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Moody’s just downgraded U.S. debt, stripping it of its last AAA credit rating – the gold standard, an untouchable badge of fiscal honor. And if you’ve been tuned in to financial media the past few ...
Issuing the world’s reserve currency has long allowed the US to borrow cheaply, even with outsized deficits. But every privilege – even an ‘exorbitant’ one – comes with responsibilities. And right now ...
The Mexican peso continued to gain on the dollar on Tuesday morning after Moody's downgraded the United States' sovereign credit rating.
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Inquirer Business on MSNPhilippine investors hold on to US assetsMajor Philippine institutions are not shunning American asset classes just because Moody’s decided to downgrade the United States’ pristine credit rating. However, the global debt watcher’s action has ...
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