Dow Responds to U.S Downgrade By Plunging Over 600 Points
In response to Standard & Poor’s first-ever downgrade on the outlook for the U.S economy from a triple-A rating to AA+, the Dow Jones Industrial Average reacted dramatically
Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk
Despite Portugal having negotiated a 78 billion euro bail-out package in May, the credit rating agency, Moody’s Investors Service, cut the Euro country’s debt rating to junk st
Greece PM Papandreou to Reshuffle Cabinet, enforce Austerity Plan
George Papandreou, Prime Minister of Greece, is all set to announce a new cabinet in his latest effort to further push for austerity measures; an absolute necessity if Greece wants
