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Universal Credit Rating Group
Universal Credit Rating Group (UCRG) () was a credit rating agency joint venture of capital from the US, China and Russia. UCRG was based in Hong Kong and designed to rival western credit rating agencies. History Plans to create UCRG were announced in October 2012, and it was officially founded in Hong Kong in June 2013, as a partnership between Dagong Global Credit, Egan-Jones Ratings, and RusRating. In 2014, it described itself as the only international credit rating agency based in the Asia Pacific area. On 23 June 2014, UCRG announced its 2015-20 operating plan along with the formation of an advisory council to the group chaired by former French Prime Minister Dominique de Villepin. The other initial members are former Australian Prime Minister Kevin Rudd Kevin Michael Rudd (born 21 September 1957) is an Australian diplomat and former politician who served as the 26th prime minister of Australia from 2007 to 2010 and June to September 2013. He held office as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominique De Villepin
Dominique Marie François René Galouzeau de Villepin (; born 14 November 1953) is a French politician who served as Prime Minister of France from 31 May 2005 to 17 May 2007 under President Jacques Chirac. In his career working at the Ministry for Europe and Foreign Affairs (France), Ministry of Foreign Affairs, De Villepin rose through the ranks of the French right as one of Chirac's protégés. He came into the international spotlight as Minister of Foreign Affairs with his opposition to the 2003 invasion of Iraq, one year after his appointment to the office, which culminated with a speech to the United Nations. Before his tenure as prime minister, he also served as Minister of the Interior (2004–2005). After being replaced by François Fillon as prime minister, De Villepin was indicted in connection with the Clearstream affair, ''Clearstream'' affair; [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2013
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Radio
China National Radio (CNR; ) is the national radio network of China, headquartered in Beijing. CNR forms the national radio service of the state-owned China Media Group (also known as the "Voice of China"). History The infrastructure began with a transmitter from Moscow to set up its first station in Yan'an (延安). It used the call sign XNCR ("New China Radio") for broadcasts, and is the first radio station set up by the Chinese Communist Party in 1940. Miller, Toby (2003). ''Television: Critical Concepts in Media and Cultural Studies''. Routledge Publishing. In the west, it was known as the Yan'an New China Radio Station () broadcasting two hours daily. In China, it was called the Yan'an Xinhua Broadcasting Station, which was established on 30 December 1940.CNR website.CNR website" ''CNR introduction.'' Retrieved on 2007-04-29. On 25 March 1949, it was renamed Shanbei Xinhua Broadcasting Station () after it departed from Yan'an. It began to broadcast in Beiping under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xinhua News Agency
Xinhua News Agency (English pronunciation: ),J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English or New China News Agency, is the official state news agency of the People's Republic of China. It is a ministry-level institution of the State Council. Founded in 1931, it is the largest media organ in China. Xinhua is a publisher, as well as a news agency; it publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each international audience. The organization has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Igor Ivanov
Igor Sergeyevich Ivanov (; born 23 September 1945) is a Russian politician and diplomat who was Foreign Minister of Russia from 1998 to 2004 under both the Yeltsin and the Putin administrations. Early life Ivanov was born in 1945 in Moscow to a Russian father and a Georgian mother (Elena Sagirashvili). In 1969 he graduated at the Maurice Thorez Moscow Institute of Foreign Languages ( Moscow State Linguistic University). He joined the Soviet Foreign Ministry in 1973 and spent a decade in Spain. He returned to the Soviet Union in 1983. In 1991 he became the ambassador in Madrid. Minister of Foreign Affairs He was appointed Minister of Foreign Affairs on September 11, 1998. As Russian foreign minister, Ivanov was an opponent of NATO's action in Yugoslavia. He was also an opponent of the U.S. invasion of Iraq. Ivanov played a key role in mediating a deal between Georgian President Eduard Shevardnadze and opposition parties during Georgia's "Rose Revolution" in 2003. Later ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shaukat Aziz
