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S.& P. said the Asian crisis would cause the Thai economy to shrink 3percentthis yearand and the rating agency did not rule out further downgrading.
Nassau County received more bad news about its finances today, as Standard & Poor's warned that it was considering further downgrading the county's bonds, which hover just two notches above junk-bond status.
Gotham City is weak and the citizens blame Batman for the city's violence and corruption as well as the Joker's threats, and it pushes his limits, making him feel that taking the laws into his own hands is further downgrading the city.
S.& P. left Enron under review for a possible further downgrading.
Further downgrading is a possibility, Mr. Rauch added, if the company does not reach an agreement with its banks soon.
The Governor's proposal, similar to one he offered last year, has also raised concerns that reduced contributions could result in a further downgrading of the state's credit rating.
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would be further downgraded by ratings agencies.
Yet the Competition Commission, for whom the issue of public interest has been further downgraded, has said nothing.
Those who fear equalities are to be further downgraded as a government priority take no comfort in the revised arrangements".
By October, when a recession was well under way, they further downgraded their estimates -- but again they said the economy should be growing in six months.
"In addition, compared to the beginning of 2011, consumer confidence has been further downgraded with the increasing risk of another economic downturn.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com