Further US Credit Downgrade Possible

The U.S. governments credit rating could be downgraded even further, according to the rating agency that removed the United States from a list of top-tier creditworthy nations. Standard and Poors judgement Days after Standard and Poors made headlines

VOA标准英语10月-Credit Rating Executives Acknowledge Failures

U.S. lawmakers have accused major credit rating agencies of serious failures in how they assessed mortgage-backed securities and other investments. Executives of major firms, and former employees testified at a congressional hearing, the latest to e

Moody's downgrades Eurozone bailout fund credit outlook

NEW YORK, July 24 (Xinhua) -- Moody's Investors Service on Tuesday cut the outlook for the credit rating of the European Financial Stability Facility (EFSF) to negative from stable, warning that the rescue fund would lose its Aaa rating. The rating a

Markets Plunge; S&P, US Spar Over Rating Cut

Global financial markets continue to drop sharply in reaction to an unprecedented downgrade of the U.S. government's credit rating and lingering concerns about European debt problems and global economic growth. In early Asia trading Tuesday, Japan's

Rating Agencies Affirm France's AAA Credit

The three major credit rating agencies have affirmed France's AAA rating even as the country's borrowing costs are increasing. Standard Poor's, Moody's Investors Service and Fitch Ratings all said Wednesday they are maintaining the country's top cred

Germany's Credit Warning Underscores Eurozone Problems

PARIS Stock markets and the euro currency dipped Tuesday after the international financial-rating agency Moody's lowered its credit outlook for Europe's strongest economy, Germany. New jitters are also surfacing over two shakier European economies, S

Moody's downgrades Greece to lowest rating

LONDON/NEW YORK, March 2 (Xinhua) -- The rating agency Moody's on Friday cut the sovereign credit rating of Greece to the lowest level, saying the country's default risk was high. Moody's downgraded Greece long term sovereign credit rating from Ca to

S&P Downgrades French Credit Rating

Standard Poor's Friday downgraded the credit ratings of nine European countries caught up in the eurozone crisis. This includes France, which has Europe's second-largest economy. SP's downgrade of France's credit rating has been expected for weeks. F

Markets Calm After European Credit Downgrades

European markets reacted nonchalantly Monday after credit rating agency Standard Poor's downgraded nine countries, including France and Austria, late Friday. The widely followed agency also reduced the ratings of Italy, Spain and Portugal, as well as

Credit Rating Agency Upgrades Nigeria's Outlook

Credit rating agency Standard and Poors has revised Nigeria's economic outlook from stable to positive. In a statement, the rating agency says the Nigerian government, under President Goodluck Jonathan, has undertaken several important reform initiat

Rating Agency Downgrades US Credit Outlook

Standard and Poor's Ratings Services announced Monday that the United States continues to have a AAA [Triple-A] credit rating, but the rating agency lowered its long-term credit outlook for the U.S. government. SP cited U.S. budget deficits and gover

Moody's Downgrades 12 British Banks

Moody's Investors Service has downgraded the credit ratings of 12 British banks over concerns that the government will not provide adequate support to the institutions if they become financially troubled. The credit rating firm said Friday that the d

新西兰英语 516 Credit Rating Downgrade

Two rating agencies, Standard and Poors (S P) and Fitch downgraded New Zealands credit rating from AA+ to AA. This is the first downgrade in 13 years. A credit rating gives some idea of whether the economy is stable and whether the government can pay

S&P downgrades Egypt's credit ratings

CAIRO, Feb. 10 (Xinhua) -- Standard and Poor's (SP) downgraded on Friday the long-term rating on Egypt from B+ to B due to sharp decline of foreign exchange reserves and political uncertainties. There would be further downgrade if the Egyptian govern

S&P Downgrades US Credit Rating for First Time

The credit rating agency Standard Poor's has downgraded the U.S. credit rating for the first time ever from the country's elite AAA status to AA-plus, with a negative outlook. In a statement late Friday, SP said it made the move because the deficit-r

Italy Faces Credit Rating Cut

A major financial services company says that Italy faces a significant chance of having its credit rating cut soon, but that it has no plans to downgrade France's top credit standing. Fitch Ratings said Tuesday it is confident that the 17-nation Euro

S&P Cuts Italy's Credit Rating

Standard Poors has cut Italy's credit rating, citing weak economic growth and political uncertainty. The credit rating agency cut Italy's rating one notch Monday - from A+ to A. SP said the country's shaky coalition government and differences in parl

National Debts Can Threaten Economic Growth

Efforts to slash national debts are at the heart of fierce debates in United States and protests in other nations. In some cases, these government debts are bigger than the entire economic output of the nation for a year. Debt problems can slow econo

US Faces Possible Credit Rating Downgrade

U.S. President Barack Obama and Congress are engaged in an intense rush to settle on a plan to raise the countrys borrowing limit beyond the current total of more than $14 trillion. It is an effort aimed at averting a possible default on the countrys

学个词 Learn a Word-VOA英语教学 2787 credit rating

今天我们要学的词是 credit rating. Credit rating 信用评级。The Fitch agency has downgraded South Africa's credit rating to junk status. 国际评级机构惠誉将南非的信用评级降至垃圾地位。Standard and Poor's has raised A