Italian center-left leader Matteo Renzi took office on Saturday as his country’s youngest prime minister, facing pressure to show immediate results after he forced out his predecessor over the slow pace of economic reforms. The 39-year-old Renzi has named a low-profile list of ministers with a mix of politicians and […]
Tag: Prime Minister
Turkey Outlook Cut by S&P Citing ‘Hard Landing’ Risk
Turkey’s credit rating outlook was cut to negative from stable by Standard & Poor’s, which said there’s a growing risk of a “hard economic landing” as reserves decline and policy makers spar over interest rates. The move by S&P, the only one of the three main credit rating companies that […]
Japan readies $182 billion economic package, no new debt needed: sources
Japanese Prime Minister Shinzo Abe is readying a $182 billion economic package this week in his latest bid to pull the economy out of deflation, but the new measures will not require the government to sell more debt. The package, to be approved by Abe's government on Thursday, will have […]
