Tag Archives: downgrade

411 on the EU’s Credit Rating Downgrade

S&P strikes again! Just when the week is about to end, the credit ratings agency stripped the European Union of its AAA rating. How will this affect the region’s future? Read more

Countdown to U.S. Default: An Update

With only a couple of hours left before Treasury Secretary Jack Lew’s October 17 deadline, let’s take a peek at what’s been happening with the debt ceiling debates and how it has affected the dollar. Read more