06 Aug '11, 1am

US loses Triple-AAA rating for first time

WASHINGTON: Standard & Poor's cut the US credit rating for the first time in history Friday, saying the country's politicians are increasingly unable to come to grips with its massive fiscal deficit and debt load. S&P cut the US rating from its top-flight triple-A one notch to AA+, and added a negative outlook to it, saying there was a chance it could be downgraded again within two years if progress is not made cutting the huge government budget gap. It was the first time the US was downgraded since it received an AAA rating from Moody's in 1917; it has held the S&P rating since 1941. The rating came after a strong push back from the White House, which called S&P's analysis of the economy deeply flawed. A Treasury spokesperson alleged that there was a "two trillion dollar error" in the S&P analysis, without offering any immediate explanation. The blow came after the White ...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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US loses Triple-AAA rating for first time - Yah...

sg.finance.yahoo.com 06 Aug '11, 1am

On Saturday 6 August 2011, 8:40 SGT The United States' credit rating was cut for the first time ever Friday when Standard ...

US loses AAA credit rating for first time

US loses AAA credit rating for first time

straitstimes.com 06 Aug '11, 1am

The United States' credit rating was cut for the first time ever Friday when Standard and Poor's lowered it from triple-A ...

World digests US rating downgrade

World digests US rating downgrade

channelnewsasia.com 06 Aug '11, 4pm

WASHINGTON: The United States and the world struggled on Saturday to come to grips with the first-ever US credit rating do...

Singapore may be affected by US rating cut: Economists

Singapore may be affected by US rating cut: Eco...

straitstimes.com 07 Aug '11, 12am

An ABC News ticker in New York's Times Square announcing the bad news about the credit rating downgrade for the United Sta...

India calls US downgrade 'grave': NEW DELHI - THE loss by the United States of its top-rank AAA credit rating f...

India calls US downgrade 'grave': NEW DELHI - T...

straitstimes.com 06 Aug '11, 11am

The loss by the United States of its top-rank AAA credit rating from Standard & Poor's has created a 'grave' situation, In...

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Dutch military joins Gay Pride parade for first...

straitstimes.com 06 Aug '11, 10am

Embracing a policy of 'Do Tell,' the Dutch military is joining Amsterdam's annual Gay Pride parade for the first time this...

US lingered too long over debt ceiling: S&P off...

channelnewsasia.com 06 Aug '11, 3am

WASHINGTON: The United States could have avoided the downgrade of its credit rating if it had lifted its debt ceiling earl...

US govt official on S&P's downgrade of US credi...

todayonline.com 08 Aug '11, 4am

WASHINGTON - The day after Standard & Poor's took the unprecedented step of stripping the US government of its top credit ...

Fowler trying to turn Go Time into Winning Time...

pgatour.com 06 Aug '11, 1am

Fowler trying to turn Go Time into Winning Time text size Aug. 5, 2011 By Helen Ross, PGATOUR.COM Chief of Correspondents ...

Impact of US downgrade uncertain, say analysts

Impact of US downgrade uncertain, say analysts

channelnewsasia.com 06 Aug '11, 6pm

WASHINGTON: Given the size of the US economy and the pre-eminent role of the dollar worldwide, the cut to Washington's cre...

France total confidence in US despite #ratings downgrade

France total confidence in US despite #ratings ...

straitstimes.com 06 Aug '11, 11am

France has 'total confidence' in the solidity of the US economy, Economy Minister Francois Baroin told AFP, the first Euro...

Taiwan sees 'no impact' from US debt downgrade

straitstimes.com 06 Aug '11, 9am

TAIPEI - THE deputy governor of Taiwan's central bank sought to play down worries over the US debt downgrade on Saturday, ...

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little Jordan was overjoyed to be sitting in a baby chair ; now...my wife and I has finally allowed little Jordan to enjoy...

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asiaone.com 11 Aug '11, 10am

Countries that still have the AAA rating

France has 'total confidence' in US economy

France has 'total confidence' in US economy

channelnewsasia.com 06 Aug '11, 11am

PARIS: France has "total confidence" in the solidity of the US economy, Economy Minister Francois Baroin told AFP on Satur...