Shaukat Aziz (born 6 March 1949) is a Pakistani-born British former banker who served as the 15th prime minister of Pakistan from 28 August 2004 to 15 November 2007. When his term as Prime Minister was over, he immediately left Pakistan and settled in the United Kingdom. Previously, he served as the finance minister of Pakistan from 6 November 1999 to 27 August 2004. Aziz was born in Karachi. He graduated from the Institute of Business Administration and later joined the corporate staff of the CitiBank Pakistan in 1969. He initially served as CitiBank financier, and became executive vice-president of Citibank in 1999. In 1999, Aziz entered politics on the personal request of Pervez Musharraf and moved to Pakistan from the United States to assume charge of the Finance Ministry as the finance minister. In 2004, Aziz was nominated by the Musharraf as his prime minister after taking resignation from Zafarullah Khan Jamali on 6 June 2004. Early life and education Shaukat A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kevin Rudd
Kevin Michael Rudd (born 21 September 1957) is an Australian diplomat and former politician who served as the 26th prime minister of Australia from 2007 to 2010 and June to September 2013. He held office as the Leaders of the Australian Labor Party#Leader, leader of the Labor Party from 2006 to 2013. Since 2023, Rudd has served as the 23rd List of ambassadors of Australia to the United States, ambassador of Australia to the United States. Born in Nambour, Queensland, Rudd graduated from the Australian National University with honours in Sinology, Chinese studies, and is fluent in Mandarin language, Mandarin. Before politics, he worked as a diplomat and public servant for the Queensland state government of Wayne Goss. Rudd was elected to the Australian House of Representatives at the 1998 Australian federal election, 1998 federal election for the Queensland division of division of Griffith, Griffith. He was promoted to the Shadow Cabinet (Australia), shadow cabinet in 2001 as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phoenix Television
Phoenix Television is a majority State-owned enterprise, state-owned television network that offers Standard Chinese, Mandarin and Cantonese-language channels that serve mainland China, Hong Kong, Macau, and other markets with substantial Chinese-language viewers. It is headquartered in Shenzhen and Hong Kong. It is also registered in the Cayman Islands. The founder of Phoenix TV, Liu Changle (), formerly served as an officer and political instructor in the People's Liberation Army in its 40th Group Army. He later became a journalist for the Chinese Communist Party (CCP)-controlled China National Radio after the Cultural Revolution and maintains strong connections to the CCP's leadership. Liu is a standing member of the National Committee of the Chinese People's Political Consultative Conference. Phoenix Television describes itself as a Media of Hong Kong, Hong Kong media outlet but holds a non-domestic television programme services license in Hong Kong. Most of the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagong Global Credit Rating
Dagong Global Credit Rating () is a state-owned credit rating agency based in China. History The company was established in 1994, following approval by the People's Bank of China and the State Economic and Trade Division of the People's Republic of China. In May 2009, an agreement of mutual cooperation was signed with Xinhua News Agency, reported as "promoting a national credit rating system". The company stated that it has used "dialectical materialism" as part of its evaluative approach. In June 2013, Dagong Europe Credit Rating was registered and received authorisation from the European Securities and Markets Authority as Credit Rating Agency. In the same year, it was recognised by the Joint Committee of the three European Supervisory Authorities ( EBA, ESMA and EIOPA) as External Credit Assessment Institution operating in the European Union. It was led by Mauro Alfonso until February 2014. Regulatory Actions In 2018, Dagong's operations were suspended following accusa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating Agency
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers. Other forms of a rating agency include environmental, social and corporate governance (ESG) rating agencies and the Chinese Social Credit System. The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and collateralized debt obligations. The issuers of the obligations or securities may be companies, special purpose entities, state or local governments, non-profit organizations, or sovereign nations. A credit rating facilitates the trading of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government). It is the practice of predicting or forecasting the ability of a supposed debtor to pay back the debt or default. The credit rating represents an evaluation from a credit rating agency of the qualitative and quantitative information for the prospective debtor, including information provided by the prospective debtor and other non-public information obtained by the credit rating agency's analysts. Credit reporting (or credit score) is a subset of credit rating. It is a numeric evaluation of an ''individual's'' credit worthiness, which is done by a credit bureau or consumer credit reporting agency. Sovereign credit ratings A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors when looki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
