Western Europe

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  • New Rankings Of World's Metro Economies Reflect West-to-East Shift

    latimes.com 4 weeks, 1 day ago

    Ninety percent of the fastest-growing economies on the Brookings Institution list are outside North America and Western Europe. Houston is the highest U.S. city at No. 19. L.A. was No. 146.Shanghai was at the top and Sacramento near the bottom of new rankings of the world's best- and worst-performing metropolitan economies last year by the Brookings Institution.

  • What Countries Will Suffer Credit Downgrades Next?

    abcnews.com 4 weeks, 1 day ago

    Who's next? Nine European nations, including France and Italy, recently have seen their credit ratings cut. Greece's rating was reduced by Standard & Poor's to "CC" -- junk grade -- the lowest given by the rating service to any of the nations that it tracks. Both S&P and competing credit-rater Fitch say a Greek default now looks likely. In all the eurozone, only Germany, Europe's No.1 economy, retains an AAA rating.

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