Friday, 05 August 2011 19:29
S&P Downgrades U.S. Credit Rating To AA Despite Debt Ceiling Deal
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According to the AP, S&P, (Standard and Poors) has downgraded the United States credit rating from a AAA to a AA+ despite the agreement by President Barack Obama and the U.S. Congress.

Read: (more to follow)
  1. S&P reconsiders U.S. downgrade: CNBC (Reuters)
  2. U.S. expecting debt downgrade: ABC News (Reuters)

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