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It proves in particular that last Thursday' s decision was taken too hastily and carelessly.
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In its report on Spain on Thursday, S.&P. said it expected the deficit to end up at no better than 6.2 percent.
On Thursday, S.& P. lowered Spain's bond rating by two rungs, to BBB+ from A, leaving it two notches away from losing investment-grade status.
Last Thursday, S.&P. lowered Spain's long-term debt rating by one notch, to AA minus from AA, because of the country's poor growth prospects and troubled banks.
In its report on Spain on Thursday, S.& P. said it expected the country to end up at no better than 6.2 percent.
In a statement Thursday, S.&P. said it now expected Britain's government debt as a percentage of gross domestic product to continue to rise in 2015 before declining again, adding, "Future employment or growth shocks could pressure government finances further".
Also on Thursday, S&P changed the outlook on the credit ratings of the Russian state-controlled oil and gas companies Gazprom, Lukoil, Rosneft and Transneft from "stable" to "negative".
Thus, Thursdays news disappointed investors.
Thursdays announced copper find should provide Rio added ammunition against BHPs bid.
Thursdays announcement will only provide Dell's critics with more ammo.
The problem, it seems, is that some terrorists may have escaped Thursdays roundup.
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CEO of Professional Science Editing for Scientists @ prosciediting.com