Sajjad Shaukat
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US fiscal challenges downgrades standard of the poor, it had lowered the American long-term credit rating to AA-plus, involving political risks and a rising debt burden for the decision.
A report of the agency, The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the governments medium-term debt dynamics......
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A report of the agency, The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the governments medium-term debt dynamics......
Read Full Story >>