Moody’s: U.S. Aaa Rating Not Under Pressure in 2010 or 2011

by | Nov 16, 2010 | Towing

The U.S. Aaa credit rating won’t be under pressure from budget deficits in 2010 or 2011, Moody’s Investors Service (MOD) said.

The White House budget office projects that the federal deficit will top $1.5 trillion this year.

“Certainly over time, a…

Are European Debt Problems Fixed, or Just Papered Over?

by | Oct 1, 2010 | Towing

Officially, Europe’s fiscal health is on the mend, but each time the Continent’s debt crisis is declared history, some ugly financial news quickly emerges to undercut those claims. Indeed, the real eurozone meltdown may still …