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Risky Business
China has scolded the US over its “addiction to debt” after rating agency Standard & Poor’s downgraded the US’ top-notch AAA rating to AA+. State news agency Xinhua said unless the US cut its...
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BungaBusta!
Italy has had the rating of its creditworthiness cut, the latest move in the European debt crisis. Standard and Poor’s cut its rating by one level to A from A+, and said the outlook remained negative....
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