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US and France Face Credit Downgrades Amid Rising Debt

10/7/2025

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Summary

Story summary

Scope Ratings downgraded the United States to AA with a negative outlook, citing unconventional policies.
The U.S. federal debt now exceeds $36 trillion, with deficits rising after recent legislation.
In France, Prime Minister Sebastien Lecornu resigned after 27 days. Fitch downgraded France due to high debt.
Trinidad and Tobago contracted 2.1% in early 2025. S&P Global warned of potential downgrades.

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Story summary

Scope Ratings downgraded the United States to AA with a negative outlook, citing unconventional policies.
The U.S. federal debt now exceeds $36 trillion, with deficits rising after recent legislation.
In France, Prime Minister Sebastien Lecornu resigned after 27 days. Fitch downgraded France due to high debt.
Trinidad and Tobago contracted 2.1% in early 2025. S&P Global warned of potential downgrades.