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Moody's Investors Service has placed the Aaa bond rating of the government of the United States on review for possible downgrade given the rising possibility that the statutory debt limit will not be raised on a timely basis, leading to a default on US Treasury debt obligations.
Nonetheless, projections point to a growing likelihood that Trump's woes will help Democrats take back the Senate and a small but rising possibility the same could happen in the House of Representatives.
The rising possibility that Mr Sarkozy will lose the presidential election in France in 2012 is also a good omen for Turkey.But it may not be enough just to sit and wait.
"The continued fall in P.M.I. in May, after a drop in April, shows the rising possibility of a slowdown in economic growth," Zhang Liqun, a government researcher, said in a statement accompanying the data release.
The ratings agency added, "The outlook on the ratings is negative, given the rising possibility that the city will file for bankruptcy or default on an obligation over the next 12 to 24 months, the general uncertainty of state oversight, and the city's ongoing inability to implement reforms necessary to regain financial stability".
The federal government has also been put on notice by Moody's, "given the rising possibility that the statutory debt limit will not be raised on a timely basis, leading to a default on US Treasury debt obligations".
Moody's, the ratings agency, threatened a credit downgrade, citing a "rising possibility" that no deal would be reached before the government's borrowing authority hits its limit on Aug. 2.
Moody's cited a "rising possibility" that no deal would be reached before the United States government's borrowing authority hits its limit on Aug. 2. On Thursday, Ben S. Bernanke, the chairman of the Federal Reserve, repeated a warning that a "huge financial calamity" would occur if President Obama and the Republicans could not agree on a budget deal that allowed the debt ceiling to be raised.
In a statement, Moody's said it sees a "rising possibility that the statutory debt limit will not be raised on a timely basis, leading to a default on U.S. Treasury debt obligations".
Because of the "rising possibility" that Congress will not soon approve a deal to raise the debt limit, Moody's Investors Service has reportedly put the U.S. on review for a possible credit rating downgrade, according to Bloomberg.
They also present lower sea level rise possibilities from Antarctica in this century.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com