Tuesday, January 15, 2013

Fitch warns on U.S., Spain ratings, upbeat on Ireland

The United States faces a "material risk" of losing its triple-A status if there is a repeat of the wrangling seen in 2011 over raising the country's self-imposed debt ceiling, credit ratings firm Fitch said on Tuesday.

Fitch also said Spain will continue to face downgrade risks even if it avoids having to ask for a bailout, while Ireland could claw its way back into the single-A rating band if a deal is struck to share the burden of its banking debts.

http://www.reuters.com/article/2013/01/15/us-united-states-rating-fitch-idUSBRE90E0D620130115