UK and US keep AAA rating

(Reuters): The United States and Britain have retained their top sovereign debt ratings but both countries will need to "severely adjust" fiscal policies in the wake of the global financial crisis, Moody’s Investors Service said in a statement released late on Tuesday. The credit rating agency continues to divide its triple-A governments into three categories: the resistant, the resilient and the vulnerable. Moody’s said in the new quarterly report about debt levels in the world’s major economies. The U.S. and Britain are both viewed as "resilient": the second strongest of the three subdivisions.

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