Markets began a late-day slide after a leading agency cut its credit rating on Financial Guaranty, one of the nation's largest bond insurers.
On Wednesday, a leading rating agency cut its credit rating on Financial Guaranty, one of the nation's largest bond insurers.
Mr. Taylor, 60, a businessman from Lewistown, became a leading proponent of tax cuts, sponsoring legislation that cut business property taxes to 3percentt from 6percentt.
Such meters have been introduced, for example, at Coal Ridge High School in New Castle, Colo., a leading contender that has cut its energy use by about 10.5 percent.
The chancellor, George Osborne, has expressed confidence in the viability of the country's banks after a leading credit rating agency cut its ratings on 12 British financial institutions.
PARIS -- A leading airline trade group cut its forecast for industry losses this year in half Thursday, because of what it said was a stronger-than-expected economic recovery in emerging markets, especially in Asia and Latin America.
A leading economic forecaster has cut its growth forecast for the Scottish economy this year.
Meanwhile, a leading investment house drastically cut its three-month forecast for Brent crude from $80 a barrel to $42.
They include France, Germany and even Britain, which is usually a leading voice for deep cuts and was once a strong critic of the navigation program.
"The way it was handled was just a nightmare," said Richard Male, a nonprofit consultant who has become a leading critic of the cuts.
