United Kingdom: Scottish Independe Might Delay UK Credit Rating Upgrade
According to the BBC, Fitch Ratings stated that a vote for Scotland’s independence might delay the United Kingdom’s credit rating revision upward to triple A status. This is because Fitch sees a likely rise in the UK’s debt in case that Scotland seperated from the UK.
China: China Consumer Prices Rise, But Industry Deflation Persists
Reuters reports that the inflation rate in China increase in March as prices for fresh food jumped. However, in the persistent deflation in the industrial sector is a sign of a sluggish economy. Authorities have ruled out any major stimulus to stimulate the economy, although they have announced some smaller, targeted measures.
Venezuela: Venezuela’s Maduro and Opposition in Landmark Crisis Talks
According to the BBC News, Venezuelan President Nicolas Maduro has met opposition leaders in crisis talks aimed at quelling weeks of protests. Mr Maduro met his bitter rival, opposition leader Henrique Capriles, for six hours. More talks are scheduled for next Tuesday.
Greece: Greece Ends Exile With €3bn Bond Sale
The Telegraph writes an interesting piece on Greece’s recent access to global capital markets, ending its exile by selling long term bonds for the first time in four years.
Russia: Putin warns Europe of gas shortages over Ukraine debts
BBC News reports on President Putin’s recent warning to European leaders that Ukraine’s delays in paying for Russian gas have created a “critical situation”.