CHINA AND RUSSIA TO LAUNCH NEW CREDIT RATING AGENCY IN 2015 (STA BREAKING NEWS and ARCHIVES)

by Mother_Of_The_World , Tuesday, January 13, 2015, 11:34

And thus are further showing America the middle finger!
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Source: RT.COM

China and Russia to launch new credit rating agency in 2015

Published time: January 13, 2015 14:17

Reuters/How Hwee Yong

The new Universal Credit Rating Group (UCRG) is being set up to rival the existing agencies Moody's, S&P and Fitch, and its first rating will be issued this year.

The setting up of UCRG is in its final stages, ready to challenge the ‘Big Three’ that currently dominate the industry, the Managing Director of RusRating Aleksandr Ovchinnikov told Sputnik News Agency on Tuesday.

*SNIP*

MORE:
http://rt.com/business/222175-russia-china-rating-agency/