In this grave crisis, the world's leaders are terrifyingly out of their depth: Certain years have gone down in history as great global turning points, after which nothing was remotely the same: 1914, 1929, 1939, 1989. Now it looks horribly plausible that 2011 will join their number.
Debt crisis: Race to stop markets chaos – live blog
S&P AA+ rating on U.S. Sovereign Debt not Low Enough -- Peter Schiff : Video -
Asia Braces for Fallout From Downgrade: An adviser to the central bank of China, the largest U.S. creditor, said the downgrade would damage the U.S. dollar in currency markets
Saudi stock market first to plunge on S&P downgrade: Saudi Arabia's stock market dropped 5.46pc on Saturday as it became the first exchange to react to the historic US credit downgrade.
Tel Aviv Stock Exchange opens to 6% losses as global crisis felt in Israel: Losses come as international markets are left reeling by Standard & Poor’s downgrade of U.S. credit rating for first time in history.
A day after 300,000 march for social justice, Netanyahu government pledges change: Israel's finance minister says the government will take swift action to reduce the soaring cost of living, looking to ease tensions a day after 300,000 people demonstrated across the country.
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