Rating still cut the risk
 
Fitch maintained its sovereign credit rating given the highest AAA rating in the report published on the 10th, but the rating outlook remains negative. The agency said the rating is unlikely to change before the end of 2013, specifically the Government to cut the deficit to the assessment according to this year's U.S. presidential election.
Fitch notes that the United States continues to have the highest rating of the main support factor is a diversified and productive economy, the dollar's global reserve currency status, the rating outlook reflects the risk of U.S. fiscal policy uncertainty and European debt crisis . In addition to deficit reduction to the lack of a wide range of public and consensus between political parties is also a risk factor for the U.S. rating outlook.
 
Fitch said the long-term economic growth is not enough to prevent the ratio of debt to gross domestic product (GDP) continued to rise. Expected to the 2014 U.S. federal public debt to GDP ratio will reach 79%. In addition, before the end of this year, the United States will usher in a new round of "debt ceiling crisis, when the U.S. credit rating may re-examine. If Congress from both parties failed to reach a consensus on deficit reduction program will push up levels of debt in the next 10 years, this fear will lead to the U.S. credit rating were to drop; If the parties can reach a consensus on several years of deficit reduction program. will make the government debt stabilization, to ensure confidence in long-term sustainability of public finances, which will have the United States to bring support to keep its AAA rating.
 
In November last year, Fitch U.S. credit rating outlook from "stable" down to "negative". Then the background is composed of 12 members of the U.S. Congress, deficit reduction "super committee" can not deficit reduction plan before the deadline to reach agreement, thus triggering the automatic deficit reduction mechanism. This means that the 2013 U.S. government needs to automatically reduce red 1.2 trillion U.S. dollars.
 
Prior to August last year, due to the protracted between the two parties' dispute of the debt limit "damage market confidence, rating agency Standard & Poor's U.S. credit rating lowered to AA + by another rating agency Moody's credit rating outlook lowered "negative".



Other News:
Fitch Affirms America 3A rating outlook remains negative
The first half of Russian exports to the EU steel 1.3 million tons
HSBC report shows slower growth in emerging markets in the second quarter
People's Daily: The Diaoyu Island issue out of control risk is not non-existent
Clinton asked the Chinese side agreed to develop a Code of Conduct in the South
Foreign media: BHP Billiton to secure iron ore expansion plans
Lathe common fixture structure characteristics and use
Lubrication and maintenance of the basic things of the daily production on the l