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June 7, 2012

U.S. rating faces 2013 cut if no credible plan: Fitch

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Fitch Ratings reiterated on Thursday it would cut its sovereign credit rating for the United States next year if Washington cannot come to grips with its deficits and create a "credible" fiscal consolidation plan. It also said it would immediately cut the credit ratings on Cyprus, Ireland, Italy,... FF News: Fundamental

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