Related News - US Dollars

(Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largesteconomy.

S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits.

U.S. Treasuries, once undisputedly seen as the safest investment in the world, are now rated lower than bonds issued by countries such as the UK, Germany, France or Canada.

The outlook on the new U.S. credit rating is negative, S&P said in a statement, a sign that another downgrade is possible in the next 12 to 18 months.

News Pick from Toronto Metro Wednesday August 3 2011

(1) A Kevin Murray was killed at the Carribean Carnival on Saturday (incidentally, my Japanese colleague happened to be there with her friends too). The incident happened because a male caught two other males robbing Carnival revellers.


(2) A 47-year old woman was stabbed to death and a 50-year old man believed to be her husband, was shot dead by police at the Cottonwood Court home, near John Street and Don Mills Road. Reportedly, the couple were from Middle East. They had lived in their 3-storey home for about 2 years with their two daughters.


Parks accessible by Transits:
(1) High Park - Highway subway, walk south
Playground, swimming pool with slides, hiking, biking, Grenadier Pond for fishing. Pretty plants like Butterfly Weed. Small zoo with bison, deer llamas, peacock, highland cattle.


(2) Dufferin Grove Park - #29 bus, one stop north of College, three stops south of Bloor or Dufferin subway station or walk or catch the Dufferin bus going south.
Wading pool, shoot hoops, children's garden, butterfly garden, kitchen gardens. local theatre troupes, art festivals.


(3) Sunnybrook Park - Leslie Street #51, Eglinton East #34 or Lawrence East #54. 15 minutes walk from the bus stop.
bike trails, open spaces for soccer, football, nature and plant life, riders on horses