MIDEAST STOCKS - Factors to watch - Sept 25
Sept 25 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.
WASHINGTON Nov 8 Cutting the budget of the tax-collecting U.S. Internal Revenue Service, as proposed in Congress, could add $4 billion annually to the federal deficit, IRS Commissioner Douglas Shulman warned on Tuesday.
A cut of at least $525 million has been proposed and would have "serious consequences" that could reduce enforcement actions by 7 percent, Shulman said at a conference, adding that it "would add about $4 billion to the deficit."
ISTANBUL, Sept 24 Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment.
ISTANBUL, Sept 24 Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy.