Sign up to save your podcasts
Or
Share Moody's downgrades US credit rating, citing rising debt
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Moody's downgrades US credit rating, citing rising debt
The credit rating agency Moody’s has stripped the United States of its triple-A credit rating, warning investors about rising levels of government debt and a widening budget deficit. The agency has shifted the US rating down one notch to AA1, while changing its outlook from negative to stable.
Novo Nordisk, the company that makes the weight loss drugs Ozempic and Wegovy, is abruptly ousting its chief executive, Lars Fruergaard Jørgensen, over concerns the firm is losing ground in the popular weight-loss drug market.
Consumer boycotts of countries and companies are on the rise, with the latest being an Indian tourism boycott of Turkey and Azerbaijan. This comes as some Canadians boycott the US, while others refuse to buy from some specific companies over their policies.
We will be joined throughout the programme by Rahul Tandon is joined by two guests on opposite sides of the world: Lori Ann Larocco, senior editor at CNBC Business News in the US, and Peter Ryan, ABC's senior business correspondent in Australia.
View all episodes
By BBC World Service
4.4
4141 ratings
The credit rating agency Moody’s has stripped the United States of its triple-A credit rating, warning investors about rising levels of government debt and a widening budget deficit. The agency has shifted the US rating down one notch to AA1, while changing its outlook from negative to stable.
Novo Nordisk, the company that makes the weight loss drugs Ozempic and Wegovy, is abruptly ousting its chief executive, Lars Fruergaard Jørgensen, over concerns the firm is losing ground in the popular weight-loss drug market.
Consumer boycotts of countries and companies are on the rise, with the latest being an Indian tourism boycott of Turkey and Azerbaijan. This comes as some Canadians boycott the US, while others refuse to buy from some specific companies over their policies.
We will be joined throughout the programme by Rahul Tandon is joined by two guests on opposite sides of the world: Lori Ann Larocco, senior editor at CNBC Business News in the US, and Peter Ryan, ABC's senior business correspondent in Australia.
More shows like Business Matters
View all
In Our Time
5,403 Listeners
The Documentary Podcast
1,832 Listeners
Global News Podcast
7,709 Listeners
Economist Podcasts
4,257 Listeners
Business Daily
526 Listeners
6 Minute English
1,790 Listeners
Learning English Conversations
1,080 Listeners
Discovery
953 Listeners
World Business Report
282 Listeners
The Infinite Monkey Cage
1,948 Listeners
Newshour
1,040 Listeners
In Our Time: History
1,905 Listeners
The Interview
365 Listeners
The Inquiry
753 Listeners
Six O'Clock News
194 Listeners
The Real Story
274 Listeners
Behind the Money
222 Listeners
FT News Briefing
706 Listeners
Americast
747 Listeners
You're Dead to Me
2,982 Listeners
The Explanation
28 Listeners
The Global Story
160 Listeners