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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
Curated by Nick Laight
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Uh Oh! Fitch downgrades six global banks

Uh Oh! Fitch downgrades six global banks | Countdown to Financial Armageddon | Scoop.it

Ratings agency Fitch downgrades six of the world's largest banks, including Goldman Sachs and Barclays, citing the challenging financial markets.

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Fitch downgrades UK bank ratings

Fitch downgrades UK bank ratings | Countdown to Financial Armageddon | Scoop.it

Ratings agency Fitch downgrades the credit ratings of two UK banks, Lloyds and Royal Bank of Scotland.

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Portugal debt lowered to 'junk'

Portugal debt lowered to 'junk' | Countdown to Financial Armageddon | Scoop.it

Portugal has its debt rating cut by Fitch to so-called "junk" status, as the nation enters a 24-hour strike against austerity measures.

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And so it goes... Italy and Spain debt downgraded

And so it goes... Italy and Spain debt downgraded | Countdown to Financial Armageddon | Scoop.it

Italian and Spanish government debt are both downgraded by the Fitch credit rating agency.

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