Ten Things You Need to Know Today: Saturday 14 Jan 2012

1. EUROZONE CREDIT RATINGS SLASHED

France has been stripped of its AAA credit rating and eight other eurozone countries have had their ratings downgraded by top agency Standard & Poor. Italy, Spain, and Portugal had their standings slashed by two points. The EU's top economic official said he "regrets" S&P's "inconsistent" move.

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