Stand and Poor's (S&P), one of the 3 largest rating agency, has cut the rating of France and 8 other Euro-zone countries so total 9 countries were downgraded on last Friday. France has lost its AAA with one notch so France now has AA+. While Italy and Spain were downgraded by two notches. This is very bad news for Euro-zone economies. S&P has warned months ago about the possible downgrades ... [Continue Reading]