Showing 1 - 10 of 72
Family matters: Thaksin's party down, maybe not out
AFP, Published on 09/02/2026
» Thailand's most successful party of the 21st century just had its worst election result ever, raising questions about the future of the political machine built by jailed ex-prime minister Thaksin Shinawatra.
US loses last triple-A credit rating as Moody's cuts on growing government debt
AFP, Published on 17/05/2025
» WASHINGTON — The United States lost its last triple-A credit rating from a major agency on Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
Stock markets diverge on mixed US jobs data
AFP, Published on 04/08/2023
» LONDON: Stock markets diverged on Friday, with US stocks pushing higher after positive earnings and a tepid jobs report that could help the Federal Reserve hold off on further interest rate hikes.
US credit downgrade 'entirely unwarranted': Yellen
AFP, Published on 03/08/2023
» MCLEAN (UNITED STATES): A US credit downgrade by Fitch was "entirely unwarranted," Treasury Secretary Janet Yellen said Wednesday, pushing back against the second-ever decrease by a major ratings agency following repeated debt limit standoffs in Washington.
Fitch downgrades US credit rating after debt limit standoffs
AFP, Published on 02/08/2023
» WASHINGTON - Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
Biden signs debt ceiling bill into law, averting default
AFP, Published on 04/06/2023
» WASHINGTON - US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world's biggest economy.
Biden hails averting 'catastrophic' default in Oval Office speech
AFP, Published on 03/06/2023
» WASHINGTON - US President Joe Biden told Americans on Friday in a rare Oval Office address that the debt ceiling bill passed by Congress after weeks of wrangling saved the country from "economic collapse."
French credit rating under more pressure
AFP, Published on 02/06/2023
» PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.
Biden cuts deal in principle with Republicans to avert catastrophic US default
AFP, Published on 28/05/2023
» WASHINGTON - US President Joe Biden and Republican lawmakers struck a deal in principle to raise the country's debt ceiling Saturday, in a crucial first step towards eliminating the threat of a disastrous default with just days to spare.
US warned debt standoff could hit credit rating
AFP, Published on 25/05/2023
» WASHINGTON: Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardised if the White House and Republican opposition fail to overcome their impasse on raising the nation's borrowing limit, a week before a key deadline.