Archives

Rating downgrade a ‘humiliating blow’

**On August 4, 2011, Credit rating agency Standard & Poor’s (S&P) downgraded its credit rating of the United States from AAA to AA+. On January 13, 2012, S&P decreased its credit rating for France from AAA to AA+. Last Friday, Moody’s Investor’s Service decreed that it was the United Kingdom’s...
Read More

By , Mar. 12, 2013