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France Is Dealt Another Downgrade - Who Is Next ?

Francois Hollande Contemplates

Ratings agency Moody's Investors Service stripped France of its prized triple-A credit rating on Tuesday, triggering worries the move could heighten the risk of a downgrade for other top-rated nations, including the United States and the single currency bloc's largest economy Germany.

Boris Johnson Stokes Multinational Tax Debate

Boris Johnson

Boris Johnson has urged the government to make multinational companies such as Google pay their share of tax in the UK instead of pushing ahead with "absurd" Liberal Democrat proposals to impose a mansion tax on large homes.