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Tuesday, August 2, 2011
US retreats from brink of debt default
US retreats from brink of debt default No immediate downgrade but vulnerability remains, with Moody’s retaining the country’s triple A rating but switching its outlook to ‘negative’
http://link.ft.com/r/DHGUVV/
http://link.ft.com/r/DHGUVV/
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The spectre of an imminent US retreats on its debt disappeared as legislation to increase America’s borrowing authority cleared its last remaining hurdle in the Senate.
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