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Credit rating agency says move prompted by economic recession and government austerity measures that have hurt demand.
Berlusconi says the Moody's decision to cut bond ratings by three notches was expected.
Bank of America among those affected, as credit rating agency says US government less likely to fund future bailouts.
Credit rating of Societe Generale and Credit Agricole cut by Moody's because of their exposure to Greek debt.
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Swathes of the British electorate continue to show discontent with all things European, including immigration.
Astronomers have captured images of primordial galaxies that helped light up the cosmos after the Big Bang.
Critics assail British photographer's portrayal of indigenous people, but he says he's highlighting their plight.
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.

 
 
 
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