ABC NewsMail - afternoon edition

NewsMail Afternoon Edition Sat 06 Aug, 2011 Top Stories More Top Stories » 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 » Japan PM vows nuclear-free future Cyclone zone bananas hit the shelves British teen killed by polar bear Market tumble sparks super fears Workers seek compo over Montara spill Flood victims in ballot for land on higher ground US soldier jailed for killing Afghan civilian Malaysia bound asylum seekers 'on hunger strike' Police convicted of post-Katrina shootings 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 » Apologising for the bomb: a letter on our anniversary Conversations: the world's in for a wild economic ride Moonlight affair still clouds Gillard's identity What if the Oslo terrorist was Ahmad Breivik? Put down your gun: the tyranny of professional 'consensus' Giving birth to the AFL's giant, vile beast No end to hacking's house of horrors The Arab Spring Myer, Myer on the wall, who's got the worst service of all? Just In More Just In » Dad fears for missing teen's safety The father of a missing Queensland teenager has appealed for help to find his son, who disappeared five months ago.More » Japan PM vows nuclear-free future US soldier jailed for killing Afghan civilian Flood victims in ballot for land on higher ground Malaysia bound asylum seekers 'on hunger strike' Indonesia 'finetuning' case against Bali bombing suspect Clans come together for Indigenous festival US credit rating cut for first time ever Market tumble sparks super fears Workers seek compo over Montara spill World More World » 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 » US credit rating cut for first time ever British teen killed by polar bear Five killed as Somali gunmen loot food aid US soldier jailed for killing Afghan civilian Reports of Gaddafi's son's death 'dirty lies' Police convicted of post-Katrina shootings Murdoch pie attacker wins sentence cut Former Ukrainian prime minister arrested Business More Business » 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 » US job figures temper market free fall Market tumble sparks super fears $50bn lost in 'bloodbath' on local market Analysis: What's behind global market losses? Reserve Bank slashes growth forecast Investors flee as debt crisis rips into eurozone Construction slump continues Politics More Politics » Fears NBN will widen digital divide An Indigenous group is urging the Federal Government not to extend the digital divide by providing high-speed internet to Darwin, but only satellite services to the rest of the Northern Territory.More » Former Ukrainian prime minister arrested Thousands hit by licence disqualification bungle Prime Minister's department gets new secretary Officials deny collusion in Moti deportation Sport More Sport » Soward cleared of back injury The Dragons are confident Jamie Soward will not miss any football after he left the field suffering a back spasm during Friday night's NRL loss to the Tigers. More » Saints march on past Freo Henry urges Cowboys to move on from loss Lyon must recruit the best: Woewodin Watt wins again in Diamond League 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 » Telescope detects oxygen in space NBN heading for six new towns NASA gets close look at asteroid Vesta Half of European men 'share King Tut's DNA' 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 » Fukushima stokes fear on Hiroshima anniversary Turnbull decries war on climate science Murray water reform delay under fire Greens demand action on Sumatra logging claims About this email You received this email because you are subscribed to ABC News email alerts. 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