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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/ZG8RSW/EW4YCB/FX5NJZ/JEEVT5/CM/h?a1=2011&a2=8&a3=2

1 comment:

  1. 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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