All McDonald's in Poland shut down over bomb scare

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All of over 300 McDonald’s restaurants across Poland were evacuated on Tuesday night after a bomb threat, Gazeta.pl news portal reported. The portal reported citing Krzysztof Klapa, a spokesman for McDonald’s company in Poland, that an anonymous telephone call warned about a bomb in one of the McDonald’s restaurants, but did not specify which one. “Since we never ignore such calls, we immediately warned the police and it took measures across whole Poland,” he was cited as saying. Reuters reported citing Mariusz Sokolowski, a spokesman for the Polish police, that it was a false alarm and law enforcers were currently focused on finding the perpetrator.

Fitch downgrades BRICS: An attempt to discredit the emerging markets and scare investors away from BRICS countries.

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Firtch has cut its outlook on all BRICS countries and predicts a downturn for the emerging economies. At once, the agency's analysts feel that American and European economies have recovered from recession and will become growing.

In a study note sent to the press, Fitch explained the rationale behind the outlook cut:

“Many of the biggest emerging markets are experiencing strains from spillovers from advanced economies and China, difficult policy tradeoffs, a declining impact from credit growth and structural bottlenecks.”

There are several problems with this forecast.

First and foremost, Fitch has lost its credibility following a big amount of securities rated “triple A” by this agency went to zero throughout the financial crisis. Therefore, any rating distributed by Fitch should be taken with a grain of salt. 

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