Credit rating agency Standard &amp; Poor's has downgraded the world's largest economy, the US, from an AAA to an AA+ status. While US President Barack Obama told subdued voters, already tense because of a deepening debt crisis, "We are going to get through this," Italian Prime Minister Silvio Berlusconi said finance ministers from the Group of Seven (G7) industrialised nations would meet for a common plan of action soon. Meanwhile Finance Minister Pranab Mukherjee released a statement at New Delhi saying, "The situation is grave but our markets have the capacity to withstand the negative sentiments affecting the external world."<br />

Credit rating agency Standard & Poor's has downgraded the world's largest economy, the US, from an AAA to an AA+ status.

US loses AAA credit rating, FM remains optimistic

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Home / Mumbai / Mumbai News / Article / US loses AAA credit rating, FM remains optimistic

US loses AAA credit rating, FM remains optimistic

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