Open

Coming up

Don't miss

Replay


LATEST SHOWS

FOCUS

Bangladesh: Textile workers' lives still at risk?

Read more

TALKING EUROPE

José Bové, Candidate for the EU Commission presidency, Group of the Greens

Read more

WEB NEWS

NYPD's online campaign backfires

Read more

ENCORE!

Celebrating the Bard's birthday in Britain

Read more

THE INTERVIEW

Yuki Tatsumi, Senior Associate of the East Asia Program, Stimson Center

Read more

INSIDE THE AMERICAS

USA: Executions halted over drugs secrecy

Read more

IN THE PAPERS

An overly optimistic plan?

Read more

IN THE PAPERS

#NYPD Fail

Read more

BUSINESS DAILY

Soaring iPhone sales in China boost Apple earnings

Read more

  • Russia orders military drills as Ukraine moves on separatists

    Read more

  • Israel halts Middle East peace talks over Hamas deal

    Read more

  • Afghan guard kills US doctors in Kabul hospital attack

    Read more

  • Platini: PSG in danger over Financial Fair Play rules

    Read more

  • Ségolène Royal denies banning cleavage at French ministry

    Read more

  • Palestinian unity deal stirs anger in Israel

    Read more

  • Video: Mayor in east Ukraine ready ‘to turn Slaviansk into battlefield’

    Read more

  • US would defend Japan in islands dispute, Obama says

    Read more

  • New far-right mayor moves to quash Paris region mosque

    Read more

  • US soldiers arrive in Poland as Ukraine crisis continues

    Read more

  • Fatah, Hamas agree to form Palestinian unity government

    Read more

  • Millions of Syrians desperately need aid, says UN

    Read more

  • Muslims in CAR pray for an escape route

    Read more

  • Madrid beat Bayern 1-0 in first leg of Champions League semis

    Read more

  • Britain's ex-PM Blair warns against spread of radical Islam

    Read more

  • Turkish PM offers condolences to descendants of Armenians killed in 1915

    Read more

  • Gay marriage, one year on: ‘French civilisation did not crumble’

    Read more

  • Colombian president reinstates firebrand Bogota mayor

    Read more

  • NYPD public relations campaign on Twitter goes awry

    Read more

  • In pictures: Violent protests erupt in Rio

    Read more

Americas

Fitch maintains top credit rating for US

©

Text by News Wires

Latest update : 2011-08-16

Fitch Ratings has confirmed the United States' triple-A rating, with a stable outlook, 10 days after fellow ratings agency Standard & Poor's set off a storm by announcing the first-ever downgrade of US debt.

AP - Fitch Ratings says it will keep its rating on U.S. debt at the highest grade, AAA. It also says its outlook on the U.S. ratings is stable.

Fellow ratings agency Standard & Poor’s, set off a tempest in the stock market last week after it downgraded part of the U.S. debt rating from the highest grade to the second-highest grade.
 
Fitch cited the United States’ “flexible, diversified and wealthy economy,” as well as its flexibility in monetary and exchange rates that allows it to adjust to marketplace shocks.
 
The other main ratings agency, Moody’s, still rates the U.S. debt at its highest grade but says its outlook is negative.
 

Date created : 2011-08-16

  • UNITED STATES

    S&P downgrades US credit rating from 'AAA' in historic move

    Read more

  • FINANCIAL CRISIS

    Markets amok as Sword of Damocles hangs over France

    Read more

  • FINANCIAL CRISIS

    Recession fears grip market in worst week since 2008

    Read more

Comments

COMMENT(S)