u s credit ratings news
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U.S. takes plunge in world credit ratings
The U.S. has taken a plunge in the world credit ratings and now stands at the number fifth position. Bad news met the people of America yesterday as the country's rating slipped to the fifth position in the
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S & P cut U.S. rating to AA- plus a one notch downgrade
S&P cut the long-term US credit rating by one notch to AA-plus on Friday, citing the country's looming debt and deficit burden. U.S. Tresuries now rated lower than bonds issued by UK, Germany, France and Canada. This does not
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