S&P Global Ratings downgraded China’s long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing increasing risks from the country’s rapid build-up of credit. Source: Reuters
The A6 was cut off Saturday morning in both directions at the border between the Saone-et-Loire and the Rhône, by the prefect as a precaution against the expected mobilisation of “yellow vests”. Source Ledauphine
India’s monthly oil imports from Iran plunged to their lowest in a year in November with Tehran dropping two places to become only the sixth biggest supplier after New Delhi cut purchases due to the impact of U.S. sanctions, according to ship tracking data and industry sources. Source: Reuters
British Prime Minister Theresa May wants reassurances that a section of the Brexit withdrawal agreement known as the Irish backstop is temporary. EU leaders say they will at least try to avoid triggering it. Source: Deutsche Welle
