Standard & Poor's warned it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes. |||
Standard & Poor's warned on Monday it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes.
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European stocks struggled to rise after Standard & Poor's warned that a recent French proposal to get banks involved in helping Greece would trigger a default on the country's debt. ||| European stocks struggled to rise on Monday af... Read Post
The Treasury is now forecasting that it will be able to continue U.S. government operations until August without raising the debt ceiling. The reason is the U.S. government tax intake, which has been higher than expected, according ... Read Post
Japan is in danger of slipping from its AA- credit rating if public debt continues to rise. ||| Japan is in danger of slipping from its AA- credit rating if public debt continues to rise and if reforms are held up as its unpopular g... Read Post