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Alcoa 's (nyse: AA - news - people ) stock price has also soared.
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Its government's yuan debt is now rated AA-, just three notches below the safest mark.
ECONOMIST: China's economy
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Morgan Chase's rating by a notch (to AA-).
ECONOMIST: Through gritted teeth | The
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France is highly likely, with the U.S. also at a risk of going to AA-.
FORBES: Asian Markets Sell In Expression Of No Confidence In US, EU Politics
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The camera's 3-inch monitor, ergonomic design, along with the convenience of AA-size batteries and a dedicated video button make it easy and fun for users to shoot comfortably.
ENGADGET: Nikon updates Coolpix compact lineup with S9500, sub-$200 S5200 and L28
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Plus, world trade is conducted in dollars, so long as the dollar remains the global benchmark currency, going from AAA to AA and maybe even AA- someday will unlikely impact demand for U.S. government bonds.
FORBES: Asia Fast Becoming New Safe Haven, Says BlackRock
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So, as I said yesterday, the eurozone's leaders have an uncomfortable choice between maintaining the EFSF's current resources - deemed as meagre by many - at the new lower AA plus rating, and finally giving up on the idea of leveraging or boosting the fund (because that kind of financial engineering is harder in the absence of an AAA).
BBC: After downgrades, all eyes on ECB
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Just 12.2mm slim (measurement excludes lens cover), which is smaller than the thickness of a standard AA-size battery, the Cyber-shot TX55 is the world's thinnest camera in its class (among cameras with an optical anti-shake function).
ENGADGET: Sony Cyber-shot TX55 packs 16.2-megapixel sensor, promises 'extremely low' noise in dim light
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On Friday Ambac saw its crucial financial strength rating cut to "AA" from "AAA" and the bond insurer's plight is likely to have far-flung effects.
FORBES: Magazine Article