Posted by Reuters: Business News on January 14, 2012
BRUSSELS (Reuters) – France risks another downgrade of its sovereign credit rating if its public debt and budget deficit deteriorate further, Standard & Poor’s said on Saturday, a day after it cut the country’s top-notch AAA rating by one notch to AA+.
Posted by Reuters: Business News on December 30, 2011
MADRID (Reuters) – Spain’s new government said on Friday that this year’s budget deficit would be much larger than expected and announced a slew of surprise tax hikes and wage freezes that could drag the country back to the centre of the euro zone debt crisis.
Posted by Reuters: Business News on November 29, 2011
NEW YORK (Reuters) – Fitch Ratings gave the United States until 2013 to come up with a “credible plan” to tackle its ballooning budget deficit or risk a downgrade of the country’s coveted AAA rating.
Posted by Reuters: Business News on November 28, 2011
NEW YORK (Reuters) – Fitch Ratings gave the United States until 2013 to come up with a “credible plan” to tackle its ballooning budget deficit before it downgrades the country’s coveted AAA rating.
Posted by Reuters: Business News on November 18, 2011
NEW YORK (Reuters) – A brutal year for global investors may get even worse next week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping U.S. budget deficit.
Posted by Reuters: Business News on August 10, 2011
WASHINGTON (Reuters) – The United States is running a $1.1 trillion budget deficit to date in the current fiscal year, the Treasury Department said on Wednesday, as lawmakers began to seek extra cuts in public spending to rein in debt.
Posted by Reuters: Business News on August 8, 2011
NEW YORK (Reuters) – Ratings agency Moody’s repeated a warning on Monday it could downgrade the United States before 2013 if the fiscal or economic outlook weakens significantly, but said it saw the potential for a new debt agreement in Washington to cut the budget deficit before then.
Posted by Reuters: Business News on August 2, 2011
WASHINGTON (Reuters) – The United States is poised to step back from the brink of economic disaster on Tuesday as a bitterly fought deal to cut the budget deficit is expected to clear the Senate and President Barack Obama’s desk.
Posted by Reuters: Business News on July 25, 2011
NEW YORK (Reuters) – The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse in Washington reduced hopes of an agreement to meaningfully cut the nation’s budget deficit.
Posted by Reuters: Business News on July 14, 2011
NEW YORK (Reuters) – Wall Street was set to rise on Thursday as higher profit from JPMorgan offset concern about closing the U.S. budget deficit after Moody’s threatened to downgrade the United States’ top credit rating.
