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AllSides - Balanced News

AllSides - Balanced News

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Moody's downgrades US credit rating over rising debt

Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch due to persistent fiscal deficits that it sees as likely to deteriorate in the future. The downgrade moves the U.S. credit rating down one notch from Aaa to Aa1 on Moody's 21-notch rating scale. The firm also changed its outlook for the U.S. from negative to stable. Moody's said that the downgrade "reflects the increase over more than a decade in government debt and interest...

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US loses last perfect credit rating amid rising debt

The US has lost its last perfect credit rating, as influential ratings firm Moody's expressed concern over the government's ability to pay back its debt. In lowering the US rating from 'AAA' to 'Aa1', Moody's noted that successive US administrations had failed to reverse ballooning deficits and interest costs. A triple-A rating signifies a country's highest possible credit reliability, and indicates it is considered to be in very good financial health with a strong capacity to repay its...

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Moody’s downgrades US credit, citing rising debt

Moody’s Ratings Service on Friday said it is downgrading the U.S.’s creditworthiness in response to an increase in government debt over the past decade and rising interest payments, in a blow to the Trump administration that could push up borrowing costs.

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Iran’s supreme leader says Trump ‘lied’ about bringing peace in Mideast

Iranian Supreme Leader Ayatollah Ali Khamenei said Saturday that U.S. President Donald Trump “lied” about his intentions to ensure peace in the Middle East and asked Washington to leave the region. Khamenei’s comments came the day after Trump concluded a four-day tour of Gulf allies — Saudi Arabia, Qatar and the United Arab Emirates — which was followed quickly by the start of a new Israeli military operation in the Gaza Strip.

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Polish presidential vote tests whether PM's European vision is Trump-proof

Poles were voting on Sunday in a presidential election that will decide whether Warsaw follows the pro-European path set by Prime Minister Donald Tusk, or take a step towards bringing back the nationalist admirers of U.S. President Donald Trump. Trump's return to power has energised eurosceptics across Europe, and Sunday's ballot will be the sternest test of Tusk's pro-European vision since he came to power in 2023, ousting the nationalist Law and Justice (PiS) party.