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Failure to reduce the deficit could trigger another rating's agency downgrade, economists warn. "With all this pressure to reach an agreement, it really doesn't look good if they can't find a solution," Paul Ashworth, chief North American economist at Capital Economics says.
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Daily Readings

Reading 1, Isaiah 11:1-10
A shoot will spring from the stock of Jesse, a new shoot will ... Read More

Psalm, Psalms 72:1, 7-8, 12-13, 17
[Of Solomon] God, endow the king with your own fair judgement, ... Read More

Gospel, Luke 10:21-24
Just at this time, filled with joy by the Holy Spirit, he said, ... Read More

Saint of the Day

December 1 Saint of the Day

St. Eligius
December 1: Eligius (also known as Eloi) was born around 590 near Limoges in ... Read More