Does the domain name extension affects rankings?

[scoobby]

In webmasters tools google when see a .country code domain it value it more in the specific countries search results.And also i read before some days that because of a little mistake all .info domains get very big devauluation for a small period of time.
So i guess that playing a role.

[Arleigh]

I think domain name extension is also a factor that affects rankings. Though I'm not saying that it has big effect. If your site has a .co.uk domain, I think it will help increase your rankings in UK search results.

Or also if your site wants to achieve higher ranking in UK search results, it would be better to get backlinks from site with .co.uk domain.

[bullshitwebsites]

I still prefer .com...

they are king