Essential Reading to Understand The Headlines

Sunday, August 7, 2011

Downgraded US Economy Puts Global Markets on Edge

S&P Cuts US Credit Rating For First Time In Modern History -

Why the recent S&P is a dangerous thing

India says US downgrade situation "grave" - Channel NewsAsia

China Has `Every Right' To Demand US Address Debt Problems -Xinhua -

US Stocks Plunge As Recession Fears Drive Worst Loss Since Financial Crisis -

Currency Intervention Reappears as Fed May Ease - Bloomberg