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
5,426 Listeners
The Documentary Podcast
1,807 Listeners
Global News Podcast
7,657 Listeners
Economist Podcasts
4,209 Listeners
Business Daily
519 Listeners
6 Minute English
1,747 Listeners
Learning English Conversations
1,066 Listeners
Discovery
971 Listeners
World Business Report
289 Listeners
The Infinite Monkey Cage
2,062 Listeners
Newshour
1,041 Listeners
In Our Time: History
1,864 Listeners
The Interview
367 Listeners
The Inquiry
754 Listeners
Six O'Clock News
197 Listeners
The Real Story
277 Listeners
Behind the Money
221 Listeners
FT News Briefing
676 Listeners
Americast
702 Listeners
You're Dead to Me
2,988 Listeners
The Explanation
25 Listeners
The Global Story
142 Listeners