Fitch warns of U.S. downgrade if no budget deal in 2013 (Reuters)

Reuters – Fitch Ratings gave the United States until 2013 to come up with a “credible plan” to tackle its ballooning budget deficit before it downgrades the country’s coveted AAA rating. Yahoo! News: Business News
Read More

Fitch cuts Italy, Spain ratings; outlook negative (Reuters)

Reuters – Fitch Ratings on Friday cut Italy’s sovereign credit rating by one notch and Spain’s by two, citing a worsening of the euro zone debt crisis and a risk of fiscal slippage in both countries. Yahoo! News: Business News
Read More

Fitch affirms U.S. AAA rating, disagrees with S&P (Reuters)

Reuters – Fitch Ratings on Tuesday confirmed the United States’ top-notch credit rating and, in blatant disagreement with rival Standard & Poor’s, gave a vote of confidence to Washington’s deficit-reduction efforts. Yahoo! News: Business News
Read More