Tag Archives: S&P
S&P downgrades China’s credit rating, cites rising debt
:: S&P Global Ratings downgraded China’s long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing increasing risks from the country’s rapid build-up of credit. “The downgrade reflects our assessment that a prolonged period of strong
S&P raises outlook on Israel’s debt profile
:: Israel’s improved economic growth and efforts to rein in spending prompted Standard & Poor’s to raise the outlook on the country’s debt profile, the credit rating firm announced Friday. While S&P held Israel’s debt rating stable at A+, it
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