Posts Tagged ‘Fitch Group’

VietFinanceNews.com – Fitch Ratings has affirmed Vietnam’s Foreign- and Local-Currency Issuer Default Ratings at ‘B+’. The Outlook for both Ratings is Stable. The Country Ceiling is also affirmed at ‘B+’, and the Short-Term Foreign Currency IDR at ‘B’. (more…)

Moody’s Affirms U.S. Rating, Warns of Downgrades

Moody’s Investors Service and Fitch Ratings affirmed their AAA credit ratings for the U.S. while warning that downgrades were possible if lawmakers fail to enact debt reduction measures and the economy weakens.

The outlook for the U.S. grade is now negative, Moody’s said in a statement yesterday after President Barack Obama signed into law a plan to lift the nation’s borrowing limit and cut spending following months of wrangling between Democratic leaders and Republican lawmakers.

Read More: http://www.bloomberg.com/news/2011-08-02/u-s-aaa-rating-faces-moody-s-downgrade-on-debt-economic-slowdown-concern.html