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  • S&P defends US downgrade; Moody's says US still AAA

    Ratings agency Standard & Poor's, still under fire for downgrading the United States late last week, on Monday again restated the reasons for its decision while rival Moody's set itself apart, saying America still has the characteristics of a AAA-rated country.

  • Expect announcements on corporates soon: S&P

    Announcements should be expected this morning about more knock-on effects to corporations from S&P's decision to downgrade the United States' credit rating, the head of Standard & Poor's sovereign ratings said on Monday.

  • Expert views: How will US downgrade impact global markets?

    The S&P has downgraded the US credit rating for the first time in history. In an interview on CNBC-TV18, James Glassman of JPMorgan; Peter Hickson of UBS and Vandana Hari, Asia Editorial Director, Platts talk about what the reaction has been across global markets and what kind of ramifications this could have on our market.

  • Downgrade of US credit rating 'negative': S&P

    The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday in an unprecedented blow to the world's largest economy in the wake of a political battle that took the country to the brink of default.

  • Obama officials attack S&P's credibility after downgrade

    The Obama administration attacked the credibility of the analysis underlying Standard & Poor's decision to downgrade the United States' top credit rating on Friday, saying it had found a USD 2 trillion error.

  • It was our duty to downgrade the US, says S&P

    The top official behind Standard & Poor's historic decision on Friday to downgrade the United States' prized triple-A credit rating said it was his company's duty to make such a hard and controversial call.

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