calendar>>April 26. 2011 Juch 100
Standard and Poors Estimates US Economic Situation as Negative
Pyongyang, April 26 (KCNA) -- Standard and Poors degraded the U.S. credit rating, indicative of its economic situation, from level of "stable" to "negative".

One of the main factors is the increasing budget deficit and state debt in the U.S., it pointed out.

It added that policy-makers of the U.S. have not yet come to an agreement over how to grapple with the still hard financial difficulty even though several years have passed since the financial crisis.

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