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Study shows higher credit ratings awarded to debt issued by those who paid the most.
Pimco's Gross says governments should not concentrate on cutting debt.
President Sharma to leave in wake of controversial U.S. ratings cut.
Rating agency rebuts S&P downgrade as lawmakers address debt.
U.S. downgrade likely to be offset by EU debt crisis, slower growth.
Treasuries back to yields last seen in '50s amid slowing growth.
Downgrades still possible, agencies warn; Moody's has negative outlook on U.S.