LONDON (AP) — Prime Minister David Cameron insisted Monday that Britain's vote to leave the European Union won't send the economy into a tailspin, even as Standard & Poor's stripped the U.K. of its top credit rating. Hours after he spoke, Standard & Poor's knocked the U.K.'s sovereign rating by two notches, from AAA to AA, saying an exit will lead to a "less predictable, stable and effective policy framework in the U.K." The Brexit vote "is just one chapter in a much bigger global story" in which Europe, the United States and other Western nations cooperate less, endure economic gloom and see their role in the world diminish, Megan Greene, chief economist with Manulife Asset Management, wrote in a research note Monday. WASHINGTON (AP) — U.S.
Business Highlights
By The Associated Press, Seattle Post-Intelligencer: Business
Mon, 06/27/2016 - 4:51pm
Topics: london ap prime minister david cameron hours aa u.k the brexit united states western megan greene manulife asset management washington ap u.s treasury secretary jacob lew british san francisco ap volkswagen ap the keystone xl canada-to-texas transcanada inc north american free trade agreement state department ap european union standard poor u.k the europe u.s volkswagen obama monday billion company additional rating leave vote buy deal repair polluting vehicles owner project person rejected global
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