U.S. rating affirmed at ‘AAA': Fitch Ratings

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Source: RTT News
Credit rating of the world's largest economy was affirmed at ‘AAA' by the Fitch Ratings, a report released by the agency showed on Friday, and the country's outlook stayed ‘stable' according to the report. The agency expects the federal government debt of the U.S. peak at 100% of the gross domestic product this year and it should decrease afterwards.

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Fri, 21 Mar 2014 15:29:03 GMT

U.K. budget deficit rises more than forecast in February

Budget deficit in the United Kingdom exceeded initial projections in February as revenues increased at a slower pace than the government expenditures, the latest data released by the Office for National Statistics showed on Friday. According to the data, the nation's deficit rose to 9.3 billion pounds in February, while in February 2013 the debt was 9.2 billion pounds.

Fri, 21 Mar 2014 07:27:59 GMT

Australia's leading index eases in January

A leading index measuring economic activity in Australia slowed down in the month of January rising slightly by 0.2% on a sequential basis to 128.3, a report unveiled by the Conference Board showed on Friday. According to the report, the country's leading index eased from December's level of 0.9% following am advance by 0.3% recorded in November.

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