drenched parts of England as the deluge became an issue in the campaign for the Dec. 12 election. Opposition Labour Party leader Jeremy Corbyn visited areas of south Yorkshire in northern England that were soaked by...

Lebanon's central bank secures dollars to cover some imports

Oct. 1, 2019 12:05 PM EDT

BEIRUT (AP) — Lebanon's central bank issued guarantees Tuesday to secure U.S. dollars for local banks at the fixed official rate that would cover imports of fuel, wheat and medicine, a move aimed at easing the demand for dollars amid a worsening economic crisis. Hours after the statement by the central...