2015 Event After a credit rating downgrade to 'junk' by Standard & Poor's, Brazil implements a $17 billion austerity package that will eliminate ten government ministries, cut public spending, and halt both hiring and salary increases in the public sector 2015 Event Debt rating company Moody's downgrades Greece to a Caa3 rating after the country misses its $1.6 billion payment to the IMF; Greek citizens will vote July 5th on whether to accept austerity conditions in exchange for bailout funds 2015 Event New anti-austerity Prime Minister Alexis Tsipras halts the public asset privatizations required under Greece's bailout agreement with its foreign creditors; Standard & Poor's has lowered its rating on Greek national debt from stable to negative 2013 Event The United Kingdom's bond credit rating is downgraded for the first time in history; Moody's Investor's Service changed the bond credit rating from AAA to AA1 2012 Event Standard & Poor's credit rating agency receives a ruling by an Australian judge that they misled investors in their rating of two-pre-crisis issues of structured debt 2012 Event Moody's credit rating agency lowers its outlook on the European Union's AAA long-term bond rating from stable to negative 2012 Event Standard and Poor's credit rating agency increases the rating of the Philippines to BB+ 2011 Event France's three biggest banks, Credit Agricole, BNP Paribas and Societe Generale, are downgraded by Moody's credit rating agency 2011 Event After Standard & Poor's and Fitch downgraded Spain's credit rating, Moody's downgrades them further to a rating of A1 2011 Event Italy's credit rating is lowered from A+ to A by Standard and Poor's rating agency, a result of its high level of debt and the stability of its government 2011 Event With weak economic prospects and significant levels of public debt, Japan is downgraded to Aa3 by Moody's credit rating agency 2011 Event Standard &: Poor's rating agency downgrades U.S. sovereign debt; the downgrade is the first in the history of the United States 2011 Event Stock markets in Asia, Australia and the United States fall after the U.S. loses it's AAA credit rating 2011 Event The U.S. credit rating is downgraded from A+ to A by the Chinese Dagong Global Credit Rating 2011 Event According to Moody's, Ireland's debt rating has been reduced to 'junk' status 2001 Death Tony Miles, chess player, chess Grandmaster, won matches with World Chess Champions Boris Spassky, Vassily Smyslov, Mikhail Tal, achieved peak rating of 2635, January 1, 1996 dies 1993 Event "Michael Jackson Talks To Oprah Winfrey" airs on ABC and drew an astounding 39.3 rating/56 share, 90 million people 1990 Event Motion Picture Association of America creates new NC-17 rating 1989 Event MPAA creates NC-17 rating for movies with adult themes 1980 Event Dallas' "Who Shot JR?" episode (Kristen) gets a 53.3 rating (83 mill) 1978 Event French TV announced a rating of "0" for a program about an Armenian's woman's 40th birthday, (comp: Napoleanic drama-67%, Knockout-33%) 1970 Event Movie rating system modifies "M" rating to "PG" 1969 Event "Midnight Cowboy" released with an X rating 1968 Event Motion Picture Association of America introduces rating system (G, M, R, X) 1968 Event Motion Picture Association of America adopts film rating system 1955 Birthday Tony Miles, born in Edgbaston, Birmingham, chess player, chess Grandmaster, won matches with World Chess Champions Boris Spassky, Vassily Smyslov, Mikhail Tal, achieved peak rating of 2635, January 1, 1996 1951 Event Life After Tomorrow, 1st film to receive an "X" rating, premieres 1921 Birthday Jack Valenti, born in Houston, Texas, Motion Picture Association of America President, created MPAA film rating system 1919 Birthday Huntz Hall, New York City, actor, Cyclone, Gas Pump Girls, The Rating Game
