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Fitch warns UK may lose triple-A rating
Mar 15th, 2012
NEW YORK/LONDON (Reuters) - Fitch Ratings revised down its outlook on Britain's AAA rating to negative on Wednesday, warning the nation could lose its top-notch status in the next couple of years if the government eases back on its debt cutting stance. The Fitch action, which comes just a week before British finance minister George Osborne presents his annual budget to parliament and follows a similar move by Moody's just a month ago, is likely to dampen calls for the government to loosen its fiscal stance. ... (Source: Reuters) -
ATHENS, Greece (AP) - Debt-hobbled Greece got some rare goods news on Tuesday, when Fitch ratings agency upgraded its sovereign credit grade after the country's European creditors backed the release of a new rescue loan payment. (Source: Associated Press)... [Full Article]
BEIJING (AP) - China's state media says an envoy from North Korean leader Kim Jong Un has warned there is no guarantee of peace on the Korean Peninsula, but also stressed that his country is willing to hold talks with all sides to find a solution. (Source: Associated Press)... [Full Article]
By Sudip Kar-Gupta LONDON (Reuters) - Britain's benchmark equity index rose on Monday to its best closing level since late 2000, helped by rising bank stocks, and analysts said there was little holding it back from its all-time highs. Interest rate cuts and injections of liquidity by central banks have hit returns on bonds, driving investors t... [Full Article]
A new poll finds that teens are sharing more about themselves on social media. They're also moving increasingly to Twitter to avoid their parents and the "oversharing" that they see on Facebook. ... (Source: Associated Press)... [Full Article]
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