US government loses triple-A credit rating
United States, Washington: The US Treasury on August 5, 2011 after Standard & Poor's cut the US credit rating for the first time in history. The US has lost its top-level triple-A credit rating for...
View ArticleItaly Downgraded from A+ to A by S&P
Standard and Poor's dropped Italy's credit rating from A+ to A. Standard & Poor’s drops credit rating to A from A+, blaming sluggish economy and ineffective government reforms. Italy has had its...
View ArticleAmerican credit rating to be downgraded again
Only three months after Standard & Poor’s downgraded America’s credit rating, the other two top agencies — Moody’s and Fitch — could be considering a downgrade of their own in the very near...
View ArticleS&P Downgrades EU Credit Ratings
Standard & Poor's has downgraded the credit ratings of several European nations. Standard & Poor’s has downgraded the credit ratings of France, Italy, and Spain, as the European debt crisis...
View ArticleCredit markets close doors to Spain as banking crisis grows
Spain’s Minister of Finance and Public Administrations Cristobal Montoro The Greek stock market has plummeted 5.9 percent after Standard & Poor’s credit rating agency warned that the country has a...
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