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Posts Tagged ‘debt’

French finance minister François Baroin has confirmed that the ratings agency Standard and Poor’s intends to strip France of its AAA credit rating. (photo, from lemonde.fr) (more…)

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Following a week of confusion on global stock markets which was triggered by fears over the eurozone crisis and the US economy’s recovery, Standard and Poor’s announced on Friday that it has downgraded the United States’ AAA rating to AA+ for the first time.(photo, from bbcimg.co.uk) (more…)

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The UK and the Netherlands will get back the money they paid in 2008, when Iceland’s three main banks collapsed, said the country’s president Olafur Ragnar Grimsson. (more…)

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