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    S&P double standards? Trust in credit agencies down to junk

    RT News Channel

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    The United States' prized top AAA credit rating has been cut for the first time ever. Standard & Poor's has dropped America's ranking to AA+.The downgrade came too late to hit Europe's stock markets - which have already taken a hammering this week - being battered by the Eurozone and America's debt difficulties. RT's Daniel Bushell is monitoring the fallout in Brussels.

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