Decoupling? Hardly. The old adage has it that when the U.S. sneezes, the rest of the world catches cold. Today, with the U.S. economy apparently coming down with a case of full-blown flu, other countries are likely to have a hard time maintaining their economic health, sovereign credit experts say. The U.S.'s credit rating slips slightly from six months ago, by 0.3 point to 93.8 on a scale of zero to 100, according to Institutional Investofs exclusive Country Credit survey, but much of the developing world suffers steeper falls.
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