S&P upgrades Uruguay’s rating to BB+, just one notch below investment grade

Tuesday, July 26th 2011 - 08:25 UTC

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The credit rating agency Standard & Poor’s upgraded on Monday Uruguay’s rating by one notch to BB-plus, only one notch below investment grade, praising years of “prudent and consistent” economic policies in the country. Read full article

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rylang23
It is breathtaking to watch the lunatics of Washington DC destroy a potentially good (formerly great) country in order to benefit a few thousand millionaires & billionaires. Then to watch Uruguay continue to make great strides for all of its people on a sound path of fiscal responsibility and a reasonable amount of capitalist investment. Who's the “Banana Republic” in these stories.
Jul 30th, 2011 - 09:04 pm - Link - Report abuse 0
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