S&P Downgrades Spain to One Level From Junk
Spain’s debt rating was cut to one level above junk by Standard & Poor’s, which cited mounting economic and political risks as the government considers a second bailout.
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Yi Gang: China to Cut Red Tape for Yuan Transaction
25:26 - Deputy Governor of the People’s Bank of China Yi Gang speaks on how China will cut red tape for Yuan transaction as he participates at the 2017 International Finance and Infrastructure Cooperation Forum at Bloomberg HQ in NY. (Source: Bloomberg)