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The Sir Robert Bond Papers: Will DBRS re-do its rating for Newfoundland and Labrador? #nlpoli

Premier Paul Davis was proud of the fact that a bond rating agency had confirmed the province’s credit rating.Curiously, he never told anyone which rating agency it was and, as it seems,  very few if any news outlets reported on the release issued… . . . → Read More: The Sir Robert Bond Papers: Will DBRS re-do its rating for Newfoundland and Labrador? #nlpoli

LeDaro: U.S government shutdown ends but at what cost

It is estimated that the government shutdown cost the U.S $24 billion. Moreover, the country’s credit rating is in doubt and international confidence in U.S credit is in doubt. Will this drama be repeated come next year?

Mark Wilson / Getty Images Open for business, but the shutdown cost plenty. The U.S. Capitol building is . . . → Read More: LeDaro: U.S government shutdown ends but at what cost

The Disaffected Lib: Cameron’s Austerity Wins Britain a Credit Downgrade

It’s not like Britain’s Conservatives weren’t warned their austerity platform would bludgeon their nation’s economy.  Still, David Cameron didn’t have to boast that keeping Britain’s AAA credit rating intact would by the real test of his economic and political credibility.

Oopsie.

Britain’s credit rating has now been dropped from AAA to Aa1 by the . . . → Read More: The Disaffected Lib: Cameron’s Austerity Wins Britain a Credit Downgrade