Moody’s says US, UK have to fix public finances


Jamaica Observer: “Moody’s says US, UK have to fix public finances”

LONDON, England – The United States and Britain must take action soon to get their public finances in order if they want to avoid threats to their top triple-A credit ratings, a leading credit ratings agency said yesterday.


Jamaica Observer: “Moody’s US credit warning spooks world markets”

LONDON, England – EUROPEAN and US stock markets fell sharply yesterday after worse than expected German industrial production data and a warning from a leading credit ratings agency that the US Government needs to get its public finances in shape soon.