Notice, blaming the stand off over the debt ceiling which was ultimately lifted any last minute bipartisan deal. The feud was cited by fitch is one of the reasons for the downgrade. Make no mistake, this is a major black eye for america. The us treasury, essentially government ious are seen as the bedrock of the Global Financial system. Fitch is essentially pointing out there is an erosion of trust in american leadership. Given the death and perceived safety of us treasuries, this downgrade is not likely to change its role in the financial system. Likely to change its role in the financialsystem. It likely to change its role in the financial system. It could, likely to change its role in the financialsystem. It could, however, make it potentially harder and more expensive for the government to borrow in the future. Right now the Us Government owes 30 trillion in debt. Fitch is highlighting that the Us Government has too much debt doesnt have a way to bring it down. And at washington at
lovely pictures. something that has stargazers ecstatic last night. take a look at these pictures of a supermoon captured the world over. here you can see it rising behind a traffic control centre at ben gurion airport in tel aviv. it s been dubbed the sturgeon moon, and is the first of two we can expect to see this month, with the second due to appear on the 30th of august. i ve shown you photos taken in europe and the middle east so far look at this one from china, of a tv tower in huai an city in jangsu province. and it was looking fiery in istanbul over the city s gallata tower, becoming brighter as the night sky grew darker shown in this image of the grand mosque. plenty more on the bbc website if you had there as well. we are going to pass and get weather details.