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
The charges are Conspiracy To Defraud the United States. Conspiracy to obstruct an official proceeding, obstruction of an official proceeding, and conspiracy against the rights of citizens. The former president is due to appear before a federal court on thursday In Washington, dc, as Our Washington correspondent sean dilley explains. Chanting we love trump hes the first president to be charged with a federal crime. But if previous cases are anything to go by, Donald Trumps third indictment is only likely to boost his popularity with Republican Voters. The charges he faces, though, are serious. The 45 Page Indictment accuses the former president of knowingly spreading false claims about Election Fraud to trick and persuade states into helping him overturn the election results. The police are now running back into the capitol building. Hes not been charged with inciting the violent scenes of january 6th, but prosecutors have drawn a link. The attack on our Nations Capital on january 6th,
all of that is coming up. let s round up of the business news of the day. nice to see you, i m going to start this hour in the united states because there has been a downgrade, markets have opened down a little after the world s biggest economy was stripped of its top credit rating. the ratings agency fitch lowered its rating for the us. it is citing concerns over the state of the country s debt levels and its stewardship of the economy over the last 20 years. michelle has the details from new york. like many americans details from new york. like many americans who details from new york. like many americans who have details from new york. like many americans who have credit - details from new york. like many| americans who have credit reports details from new york. like many i americans who have credit reports to determine if they can borrow money and how much debt they can take on the us government has its own credit report and itjust got downgraded for the first time since 2011
“p up of the business news of the round up of the business news of the day. nice to see you, i m going to start this hour in the united states because there has been a downgrade, markets have opened down a little after the world s biggest economy was stripped of its top credit rating. the ratings agency fitch lowered its rating for the us. it is citing concerns over the state of the country s debt levels and its stewardship of the economy over the last 20 years. michelle has the details from new york. like many americans details from new york. like many americans who details from new york. like many americans who have details from new york. like many americans who have credit - details from new york. like many| americans who have credit reports details from new york. like many i americans who have credit reports to determine if they can borrow money and how much debt they can take on the us government has its own credit report and itjust got downgraded for the first time since
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