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Asian Stock Markets Show Mixed Reactions After US Credit Downgrade

Asia's leading stock exchanges started the trading week on different moods since the US had its credit rating lowered by the credit rating company Moody's on Friday. In Tokyo, the important Nikkei 225 index had lost 0.

Asian Stock Markets Show Mixed Reactions After US Credit Downgrade

US Finance Minister Blames Biden for Credit Rating Downgrade

The downgrading of the USA's credit rating is a "late sign" of former President Joe Biden's transgressions, says Finance Minister Scott Bessent to the American TV channel NBC News. .

US Finance Minister Blames Biden for Credit Rating Downgrade

Moody's Downgrades USA Credit Rating Due to Rising National Debt

The USA's credit rating has been downgraded by the credit rating company Moody's, which refers to an increase in the American national debt. Moody's lowered the rating on Friday from AAA to Aa1.

Moody's Downgrades USA Credit Rating Due to Rising National Debt

Upward trend on Wall Street

The leading indexes on the New York Stock Exchange rose on Friday. The broad S&P 500 index and the technology-heavy Nasdaq composite index both rose 0.

Upward trend on Wall Street

Indians freed from slave-like jobs in Italy

Italian police have freed 33 Indian citizens who worked on a farm in the province of Verona under "slave-like conditions". The migrant workers were forced to work seven days a week and up to twelve hours a day for a wage of 4 euros per hour, approximately 45 kronor.

Indians freed from slave-like jobs in Italy