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    U.S. debt rating downgrade harms world economy - Putin

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    The recent U.S. debt downgrade by a leading debt ratings agency is harmful for the global economy, Russian Prime Minister Vladimir Putin said during his annual address to parliament on Wednesday.

    The recent U.S. debt downgrade by a leading debt ratings agency is harmful for the global economy, Russian Prime Minister Vladimir Putin said during his annual address to parliament on Wednesday.

    "It has a negative effect on the global economy," Putin said.

    His comments came two days after Standard & Poor lowered its top AAA rating on U.S. government debt.

    MOSCOW, April 20 (RIA Novosti)

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