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Credit rating agencies are once again in the spotlight amid the ongoing high-stakes debt ceiling negotiations in Washington. As Democratic and Republican lawmakers remain deadlocked and the ...
Credit rating agencies such as Moody’s, Standard & Poor’s (S&P), and Fitch are pivotal in the global financial landscape. They assess the creditworthiness of countries, corporations ...
and what role the credit rating agencies play in the process. A credit rating is a letter-based score that reflects the credit worthiness of an entity, such as a government, municipality or ...
Fifteen years ago, in August 2008, the world’s credit-rating agencies were in the midst of the worst period in their history. The global financial crisis was about to reach its zenith.
For African countries, this opacity can be especially damaging. When rating decisions lack transparency, it’s impossible to ...
Six credit rating agencies agreed to pay a total of more than $49 million in civil penalties to settle U.S. Securities and Exchange Commission charges they broke recordkeeping rules, the regulator ...
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