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Economy - International

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Reuters

Moody's Investors Service cut Russia's sovereign debt rating to 'Baa2' from 'Baa1', becoming the second ratings agency to cut the country's ratings this year, after S&P initiated a downgrade in April. Moody's said the prolonged crisis in Ukraine was

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arclein

The first, of course, is the one that preoccupies most writers and commentators on the question. The dominant metaphor seems to be a sort of global seesaw, with a few hugely rich individuals weighing down one end and the rest of us clinging for dear

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zerohedge.com

in the early 1960s, financial journalist Henry Hazlitt warned against efforts to create an international system to help facilitate the smooth transfer of currencies.

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A world-topping 95% of Vietnamese say most people are better off in free-market economies, and 76% of Chinese agree, according to a Pew survey of nearly 49,000 people worldwide that might have astonished Ho Chi Minh and Mao Zedong.

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breitbart.com

A new report of "economic freedom" around the world finds the US ranked 12th among 152 countries, tied with the United Kingdom, and lower than neighbor Canada or Australia.

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