US Credit Rating

China Suggests Time Is Right For New Global Reserve Currency

Huffington Post UK | Posted 06.10.2011 | UK

China has said that the United States is placing the world economy at risk through its "addiction" to debt, and has called on the country to cut defen...

US Credit Rating Downgraded

Press Association | Press Association | Posted 05.10.2011 | UK

PRESS ASSOCIATION -- The United States has been left reeling after Standard & Poor's lowered the nation's AAA credit rating for the first time since g...

Washington Notebook: A Machiavellian Bargain

Jon-Christopher Bua | Posted 02.10.2011 | UK
Jon-Christopher Bua

After a long and painful process both Houses of Congress finally voted to raise the debt ceiling and cut spending in an effort to begin to reduce the deficit.

World Markets Drop As Parties Stall on US Debt Deal

PA | Posted 24.09.2011 | UK

PRESS ASSOCIATION -- The global financial markets remain nervous after Democrats and Republicans failed to reach agreement over a crucial deal to prev...