Premier Paul Davis was proud of the fact that a bond rating agency had confirmed the province’s credit rating.Curiously, he never told anyone which rating agency it was and, as it seems, very few if any news outlets reported on the release issued…
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LeDaro: U.S government shutdown ends but at what cost
It is estimated that the government shutdown cost the U.S $24 billion. Moreover, the country’s credit rating is in doubt and international confidence in U.S credit is in doubt. Will this drama be repeated come next year? Mark Wilson / Getty Images Open for business, but the shutdown cost plenty.
Continue readingThe Disaffected Lib: Cameron’s Austerity Wins Britain a Credit Downgrade
It’s not like Britain’s Conservatives weren’t warned their austerity platform would bludgeon their nation’s economy. Still, David Cameron didn’t have to boast that keeping Britain’s AAA credit rating intact would by the real test of his economic and political credibility. Oopsie. Britain’s credit rating has now been dropped from AAA
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