Credit rating consultants Moody's Friday issued a report according to which Argentina's ”long history of failure when implementing International Monetary Fund (IMF) programs” meant the risk of default had not been averted.
Ratings agency Moody’s cut the United Kingdom’s debt rating on Friday over the huge economic hit from the coronavirus crisis, Brexit and the lack of clear budget plans from Prime Minister Boris Johnson’s government.
Ratings agency Moody's Investors Service upgraded Brazil's sovereign credit rating on Monday, giving a vote of confidence in the government's efforts to prevent the region’s largest economy from overheating.