Fitch has downgraded a record number of sovereign…

Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — and the agency is not done yet as the coronavirus pandemic pummels government finances.James McCormack, Fitch's global head…

French prime minister resigns paving the way for…

French Prime Minister Edouard PhilippeChristophe Morin | IP3 | Getty ImagesFrance's Prime Minister Edouard Philippe resigned from government Friday amid speculation that President Emmanuel Macron was about to fire him.In a statement, Macron's office said…

WHO warns some countries may have to reinstate…

Some countries with rapidly spreading coronavirus outbreaks might have to reinstate lockdowns and other restrictions to curb the spread of the virus, a top World Health Organization official said Wednesday.Countries like Spain and Italy successfully…