WASHINGTON (Reuters) - Standard and Poor's does not think the United States will default on its debt, the rating agency's president Deven Sharma said on Wednesday.
S&p Does Not Think U.s. Will Default On Its Debt
Reuters: Top News, Reuters
Wed, 07/27/2011 - 9:54am
RELATED ARTICLES
- S&P cuts Egypt's credit ratings
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. More - Obama signs legislation ending FAA furloughs
President Barack Obama has signed into law a bill to end furloughs of air traffic controllers. The furloughs stemmed from the automatic, across-the-board spending cuts that started taking effect in March. Millions of air travelers were affected recently by delayed flights across the country because of the furloughs. More - New study: debt limit deadline likely extended
The likely deadline for Congress to prevent the government's first default will be later than earlier thought, a Washington think tank has found. The Bipartisan Policy Center said Friday that the government probably won't reach the brink of default until early September or early October. More - Dems, GOP talk up deficit reduction, but don't act
Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary.... More - Where the Budget Cut Pain Is Really Being Felt
"It's in areas like health care, education and job training," Packer said. "Programs are closing or are being cut, layoffs are happening. It's not just waiting in line a bit longer at the airport." More
BING NEWS:
- Should you buy bonds now? Here's what Vanguard thinks
If you choose a safe individual bond, you can hold it until maturity and almost certainly receive par value for the bond at that point. If you want the safest bonds, buy Treasuries. You can purchase ...
04/27/2024 - 1:03 am | View Link - Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges
Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's production and cashflow.
04/26/2024 - 7:08 am | View Link - Why Trump really could push the U.S. to default on its debt
Donald Trump knows a thing or two about defaulting on debt. His businesses have filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code at least four times to overcome excessive ...
04/26/2024 - 2:51 am | View Link - 2024’s Retail Distress List is Growing, Experts Say
Asos, JCPenney, Neiman Marcus, Rent The Runway, Stitch Fix, and The RealReal are on the list credit watchers say could see further distress.
04/23/2024 - 3:30 am | View Link - Default: The Landmark Court Battle Over Argentina’s $100 Billion Debt Restructuring
Makoff tells the painful but illuminating story of Argentina’s 2001 sovereign debt default and the decades of negotiation needed to repair the country’s broken relations with its creditors.
04/22/2024 - 5:02 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more