The dome of the Capitol is reflected in a puddle in Washington February 17, 2012.REUTERS/Kevin Lamarque

Another debt ceiling debacle could sink the economy

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write. This time could be worse.  Read more at Counterparties  

French TV says France downgraded by S&P, citing source

PARIS | Fri Jan 13, 2012 10:29am EST

PARIS (Reuters) - Standard & Poor's ratings agency has downgraded France's credit rating, French television channels reported on Friday, citing a government source.

The channels did not provide further details.

(Reporting By Nicholas Vinocur; Editing by Brian Love)

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Comments (1)
Harry079 wrote:
What a SCOOP!

MSNBC is quoting Reuters for this story!

Jan 13, 2012 11:04am EST  --  Report as abuse
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