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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...

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Italy 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...

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American 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...

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S&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...

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Credit 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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