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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
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With a government shutdown looming and a federal deficit that continues to climb, the bond rating firm Moody's on Friday lowered its outlook for U.S. Treasury debt to "negative" from "stable."
The change is a signal that Moody's, the only one of the three major credit ratings agencies that still considers U.S. debt worthy of its top rating, may soon apply a downgrade.
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