Connect to share and comment

Moody's cuts Cuba rating on risk from Venezuela turmoil

Moody's cut Cuba's credit rating Wednesday by one notch, citing its vulnerability to a shock increase in fuel costs arising from turmoil in supplier Venezuela. Moody's also cited the risk of a rocky political transition in the Caribbean island in the wake of the Castro regime as it cut the rating to Caa2 from Caa1, well into "speculative" territory for debt. "Cuba relies heavily upon Venezuela for oil, which is imported with favorable financing terms through Petrocaribe," the credit rating firm said.

Online petition on Fair Elections Act gets almost 50,000 signatures in 24 hours

OTTAWA - Thousands of Canadians have signed an online petition urging Conservative senators to put the boots to the government's Fair Elections Act. More than 46,000 people have signed the petition on Avaaz, a global online activist network, calling on Conservative senators to amend the act. Signing the petition, which needed just 24 hours to near its goal of 50,000 signatures, provides links to email addresses and phone numbers so participants can express themselves to senators directly.

US rejects Lavrov's 'ludicrous' Ukraine claims

The United States dismissed as "ludicrous" Wednesday claims by Russian Foreign Minister Sergei Lavrov that it was funding or running an offensive in Ukraine as Washington and Moscow again traded barbs. "I think many of the claims he made in his interview are ludicrous and they're not based in facts of what is happening on the ground," State Department spokeswoman Jen Psaki said.

US rejects Lavrov's 'ludicrous' Ukraine claims

The United States dismissed as "ludicrous" Wednesday claims by Russian Foreign Minister Sergei Lavrov that it was funding or running an offensive in Ukraine as Washington and Moscow again traded barbs. "I think many of the claims he made in his interview are ludicrous and they're not based in facts of what is happening on the ground," State Department spokeswoman Jen Psaki said.

Moody's cuts Cuba rating on risk from Venezuela turmoil

Moody's cut Cuba's credit rating Wednesday by one notch, citing its vulnerability to a shock rise in fuel costs arising from turmoil in supplier Venezuela. Moody's also cited the risk of a rocky political transition in the Caribbean island in the wake of the Castro regime as it cut the rating to Caa2 from Caa1, well into "speculative" territory for debt. "Cuba relies heavily upon Venezuela for oil, which is imported with favorable financing terms through Petrocaribe," the credit rating firm said.

Moody's cuts Cuba rating on risk from Venezuela turmoil

Moody's cut Cuba's credit rating Wednesday by one notch, citing its vulnerability to a shock rise in fuel costs arising from turmoil in supplier Venezuela. Moody's also cited the risk of a rocky political transition in the Caribbean island in the wake of the Castro regime as it cut the rating to Caa2 from Caa1, well into "speculative" territory for debt. "Cuba relies heavily upon Venezuela for oil, which is imported with favorable financing terms through Petrocaribe," the credit rating firm said.

Moody's cuts Cuba rating on risk from Venezuela turmoil

Moody's cut Cuba's credit rating Wednesday by one notch, citing its vulnerability to a shock rise in fuel costs arising from turmoil in supplier Venezuela. Moody's also cited the risk of a rocky political transition in the Caribbean island in the wake of the Castro regime as it cut the rating to Caa2 from Caa1, well into "speculative" territory for debt. "Cuba relies heavily upon Venezuela for oil, which is imported with favorable financing terms through Petrocaribe," the credit rating firm said.

Extradition in Amanda Todd case could come before Dutch trial: prosecution

VANCOUVER - A Dutch man accused of surreptitiously capturing webcam footage of British Columbia teen Amanda Todd, as well as dozens of other victims around the world, won't necessarily have to wait until after his trial in his home country before facing possible extradition to Canada, Holland's prosecution service says. Aydin Coban, 35, is in a Dutch jail accused of using the Internet to target teen girls and adult men in several countries, including Canada. He was arrested in January in Oisterwijk, located in southern Holland.

Canada wants Russia to notice its 500 observers to Ukraine election: Kenney

OTTAWA - Canada is sending a message to Russia by deploying up to 500 people to monitor Ukraine's presidential election next month, a Harper government cabinet minister said Wednesday. Employment Minister Jason Kenney said the observers are part of Canada's answer to Moscow's provocations, especially in Ukraine's restive east.

Senegal police disperse crowds as ex-president's return delayed

DAKAR (Reuters) - Senegalese police dispersed hundreds of supporters of former President Abdoulaye Wade who gathered at Dakar airport on Wednesday to welcome him back two years after losing power, but his return was delayed after his flight was stuck in Morocco. The return of Wade, whose son Karim is awaiting trial on corruption charges, is eagerly awaited by his Senegalese Democratic Party (PDS), which heads to local elections in June looking to capitalize on frustration at stubborn unemployment under his successor President Macky Sall.
Syndicate content