“Slowing GDP growth and political roadblocks to economic policy-making could put India at the risk of losing its investment grade rating”
Standard & Poor’s
For Now, the Eurozone and the Markets Pooh-pooh the Downgrades. But the Long-Term Looms
Modestly positive trading on European stock markets Monday morning appeared to confirm what euro zone leaders had predicted for weeks: that the decision Friday by Standard & Poor’s to cut the credit rating of nine European …
The French on a Credit Downgrade Threat: Pick on Britain
Tis the season—for painful downgrades by credit agencies that is, as Thursday’s move by Fitch targeting six of the world’s largest banks again shows. And indeed, because such action is now so common, the big question …
After Downgrade, Chinese Press Blasts U.S. Borrowing
Official Chinese media have lashed out at American debt following rating agency Standard & Poor’s decision to downgrade the U.S. credit rating. “The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” Xinhua, the …