Sentences with phrase «new debt downgrades»

Not exact matches

It's hard to know for sure, but market analysts point to new types of souped - up computerized trading and extraordinary global economic turmoil — from protests over a second bailout for Greece to the downgrade of United States debt.

Instead, I will offer you a piece written by Michael Lewis in Boomerang (Travels in the New Third World), on what the world did when Standard & Poor downgraded their rating on US debt:

New Rochelle Mayor Noam Bramson Expresses «Disappointment» Over Moody's Downgrade of City's Debt

Standard & Poor's warned Alistair Darling in 2010 that he would need to put debt on a similar trajectory if a new Labour government were to avoid a downgrade.

CPS Chief Administrative Officer Tim Cawley said he does not expect the new bond issue to lower the district's debt rating, which has already been downgraded once in the past two years.

Borrowing costs may be higher because of PA's 5 credit downgrades AND lawmakers who support this borrowing have not shared how they plan to pay for these substantial new debt service payments in future budgets.

But the opposition parties warn it's a ticking time bomb that will herald a new wave of public sector job cuts and provoke a downgrade of Ontario's debt rating, jacking up borrowing costs that are already consuming about $ 11 billion a year — its fourth - largest expense.

Posted in AARP, insurance, life insurance, New York Life, Prudential, ratings Tagged AARP, AARP / New York Life, ability to pay claims, AM Best, debt, downgraded ratings, Genworth Life, insurance, life insurance, New York Life, Northwestern Mutual, Prudential, rating agencies, ratings, Standard and Poors, USAA

Despite the Standard & Poor's downgrade of U.S. debt, a worsening European sovereign debt crisis and rising stock market volatility, the U.S. economy continues to expand and create new jobs, supported by strong consumer spending and business investment.