Moody's affirms U.S. AAA rating despite rising debt

Wed May 27, 2009 11:30am EDT
 
[-] Text [+]

NEW YORK (Reuters) - Moody's Investors Service on Wednesday affirmed the AAA credit rating of the United States, assuaging fears about U.S. creditworthiness that have been creeping up in financial markets.

The rating agency said the U.S. economy's long-term resilience and key role in global affairs should bolster its ability to resume a strong performance following the current recession.

(Reporting by Pedro Nicolaci da Costa, Editing by Chizu Nomiyama)

 
East German citizens climb the Berlin wall at the Brandeburg gate after the opening of the East German border was announced, November 10, 1989.  REUTERS/File
The Wall's economic legacy

Twenty years after the fall of the Berlin Wall, much of the East German economy has cast off the shackles of its Communist past. But some of the changes have come at a price.  Full Article | Full Coverage 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Avaaz activists protest during a demonstration on the final day the Barcelona Climate Change Talks November 6, 2009.  REUTERS/Gustau Nacarino
U.S. singled out for delay of climate pact

The United States is likely to bear the brunt of the blame among developed nations for an expected six- to 12-month delay to a new global climate deal.   Full Article