Wednesday , 27 March 2019
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World News

US LOSES AAA CREDIT RATING

WASHINGTON:  Sending shock waves through America, credit rating agency Standard & Poor’s has downgraded its top notch credit rating, stripping the world’s largest economy of its prized AAA status. Obama administration officials called it “a facts-be-damned decision”, saying S&P admitted to an error that inflated US deficits by $2 trillion.

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