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ABC NewsMail - afternoon edition

ABC News
NewsMail Afternoon Edition
Sat 06 Aug, 2011

Top Stories

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US credit rating cut for first time ever

The United States' credit rating has been cut for the first time ever, with Standard & Poor's lowering it from AAA to AA+, citing the country's looming debt and deficit burden.
S&P attached a "negative outlook" to the new rating, despite a push back from the White House which said its analysis of the US economy was deeply flawed.More »

The Drum

More Analysis »

The global craze for austerity will result in more pain

Fear is again stalking international markets. Wall Street and European bourses suffered huge sell-downs as investors rushed for the exits.
For much of the northern hemisphere, the bad economic news this year has been unrelenting. But none of this will affect Australia, right? Wrong.
As anyone who owns a cafe or a clothes store will know, Australia's economy is already showing marked signs of weakness.More »

World

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Japan PM vows nuclear-free future

Japan's prime minister Naoto Kan renewed his pledge to help make Japan nuclear-free as Hiroshima marked the 66th anniversary of the US atomic bombing amid the Fukushima crisis.More »

Science and Technology

More Science and Technology »

NASA's Juno probe sets sail for Jupiter

NASA has launched the billion-dollar solar-powered spacecraft Juno on a five-year journey to Jupiter in search of what makes up the solar system's biggest planet.More »

Environment

More Environment »

Japan PM vows nuclear-free future

Japan's prime minister Naoto Kan renewed his pledge to help make Japan nuclear-free as Hiroshima marked the 66th anniversary of the US atomic bombing amid the Fukushima crisis.More »

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