River of Bobylon

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The Ivory Coast ambassador to the United Nations is calling for more international pressure to make incumbent President Laurent Gbagbo cede power. The Ivorian diplomat warned the situation could turn more violent if outside help is insufficient to fo

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Rating Agency Downgrades US Credit Outlook

Standard and Poor's Ratings Services announced Monday that the United States continues to have a AAA [Triple-A] credit rating, but the rating agency lowered its long-term credit outlook for the U.S. government. SP cited U.S. budget deficits and gover

新西兰英语 516 Credit Rating Downgrade

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The credit rating agency Standard Poor's has downgraded the U.S. credit rating for the first time ever from the country's elite AAA status to AA-plus, with a negative outlook. In a statement late Friday, SP said it made the move because the deficit-r

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S&P Cuts Italy's Credit Rating

Standard Poors has cut Italy's credit rating, citing weak economic growth and political uncertainty. The credit rating agency cut Italy's rating one notch Monday - from A+ to A. SP said the country's shaky coalition government and differences in parl

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U.S. President Barack Obama and Congress are engaged in an intense rush to settle on a plan to raise the countrys borrowing limit beyond the current total of more than $14 trillion. It is an effort aimed at averting a possible default on the countrys

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Jo: This is Real English from BBC Learning English. Im Jo. Jean: And Im Jean. Jo: Today were going to look at words and phrases that have recently become part of the English language. Jean: 在我们的《地道英语》节目当中，我们会带领大家一起来学习和熟