Ratings agency Standard and Poor’s has revised the outlook for the U.S. economy and now considers the outlook for the country as “stable”.
In August 2011, the ratings agency downgraded the U.S. from AAA to AA+ with a negative outlook, meaning that they felt it was likely another downgrade would happen within a few years. Continue reading
The finance ministers and economic advisers for the G20 nations are gathering for a meeting in Moscow under a cloud of suspicion regarding a global currency war. 
