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moody's News

UK loses top AAA credit rating for first time in 35 years

Britain has lost its cherished AAA credit rating after Moody's, the world's largest global credit rating agency, downgraded the UK to Aa1.

Moody's cuts credit ratings of 15 big banks

Some major banks will find funding more expensive as a result of their credit ratings being cut by Moody's Investors Services.

Moody's downgrades Ontario's rating to Aa1 with stable outlook

Toronto - Moody's Investors Service announced Thursday afternoon that it has downgraded the province of Ontario's issuer and debt rating from Aa2 with positive outlook to Aa1 with a stable outlook due to lack of economic growth and burdensome debt.

Moody's downgrades six European countries amid debt crisis

New York - Moody's has announced that it has downgraded the credit rating of six European countries, while three other nations had their outlook cut to negative. These downgrades come as the European debt crisis persists and the economy remains weak.

Op-Ed: Gold and Silver Are Profitable Safe Havens

History has shown that people who are in power, or want to be in power, or who are afraid of losing power; will do irrational things at the wrong time and shock routine events to spin out of control.
 

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