Yjxy Guddiga Doorashada oo ku dhawaaqay xilliga la qabanayo Araajida Musharixiinta kuraasta Baarlamaanka
Monday 14 May 2012 10:16 pmMoodyrsquo cuts the ratings of 26 Italian banksBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailCREDIT rating agency Moodyrsquo last night downgraded its long-term debt and deposit ratings on 26 Italian financial institutions, blaming the countryrsquo return to recession and lim yeezy ited funding opportunities.Unicredit and Intesa Sanpaolo, which together account for almost a third of Italyrsquo banking market by assets, were among those hit by the downgrades, three months after Moodyrsquo put more than 100 banks across the Eurozone on negative review due to their exposure to the regionrsquo economic crisis.The ratings for Italian banks are now amongst the lowest within advanced European countries, reflecting these banksrsquo; susceptibility to the adverse air force 1 operating environments in Italy and Europe, Moodyrsquo said in a statement. The downgrades are expected to herald the start of a fresh round of rating reassessments, with Spainrsquo struggling financial institutions seen as the most likely candidates to be hit next.Unicreditrsquo standalone credit rating was lowered by one notch to A3, while Intesa Sanpaolorsquo was downgraded from A3 to A2.Moodyrsquo said that in most cases, the downgrades were not based on changes to its assumption nike air force s about support available from third-parties, including the Italian government.Share this arti Jbxo AKHRISO: Sharci lagu ansixiyay 038; Go aanno ka soo baxay shirkii Golaha Wasiirada Xukuumadda Somalia
The bodies formed to implement Somalias 2016 electoral process at the state and regional levels received an in-depth briefing on the process from the Federal Indirect Electoral Implementation Team FIEIT during three days of meetings in Mogadishu this week.The meetings brought together six State-Level Indirect Electoral Implementation Teams SIEITs consisting of 11 members each, and FIEIT chairperson Omar Mohamed Abdulle urged the bodies to maintain their impartiality and independence throughout the process that will se hydro flask cup lect the countrys next federal parliament later this year.According to a timetable released by the National Leadership Foru hydro flask sale m last week, electoral colleges will select the 275 members of the lower house of the federal parliament between 24 September and 10 October. The 58 members of the upper house will be chosen at the state and regional levels on 25 September.Members of the new parliament will take their seats on 20 October and hold a vote on presidential candidates on 30 October.The briefings of the 66 SIEIT members focused in part on the role of the 135 elders who will choose the 14,025 delegates of the 275 electoral colleges as well as the composition of the delegates. The team has prepared the process and procedure of the electoral owala usa process, said Mr. Abdulle. The FIEIT will follow the international standards of elections that will help Somalias indirect elections to become credible. He noted that the FIEIT is mandated to ensure that the SIEITs transpa
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