India: No arrests, claims in Mumbai blasts |
- India: No arrests, claims in Mumbai blasts
- South Sudan to be newest U.N. member
- Civilian Deaths Rise in Afghanistan
- Besiktas coach detained in match-fixing probe
- British Open under way at Royal St George's (AFP)
- Australia PM open to review amid News Corp scandal (AFP)
- 'Dramatic' sales drop for top Australian retailer (AFP)
- In World Cup semifinal, US spirit tops French finesse (The Christian Science Monitor)
- EU unveils plan to revive dwindling fish stocks (The Christian Science Monitor)
- VIDEO: Can Google+ rival Facebook?
- Who's Behind Mumbai's Rush-Hour Bombings? (Time.com)
- China artist Ai Weiwei 'happy' to take Berlin post (AFP)
- Mass graves in Sudan? US group releases new photos (AP)
- Australia may review media laws after NewsCorp scandal (Reuters)
- The Aisha Bibi Case: Her Father Wants to Petition the Taliban for Justice (Time.com)
- The World of Clockwork Robots
- VIDEO: Who was behind Mumbai bombs?
- India police search for perpetrators of triple Mumbai blasts (Reuters)
- No warnings, clues in deadly triple Mumbai blasts
- Moody's puts US ratings on review for downgrade
India: No arrests, claims in Mumbai blasts Posted: 13 Jul 2011 09:57 PM PDT |
South Sudan to be newest U.N. member Posted: 13 Jul 2011 11:06 PM PDT |
Civilian Deaths Rise in Afghanistan Posted: 13 Jul 2011 11:07 PM PDT |
Besiktas coach detained in match-fixing probe Posted: 13 Jul 2011 10:49 PM PDT |
British Open under way at Royal St George's (AFP) Posted: 13 Jul 2011 10:47 PM PDT |
Australia PM open to review amid News Corp scandal (AFP) Posted: 13 Jul 2011 10:50 PM PDT |
'Dramatic' sales drop for top Australian retailer (AFP) Posted: 13 Jul 2011 10:32 PM PDT |
In World Cup semifinal, US spirit tops French finesse (The Christian Science Monitor) Posted: 13 Jul 2011 01:17 PM PDT |
EU unveils plan to revive dwindling fish stocks (The Christian Science Monitor) Posted: 13 Jul 2011 11:04 AM PDT |
VIDEO: Can Google+ rival Facebook? Posted: 13 Jul 2011 10:28 PM PDT |
Who's Behind Mumbai's Rush-Hour Bombings? (Time.com) Posted: 13 Jul 2011 10:00 PM PDT |
China artist Ai Weiwei 'happy' to take Berlin post (AFP) Posted: 13 Jul 2011 09:36 PM PDT |
Mass graves in Sudan? US group releases new photos (AP) Posted: 13 Jul 2011 10:05 PM PDT |
Australia may review media laws after NewsCorp scandal (Reuters) Posted: 13 Jul 2011 09:52 PM PDT |
The Aisha Bibi Case: Her Father Wants to Petition the Taliban for Justice (Time.com) Posted: 13 Jul 2011 10:00 PM PDT |
Posted: 13 Jul 2011 10:10 PM PDT |
VIDEO: Who was behind Mumbai bombs? Posted: 13 Jul 2011 10:11 PM PDT |
India police search for perpetrators of triple Mumbai blasts (Reuters) Posted: 13 Jul 2011 09:20 PM PDT |
No warnings, clues in deadly triple Mumbai blasts Posted: 13 Jul 2011 11:05 PM PDT |
Moody's puts US ratings on review for downgrade Posted: 13 Jul 2011 04:51 PM PDT NEW YORK: The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's legal borrowing limit and the government misses debt payments, Moody's Investors Service warned on Wednesday. Moody's is the first of the big-three credit rating agencies to place the United States' Aaa rating on review for a possible downgrade, meaning the agency is close to cutting the country's rating. Standard and Poor's placed the U.S. rating on negative outlook on April 18 which meant a downgrade is likely in 12-18 months. "They are worried they are having these ideological arguments while Rome burns," said Carl Kaufman, portfolio manager at Oster weis Capital Management in San Francisco. A lower credit rating would cause havoc in financial markets around the world and increase borrowing costs for the government and businesses, further harming public finances and weighing on the economic recovery. In a statement, Moody's said it sees a "rising possibility that the statutory debt limit will not be raised on a timely basis, leading to a default on U.S. Treasury debt obligations." Risks of a default on Treasuries, traditionally seen as the world's safest investment, have increased since the government reached its legal borrowing limit of $14.294 trillion on May 16. Congress has refused to raise the statutory borrowing limit until agreement is reached on cutting the fiscal deficit which was US$1.29 trillion in the last fiscal year. The Treasury Department has said if the debt ceiling is not raised by August 2 it will have to start prioritizing payments. -- Reuters |
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